Sentences with phrase «of other banking institutions»

Not exact matches

Small businesses can follow the example of the many large banks and other financial institutions that mandate vacations.
If you work at Bank of America, dial down your exposure to Wells Fargo, JPMorgan, and other financial institutions.
This year I expect to see an explosion of innovation in the financial technology space, as banks and other financial institutions decide to do more with the volumes of data at their disposal.
In an interview in March in the Charlotte Observer, Wells CEO Tim Sloan said, «I don't know if banks or credit card companies or any other financial institution should be the arbiter of what an American can buy.»
Pageonce iPhone and BlackBerry apps Banks it works with: America First Credit Union, Arvest, Bancorp South, BECU, FirstBank, Regions, South Financial, SunTrust, Synovus, USAA and Wachovia What you'll like: Thousands of financial institutions and other online services like Netflix, Amazon and MySpace What you won't like: Can't pay bills or transfer money
It goes like this: first of all, the bank is constantly scanning the horizon for smoke signals, looking for possible incipient trouble in big banks as well as the so - called «shadow banking system» (non-bank institutions that perform some bank - like functions) and trading information with other regulators.
The Fed's operations in the recent crisis have been loans to banks and other financial institutions and purchases of financial assets, not helicopter drops of cash into households» accounts.
Soon after, concerns about liquidity and asset quality put many other institutions at risk, including Bank of America and Citigroup, which took billions in loans from the government to weather the chaos.
And this rate does affect banks and other financial institutions decision making in terms of how much they are willing to lend money for.
In response, Oliver's office said the Superintendent of Financial Institutions has requested more information from banks and other lenders, adding the minister «closely monitor (s) Canada's housing markets, and stands ready to implement further measures if necessary.»
The company claims its underwriting approach, proprietary technology and word - of - mouth referral rate (currently 30 percent of its volume) is what sets it apart from banks and other lending institutions.
Besides direct loans and lines of credit, it also licenses the Kabbage platform to other financial institutions to provide automated funding to their own customers, including ING, Santander and Scotia Bank.
If there is a silver lining in the March 14 Eastern District of Virginia filing, it's that RBC is being sued for fraud only, while several other institutions, including Bank of America, Deutsche Bank and Barclays, are being sued for fraud and breach of contract.
At the urging of banks, credit unions and other financial institutions, Congress is seeking easing some of the regulatory requirements the bill created.
Warren also zeroed in on a popular industry proposal discussed by Blanton and others that would allow banks to count all loans held in portfolio as QM loans, noting that it would help financial institutions of all sizes.
The organization that made the loan initially; the lender could be the borrower's school; a bank, credit union, or other lending institution; or the U.S. Department of Education.
During periods of adverse changes in general economic, industry or competitive conditions, such as we experienced in calendar years 2008 and 2009, some of our vendors may experience serious cash flow issues, reductions in available credit from banks, factors or other financial institutions, or increases in the cost of capital.
Most of Dodd - Frank is focused on banks and other financial institutions, but some elements cut across industries.
In the document, the bank's governor, Veerathai Santiprabhob, wrote that financial institutions would not be allowed to invest or trade in virtual currency, nor to operate exchanges or other kinds of trading platforms, according to reports.
Among the biggest issuers of wealth management products are hundreds of banks and other financial institutions in poor, inland provinces.
Since banks, mutual funds, hedge funds, pension funds, and other institutions control more than 50 % of the market's average daily volume, the direction of the stock market nearly always follows the institutional money flow.
You are an authorized representative of a bank, broker - dealer, insurance company, registered investment adviser or other professional client (together, «Financial Institutions») engaged in business activities outside the United States of America (a «Non-U.S. Adviser») and the Financial Institution has authorized you to access and use the Holdings Information.
The Nigerian Senate's Committee on Banking and Other Financial Institutions will examine bitcoin's suitability for investment and recommend measures to protect citizens from suffering financial losses as a result of trading the digital asset.
This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
Analysis of volume patterns tells us which side of the market banks, mutual funds, hedge funds, and other institutions are on.
Because of legislation such as the Bank Secrecy Act, signed into law in 1970, and the Patriot Act, which was made law in 2001, those institutions must maintain strict compliance programs to monitor for signs of money laundering, terrorist financing, and other criminal acts, and they are obligated to report suspicious activities to authorities.
Mr. Hernandez also has extensive experience in the banking and financial services industry, as well as banking and related financial management expertise as a former member of the boards and audit committees of two other large financial institutions, Great Western Financial Corporation from 1993 to 1997 and Washington Mutual, Inc. from 1997 to 2002.
And by the standards of other institutions in Washington and central banks the Fed is highly respected.
However, total volume was significantly lighter across the board, signaling a lack of buying interest amongst banks, mutual funds, hedge funds, and other institutions.
This has long been the consensus advice from economists and multilateral institutions such as the World Bank, whose recent «China 2030» report argues that Chinese leaders should strengthen the role of markets and liberalize legal, financial and other institutions governing the economy.
MFIs typically operate where there aren't many traditional financial institutions, like banks, to send large amounts of money to other businesses.
Banks, credit unions and other financial institutions — they provide several types of debt instruments including credit cards, leasing products, demand / short - term loans and term loans.
Interest rates on government debt, too, were set by the authorities, and there were «captive market» arrangements under which banks and other institutions were required to hold minimum amounts of government debt.
Their debate tends to be about just how many billion of dollars need to be delivered to banks and other financial institutions to keep the good ship globalization afloat.
You may provide these instructions by voting via the Internet, by telephone, or (if you have requested paper copies of proxy materials through your bank, brokerage firm, or other nominee) by returning a voting instruction form received from that institution.
As the actions of Chase bank and other financial institutions have clearly demonstrated over the years, those who control the size and growth rate of fiat money can not be trusted to do the right thing.
He helped pilot Goldman Sachs to the forefront of investment banking and led the boards of Harvard, the Asia Society and the Federal Reserve Bank of New York, among other institutions.
The combination of higher volume and negative volume spread ratios tells us mutual funds, banks, hedge funds, and other institutions were in sell mode yesterday.
These banks could play an important role in plugging the leaks of the local economy, providing another home for local savings, for example, slowing the outflow of money into London and international financial institutions, speculative lending, derivatives and other aspects of «financialisation».
These are «must own» stocks in the eyes of banks, mutual funds, hedge funds, and other institutions.
Seen as the most significant portion of the legislation is the increase in the level at which a financial institution is considered a systemically important financial institution or SIFI — which subjects institutions to more oversight than other banks not given this designation.
In the Great Recession, banks and other financial institutions became insolvent or nearly so because of direct and indirect exposure to real - estate values.
The Central Bank of Iran says it is cooperating with other institutions to develop a new mechanism to control and prevent digital currencies in Iran.
Rather, the quest for deposits is motivated by two overriding profitability concerns, namely securing customers that can generate fee and loan revenue — bank customers are notoriously «sticky» so once you have them, you have them — and second, minimizing the outflow of net payments from customers to other institutions.
In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»
Banks and other institutions could lend more money every time the Fed reduced rates, and this led consumers to feel more confident in borrowing more, but it stressed their actual financial system beyond repair in many cases, and it caused stress for those that didn't borrow because they felt priced out of the housing market.
Short repayment course — Normal loans from banks and other institutions can give you a repayment plan that divides your debt payment in a long span of time.
This enables you to buy a property without the hassle and costs of going through a bank or other lending institution.
It was the unanimous opinion of this hearing panel that forcing a regional bank engaging in safe and sound banking and lending practices with $ 50 billion in assets to undergo stress tests and other regulatory rigors as a systemically important financial institution placed in the same league as a $ 2.5 trillion bank like JPMorgan, is nonsense.
Though this makes it less attractive for blockchain purists drawn to decentralized protocols, it has made Ripple more viable from the perspective of banks and other financial institutions.
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