Sentences with phrase «on bank lines»

We don't want to operate on bank lines.

«The business had negative availability of $ 2 million on its bank lines, it was being sued in four separate jurisdictions, it was being delisted by the American Stock Exchange, it was behind on taxes, it was losing business, and it was more than $ 65 million in debt.»

Not exact matches

And even the Federal Reserve's modest rate hikes have had an outsized impact on the bottom line of Bank of America, which pockets the extra interest it collects on loans while paying out much less on consumers» deposits (making money on the so - called spread).

When the Federal Reserve boosts its target funds rate, banks are quick to follow suit by increasing the cost of borrowing on everything from credit cards to home equity lines of credit.

On average, you pay a 1 - 3 % higher interest rate when compared to the prime rates found in lines of credit and bank loans.

For example, front - line caisse workers have expressed irritation with having to juggle different protocols and technological systems for each of the company's various service offerings — personal banking, credit cards, investment accounts, insurance and so on — while serving a single member.

That last line is key: «Increased bank reserves held at the Fed don't necessarily translate into more money or cash in circulation, and, indeed, broad measures of the supply of money have not grown especially quickly, on balance, over the past few years.»

In the third quarter, Bank of America beat on the top and bottom lines, reporting earnings per share of $ 0.41 on revenue of $ 21.64 billion.

And while stocks for banks and private prisons have fallen, retail stocks are on the way up: Nordstrom is up 11.8 % since the Trump trade began to reverse (and since protesting Ivanka Trump's clothing line).

In order to set up payroll, however, the person on the other end of the line just needs you to fill out a form with your Social Securitynumber and bank account information.

, a vice-chairman on the House Financial Services Committee, has sent a blistering letter to Federal Reserve Chair Yellen telling her in no uncertain terms to stop cooperating with other central banks and insurance supervisors over global rules of conduct, at least until the new administration has given her a clear political line to follow.

Singapore Airlines is close to a 50 percent hedge on fuel prices, helping the bottom line, says Mohshin Aziz of Maybank Investment Bank.

The more progressive line argues, as Wolman does, that reliance on cash transactions «perpetuates [poor] peoples» exclusion from banking and the formal economy» and makes it hard for governments, especially in developing countries, to efficiently serve their citizens.

Depending on whether you're looking at a line of credit from a traditional bank or an alternative lender, you might be dealing with two pretty distinct loans.

Adani Group, controlled by the billionaire Gautam Adani, said it will now plan to finance the vast Carmichael coal project on its own, but the company faces an uphill struggle as both governments and major banks adopt a harder line towards new coal projects, citing the impact of coal - fired power on climate change.

BUDAPEST, May 3 - The crown eased versus the euro on Thursday as expectations for hawkish comments from the Czech central bank were outweighed by indications from the U.S. Investors in Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on Thursday.

Bottom line: at a time when the Bank of Canada was counting on exports to become an engine of economic growth, trade likely will be a net negative, according to the October 2016 Monetary Policy Report.

But he said in a statement on Tuesday that if the agency does push ahead with such a charter, fintech firms would be supervised in line with similar, traditional banks «with appropriate requirements for capital, liquidity, and meeting the financial needs of its customers.»

The Utah - based bank holding company reported earnings of 57 cents a share on revenues of $ 116.9 million, beating analyst expectations on both top and bottom lines.

On Tuesday morning, Goldman Chief Executive Lloyd Blankfein plans to give a presentation that paints his bank as one that earns steadier profits than peers, and delivers them through sundry business lines.

He is likely to toe the central bank's official line on monetary policy, though looking out for any strong comments on the impact the BOJ's policy on bank profits - 0615 GMT.

The bank offered a line worth 60 % of NetForce's monthly accounts receivable under 60 days old — about $ 200,000 on average.

But at that bank, receivables financing involved cash - management fees: $ 85 a month for a lock box, 40 cents per check deposited in the lock box, $ 16 a month for account processing, and $ 75 a month for the ability to check postings on - line.

Axios notes that Spotify is likely on track to go public in the first quarter of 2018 through a direct listing, rather than going the more traditional route where Wall Street banks help a company line up investors.

Though it had little impact on the bank's bottom line, a phony accounts scandal dominated 2016 for Wells Fargo, which continues to deal with the costs and fallout stemming from its aggressive sales tactics.

«I think there's a lot of focus upon the top line in the bank and over near - term we have been fairly flat on the top line, but if you look back over the last nine months, actually the top line is up about 5 percent,» Halford said about the share price move.

Frenkel criticised the ineffectiveness of governments since the financial crisis of 2008 which forced central banks to take their place in the «front line» of policy making, he said at an event in London on Tuesday.

Indeed, a recent report by Bank of America showed that 91 percent of small business owners said Black Friday has either a minor or no impact on their business's bottom line, and 81 percent believe Cyber Monday is over-hyped and has no bottom line significance.

What it's good for An easy sign - up process and comprehensive bill management that can be integrated with on - line banking.

The basic module gives customers on - line access to a complete list of their previous day's banking transactions.

The New York State Department of Financial Services (DFS) made the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans and other financial arrangements including lines of credit and loan guarantees a week ago, the person said.

International management and technology consulting firm Booz, Allen & Hamilton Inc. recently reported that 20 % of the 285 North American banks it surveyed already operate Web sites and that 69 % plan to offer a range of banking services (including account - balance inquiries and on - line bill payment) over the Internet within the next three years.

If you apply, expect barter companies to check your Dun & Bradstreet credit rating and vendor references, although the application and approval process should be easier than with a bank loan; on credit lines worth more than $ 10,000, owners may also have to sign personal guarantees.

On a typical morning, Frederick Roberts and his staff pore over faxes that detail balance figures from the company's international accounts in Europe and the Far East (at present most foreign banks don't have the menu of on - line services that major U.S. banks have introducedOn a typical morning, Frederick Roberts and his staff pore over faxes that detail balance figures from the company's international accounts in Europe and the Far East (at present most foreign banks don't have the menu of on - line services that major U.S. banks have introducedon - line services that major U.S. banks have introduced).

On - line banking lets them move cash between accounts to pay bills while they still earn as much interest as possible on their cash reserveOn - line banking lets them move cash between accounts to pay bills while they still earn as much interest as possible on their cash reserveon their cash reserves.

A veteran of the banking scene (he's had lines of credit as high as $ 750,000 in the past), Thompson is now firmly hooked on barter credit as a way of reducing bank borrowing.

That's why a number of banks have lined up to announce a ban on purchasing crypto with credit cards.

Should you need the money, you simply withdraw on the line of credit as if it were cash in your bank.

Sure the banks will give us a «line of credit» so they can gouge you for 20 % interest after you have the card / account for two months like Citibank and Bank of America has done to both my credit cards (even when I'm paying on time and amounts well above minimum).

«Now that the Bank has drawn a line in the sand, it's injected caution on the speculative side.

To date, central banks are holding the line on short rates, keeping them near zero.

Depending on the account terms, the bank might charge you a fee to use the credit line.

You only pay interest on the money used in your personal credit line, but your bank might charge a fee for this use.

And so the European Central Bank's credibility is on the line.

His previous work has included behavior - based security analytics such as malware detection and insider threat detection, risk - based on - line banking fraud detection, data loss prevention, voice - biometrics security, and speech and language processing.

Most banks and credit unions offer standard term loans and lines of credit for small businesses, and while qualifying will depend on the bank, you will need both a strong personal and business credit score as well as strong business financials.

Banks have long called for clarity on the final shape of regulation so they can decide on which lines of business they want to stay in.

Bank of America also reported earnings on Friday before the bell, beating expectations on the top and bottom lines.

While the dots do not line up exactly on a straight line, it is clear that larger banks also tend to have higher G - SIB scores.

Immediate credit challenges include potential draws on liquidity associated with rating triggers embedded in the city's letters of credit (LOCs), standby bond purchase agreement (SBPA), lines of credit, direct bank loans, and swaps [Oops — banks can and should pull the plug].