Sentences with phrase «on bank operations»

Besides USSR gov never hesitated on bank operations like exchange of money - which was done last time in 1991.

Not exact matches

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

«Fraudulent activity of your employees was not limited to Wells Fargo's consumer banking operations,» he wrote in the letter, which was reviewed by Reuters on Tuesday, explaining that the revelations came during congressional staffer discussions with the bank.

Bitcoin investors are on alert to see whether Beijing will take further action against cryptocurrencies, such as shutting down bitcoin «mines», the energy - hungry operations that create bitcoin by solving mathematical problems using vast banks of computers.

Fintech is a big opportunity for the Vision Fund, because cash is critical in building out lending and underwriting operations and there are plenty of areas where emerging companies can take on giant slow - moving banks.

The 50 - day conflict came on the heels of Operation Brother's Keeper, a large - scale counterterrorism crackdown in the West Bank prompted by the abduction and disappearance of three Israeli teenagers on June 12, 2014.

A representative for Goldman Sachs told The Wall Street Journal on Monday that the banking giant is considering starting its own Bitcoin operation.

It also marked TD's transformation into being a bank that depends heavily on its retail operations.

CNBC is reporting that RBC and auto lender Ally are on the verge of a deal to sell the latter's Canadian operations to the bank for about $ 4 billion.

As Brexit discussions continue to move forward, banks are more seriously considering what effect U.K.'s EU exit will have on their operations.

At its birth, Necurs delivered banking trojans, then moved on to ransomware, then to distributed denial of service (DDoS) attacks, then to securities pump - and - dump scams, then back to banking trojans, says Kevin Epstein, vice president of threat operations at messaging security company Proofpoint.

The central bank uses that rate as a way to keep the rates for overnight interbank borrowing from going beyond its target range, relying on reverse repo operations to set the floor.

TORONTO — Three of Canada's biggest banks delivered first - quarter results on Thursday that outshone analyst expectations, helped by improvement in their lending operations.

But the Bridgehampton, N.Y., winery was forced to close on September 30, 1996, because neither its vineyards nor its bank account was green enough to keep the operation growing.

Earlier the euro zone common currency had fallen to a session low against the dollar and yen on speculation that some large German banks could be asked to split their investment banking operations, driving European shares lower.

Although the banks say the moves would be legal procedures that would have a minimum impact on their operations and jobs in Scotland, their warnings intensified concerns about an independent Scotland's ability to retain businesses — particularly during the months of financial uncertainty that would follow a vote to break the 307 - year union with England.

It's been banking on Addyi as its main drug, and with that getting approval, the company needs this boost in funding to expand its operations.

This included the unwinding of some shadow banking and interbank activities, controls on wealth management operations, trust structures and interbank lending structures.

Only one Canadian corporation (TD Bank Group) has joined the RE100, a group of multinationals committed to running their operations entirely on renewables — compared to 41 companies in the U.S. and 25 in the U.K.

The New Banks have written off claims on major corporate debtors, whose continued operations have ensured their role as cash cows for the banks» new vulture owBanks have written off claims on major corporate debtors, whose continued operations have ensured their role as cash cows for the banks» new vulture owbanks» new vulture owners.

Earlier that day, the Bank of Russia's first deputy chairman Sergey Shvetsov proclaimed that, «We consider all cryptocurrency derivatives to be a negative development on the Russian market,» explaining that the bank intends to «restrict potential operations with such instruments made by the regulated part of the Russian market» and to inhibit external actors from making such assets available to the Russian public by preventing access to their websiBank of Russia's first deputy chairman Sergey Shvetsov proclaimed that, «We consider all cryptocurrency derivatives to be a negative development on the Russian market,» explaining that the bank intends to «restrict potential operations with such instruments made by the regulated part of the Russian market» and to inhibit external actors from making such assets available to the Russian public by preventing access to their websibank intends to «restrict potential operations with such instruments made by the regulated part of the Russian market» and to inhibit external actors from making such assets available to the Russian public by preventing access to their websites.

The Reserve Bank collects detailed information on asset - backed securities it accepts as collateral in its domestic market operations.

«The ultimate resolution of any of these pending legal proceedings or government investigations, depending on the sanctions and remedy sought and granted, could materially adversely affect our results of operations and financial condition,» the bank said in a filing with the SEC.

We see potential for quasi-fiscal operations, such as broader credit easing by central banks or sovereign guarantees on infrastructure projects, as part of the solution.

It allowed the implementation of monetary policy to move away from the use of reserve and liquidity ratios on banks to the use of market operations to influence short - term market interest rates and, through that channel, the interest rates that all lenders charged on loans.

On the day that a new cash rate target is announced by the Reserve Bank, it is not necessary to conduct additional market operations to guide the market toward the new interest rate.

The central bank added the most funds to the financial system in open - market operations since February on Tuesday as currency - market intervention to prop up the yuan strained the supply of cash.

We should also identify ways to further tailor the Volcker compliance regime to focus on firms with large trading operations and reduce the compliance burden for small banking entities with limited trading operations.»

Previously, Mr. Gabrys served as the operations leader for Deloitte's Financial Institutions Industry Group and served as the U.S. representative on its Global Banking Committee.

Following an initial (very) small grant from an NGO, the bank's operations are funded by a) interest from microcredit loans (up to 3.5 % monthly but also as low as 1 % depending on size of and purpose of loan) b) fees from the corresponding bank (i.e. Banco Palmas acts as local agent for regional bank to widen access to banking services), and c) commission for changing Palmas to Reais16.

At issue is what the relevant European law says should be done — and, more to the point, what should have been done on October 6 2008, when Gordon Brown closed down the UK operations of Icesave, an online subsidiary of Landesbanki, Iceland's second - biggest bank.

Banks don't want to do that, because they generally fund their operations with disproportionate amounts of debt, and they maintain that their profitability — as well as our economy's growth — depends on their continuing to do so.

«The Central Bank Brazil is following the evolution of the use of such instruments and discussions in international forums on the subject — in particular about their nature, ownership and operation,» the bank sBank Brazil is following the evolution of the use of such instruments and discussions in international forums on the subject — in particular about their nature, ownership and operation,» the bank sbank said.

Retained issues are not placed in capital markets, but kept on the issuer's balance sheet for collateral purposes in central bank liquidity operations.

Because we do not expect to earn revenue from our business operations during the current taxable year, and because our sole source of income currently is interest on bank accounts held by us, we believe we will likely be classified as a «passive foreign investment company,» or PFIC, for the current taxable year.

We have more than 5000 best practice articles on hotel management and operations, so our knowledge bank is an excellent investment!

Twice during the year after buying into Promsberbank, he visited the Moscow headquarters of Deutsche Bank's Russian operations, seeking to persuade the German lender's top executive there to open a correspondent account for Promsberbank, according to Kulikov's statement to police on the night he was arrested.

2015.04.01 RBC to sell its Suriname banking operations Royal Bank of Canada (RY on TSX and NYSE) or («RBC») today announced that it has entered into a definitive agreement to sell RBC Royal Bank (Suriname) N.V. («RBC Suriname») to Republic Bank Limited, subject to customary closing conditions...

2014.01.28 RBC to sell its Jamaican banking operations Royal Bank of Canada (RY on TSX and NYSE) today announced that it has entered into a definitive agreement to sell RBC Ro...

2014.06.27 RBC completes sale of its Jamaican banking operations Royal Bank of Canada (RY on TSX and NYSE) today announced that it has completed the previously announced sale of RBC Royal Bank (Jamaica) Limited and RBTT Securities Jamaica Limited (collectively «RBC Jamaica») to Sagicor Group Jamaica Limited...

On Tuesday, Bank of America announced that after passing the Federal Reserve's latest stress test — an exercise implemented after the financial crisis that requires big financial institutions to prove they have the capital to sustain operations in a recession — it would raise its dividend to $ 0.48 per year.

The central bank currently grants Greek and Cypriot government bonds a waiver in its operations as long as the countries stay in a program that ensures their reform efforts stay on track.

In a recent post on Reddit, alleged BMO employee xxmatty87xx posted a screenshot of a supposed «company wide» email distributed by the bank's wealth management product operations on March 28, 2018.

Retailers are banking on blockchain technology to secure consumer trust, create transparency, and streamline operations.

The weekend decision to strip $ 5.8 bn from the savings accounts of Cypriot banking customers has blown a hole in the EU's ambitious reforms billed as the route out of the eurozone crisis, while potentially undermining a growing reliance at banks around the world on funding their operations with customer deposits.

The payments associated with the privatisation of a further 16.6 per cent of Telstra had a substantial impact on flows of liquidity in the money market in October, and therefore were an important consideration in the Bank's market operations.

While the US and the UK are generally emerging from these problems — both on account of their more thorough - going balance sheet repair and because of their more successful conduct of QE operations by their central banks — they nevertheless must attempt to recover and grow in an environment that is adversely affected by the policy missteps in the Euro - area and Japan.

Finally the GC decided to launch a new series of four targeted longer - term refinancing operations (TLTRO II), starting on June 2016 providing financing to banks that could be as low as the negative 0.4 % deposit facility rate.

«The operation environment has become more challenging, and on top of that, technology is moving very fast, with new business models disrupting traditional banking.

** Vietnam's Ho Chi Minh City Development Joint Stock Bank, better known as HDBank, said its shareholders approved on Saturday a plan to merge with the unlisted Petrolimex Group Commercial Joint Stock Bank as it seeks to expand operations in the country.