The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government
on shadow banking that has given them an edge over smaller peers.
While it may seem as though Chinese authorities have started to get a grip
on shadow banking, Moody's also warns that the ability of the formal financial system to replace shadow credit lines «may not be a perfect substitute».
Not exact matches
Strengthen Dodd - Frank
banking regulations and crack down
on Wall Street's «
shadow banking system,» which Clinton describes as letting hedge funds and high - frequency traders profit disproportionately to every day investors.
After the recession, the country spent trillions
on infrastructure projects, with many
banks, including unregulated or «
shadow»
banks, loaning money to companies that have been unable to pay back their debts.
Pang added that the government controls
on the NCDs are «just the first steps to control the growth of
shadow banking,» and she expects more rules to come.
The credit boom has been fueled by strong economic growth, a robust property market and a crackdown
on riskier
shadow lending, which has forced
banks to shift some loans back onto their balance sheets.
That can provide hints
on activity in China's vast and unregulated
shadow banking sector, which authorities have also been targeting in their campaign to reduce systemic risks.
Strengthen Dodd - Frank
banking regulations and crack down
on Wall Street's «
shadow banking system,» which Clinton says lets hedge funds and high - frequency traders profit disproportionately compared with everyday investors.
Esmail said that the emerging markets are in some sense reliant
on China as an economic engine, and China's
shadow banking crisis is the biggest risk to emerging markets, but valuation-wise the emerging markets are the most appealing part of global equities universe.
This included the unwinding of some
shadow banking and interbank activities, controls
on wealth management operations, trust structures and interbank lending structures.
Controls were put
on lending by
banks and
on organisations in the non-bank financial sector (
shadow banking).
In addition, we think Chinese President Xi Jinping is likely to continue the government's crackdown
on corruption and the
shadow banking system.
The reforms enacted through the 2010 Dodd - Frank Wall Street Reform and Consumer Protection Act focused primarily
on the
banking industry, leaving the
shadow banking sector largely intact.
China's debt problems, in other words, can not be resolved administratively, by fixing the
shadow banking system, by imposing discipline
on borrowers, or indeed by eliminating financial repression (much of which, by the way, has already been squeezed out of the system by lower nominal GDP growth).
This was the year that Beijing was expected to step up its controls
on unfettered lending, particularly in the so - called
shadow banking area, as it seeks to contain a dangerous build up in debt across much of the economy.
The once - booming controversial financial sector, which has
on many occasions caught the ire of regulators, appears to be showing distinct signs of faltering as evidence mounts of investors withdrawing from those savings products that once helped to bolster the
shadow -
banking sector to unprecedented, dangerous levels of leverage.
The central
bank's apparent reassurance came after China's financial system showed fresh signs of stress
on Monday, with short - term borrowing costs for
banks soaring
on heavy holiday - induced demand for cash and rising worries over the vast
shadow -
banking sector.
SHADOW Agriculture Minister Joel Fitzgibbon wants the
banks and federal Coalition government to intervene
on the «extraordinary» dairy crisis in southern Australia to provide debt - relief assistance to help farmers sleep at night.
Concrete results have been achieved
on «
shadow banking» regulation,
on anti-corruption information sharing mechanisms, and
on the OECD plan to fight international tax avoidance and evasion (Base Erosion and Profit Shifting).
Labour's
shadow chancellor Alan Johnson suggested before the speech that the implied cut to capital spending of 33 % could be halved by increasing taxation
on banks and implementing a hike in capital gains tax.
Liberal Democrat
shadow chancellor Vince Cable has criticised high - risk «casino
banking» and called for a ten per cent levy
on bank profits this year to tackle the national deficit.
It is alleged that ruble is only a
shadow of dollar because the central
bank is allowed (by the USA) to issue only as much rubles as they have dollar reserves
on the US accounts, so that ruble is the «colonial dollar» and nothing more.
The first is
on the principles to reform the global
banking system including bringing the
shadow banking system, including hedge funds, into the global regulatory net.
While much blame can be placed
on Labour's regulatory system for both the
banking crisis and abuses that are regularly unfolding before the eyes of an incredulous public, the chancellor's focus today should have remained
on the reputation of the City being «at stake» - as put to him by
shadow chief secretary to the Treasury Rachel Reeves - and a culture change, something that all parties agree to be critical.
Ed Balls,
shadow chancellor, commented
on the interim report of the Independent Commission
on Banking:
Tory deputy chairman Michael Fallon comments
on Labour's record
on bank regulation and the party's new
shadow chancellor, Ed Balls:
New
shadow chancellor Ed Balls comments
on the government's lack of progress in securing a deal to get
banks lending again:
Labour's
shadow business secretary did not comment
on the proposed
banking split now being considered by a coalition government - initiated review, instead focusing
on what he suggested were more practical concerns.
It's
on the South
Bank, in the
shadow of Tower Bridge, and the contrast with Westminster is striking.
The first big dividing lines of the Labour leadership contest opened up
on Thursday when Yvette Cooper, the
shadow home secretary, refused to accept that Labour had spent too much prior to the 2007
banking crisis, making the economy more vulnerable when the crash came.
A Labour government would dismantle Theresa May's hostile environment policy and remove requirements
on landlords,
banks and employers to act as defacto immigration enforcement officers, the
shadow home secretary will say.
According to our correspondent Gideon Donald, writing
on page 14, the feud between George Osborne, the Conservative
shadow chancellor, and Nathaniel Rothschild, of the
banking dynasty, stretches back to Oxford days and the Bullingdon Club.
Competition among global
banks is good for small businesses and will provide better rates
on loans taken out by small to medium enterprises, the
shadow business secretary told Daybreak.
Live from Jodrell
Bank: The Transmissions, are a series of one day shows taking place
on an outdoor stage in the
shadow of the iconic Lovell Telescope at The University of Manchester's Jodrell
Bank Observatory.
Even the commentators John Michael Higgins and Elizabeth
Banks (always
on the side - lines, yet always delivering that perfect joke just when you need it), feel like desperate
shadows of their former selves, clinging to their sarcastic insults, as if it is all they've got left of the glory days of acapella singing.
In the daylight, the water's as clear as the air in our lungs, but our high beams only shone
on the snow that still sat in the
shadows, the currents running like ink between the
banks.
And where do the leaders stand
on the mounting danger from
shadow lenders, the non-bank lenders tapping ultra-low interest rates to extend mortgages to subprime borrowers even the
banks won't touch?
On Wednesday, the
bank couldn't ignore the data even as it acknowledged that the heightened uncertainty surrounding the future of the North American Free Trade Agreement — and the potential negatives for Canada — was casting a
shadow over its outlook.
Between the perennial risks of the unregulated
shadow banking sector and speculation fueled by central
bank policies to the prospect of a sudden crackdown
on whatever the bureaucrats designate as «corruption,» the world's second largest stock market — and second largest economy — has been excessively interesting.
Since Forestal Park Tenerife is located high up in the mountains, above the cloud
bank which can often
shadow northern resorts
on the island, this attraction is best visited during the cooler months, such as March, when the sun won't be so scorching.
Partake in high - stakes battle royale gunplay in a sunny SoCal dome as contestants drive - by
on BMX bikes or stalk other contestants from the
shadows in search for weapons and prizes... but also CASH that you can
bank - win or lose!
Here's what EA has to say about Giant's
Shadow: With a massive crashed airship casting its
shadow onto the battlefield, Giant's
Shadow brings fierce combat
on the open ground and river
banks alongside the Cateau - Wassigny railway.
The majority of the trade is carried out not between polluting industries and factories covered by carbon trading schemes, but by
banks and investors who profit from speculation
on the carbon markets - packaging carbon credits into increasingly complex financial products similar to the «
shadow finance» around sub-prime mortgages which triggered the recent economic crash.
But with that price gap now closing, the Porsche Design model casting a
shadow of sorts, and few points of distinction to really set the Mate 9 apart, Huawei is largely
banking on Samsung's explosive exit from this market to succeed.
Judging from the latest hard data, the outlook for 2016 remains relatively encouraging, although regulatory uncertainty has made a forceful comeback and is casting a
shadow over the ongoing progress in the sector,» says Jan Schildbach,
banking analyst at Deutsche
Bank Research, in a note
on the sector.
Louis and Ryan discuss the impact of the earthquake and tsunami
on the world economy; inflation, interest rates, the Fed and
Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the gold standard; the fate of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price of gold and silver and their role as stores of value; real estate vs. gold and silver as investments; the impact of
shadow inventory
on general inventory; the impact of the numbers of government workers and their salaries
on the D.C. area housing market.
Lenders are also finding short sales helpful to their bottom lines because pursuing a short sale frees the lender from the expense of a defaulted mortgage as well as avoiding the added carrying costs
on the
bank's books related to its «
shadow inventory.»