Sentences with phrase «only bullion bank»
In the depths of the building's footing resides ScotiaMocatta's bullion vault, the only bullion bank in Canada.
http://www.canadianbusiness.com/ Not exact matches
It appears to us that gold positions traded in London and NY among bullion banks, HFT's, hedge funds, and commodity traders constitute highly levered derivatives with only distant and notional relationships to the physical substance.
The Central Bank of Russia keeps all its bullion at home, since only in Russia can its gold be completely safe, according to Anatoly Aksakov, the chairman of the State Duma Committee on Financial Markets.
But inasmuch as Northern banks only had about $ 100 million of gold and silver coinage or bullion, it was clear that most of the money would have to be created de novo.