Sentences with phrase «operations of their banks because»

In the OkCoin example, it is also interesting to contrast Bitcoin customer activism with the lethargy of traditional bank customers, who take very little interest in the reporting and operations of their banks because deposits are insured.

Not exact matches

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.

It's all the more puzzling because Dodig comes from the wealth management side of the bank, which makes up a small fraction of CIBC's operations.

Kelleher's comments are pertinent because the New York Fed also supervises the big Wall Street banks JPMorgan Chase & Co. (JPM), Citigroup Inc. (C), Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS), in addition to the key New York operations of foreign banks like Germany's Deutsche Bank AG (DB), Switzerland's UBS AG (UBS) and the U.K.'s Barclays Plc (BCS).

Small banks are strong supporters of the bill because it scales back many of the Dodd - Frank rules that are much more expensive for them to comply with than the big banks that have large compliance operations.

(b) Banks are apprehensive about boarding new bitcoin clients because Canada's federal government, via the Department of Finance, has yet to introduce regulations which specifically target bitcoin and digital currency operations.

Suppose the quantity of money is increased by tax reduction or government transfer payments, government expenditures remaining unchanged and the resulting deficit being financed by borrowing from the central bank or simply printing money [he adds a footnote, which Friedman lifted without direct attribution: «Open market operations are different, because they result merely in a substitution of one type of asset for another.»]»

Because of its peer - to - peer nature, cryptographic features, and not having a «central bank» controlling its operations, it has raised regulatory questions for many countries.

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.

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 taxablBecause 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 taxablbecause 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.

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.

Only eight of the banks said they have started moving staff or hiring employees locally to bolster their European operations because of Brexit.

Bank of Ghana after noticing the so called irregularities in the operations of these institutions and knowing very well that customers of these institutions were not from Cambodia but rather Ghanaians whom they own an outstanding responsibility of offering financial security and protect their intetest should have thought about rolling out measures which would refund the various investments but because we live Ghana, our those wielding power can abuse it and exercise foul discretions without penalization, they rather decided to muddy the whole case in a deliberate attempt to deny or make refund impossible, a true Ghanaian way of seeking the fall of others.

Well, if the Fed tries to do something similar to «operation twist» it would require banks to hold more capital against their positions, because the safe interest rate falls, it causes the risky portion of each loan to rise.

In its discount window operations during crisis times, that is, when acting as lender of last resort to some institution or IPC, the central bank will also often have to act as market maker of last resort because it will have to value financial instruments for which no meaningful market price is available.

Among other benefits, EACs protect a bank from the risk of expanding overseas because they separate the risks of international operations from those of domestic operations.

Because they work through the use of call centers and internet based operations, they have a lower overhead than traditional lending institutions like banks and credit unions.

My local credit union closes at 3:00 p.m. With an online bank account, you never have to worry about the hours of operation because the Internet is always accessible.

The bank's Head of Global Markets Andrey Shemetov told RBC that the Russian bank chose Switzerland for the exchange location because Russian authorities do not currently allow cryptocurrency operations, while cryptocurrency exchange is legal in Switzerland.

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