Sentences with phrase «profit for the big banks»

That's pure profit for the big banks without providing any service.

Not exact matches

Kate Kelly is a reporter for the New York Times who covers the many facets of Wall Street: personalities, big profits and losses, banks, hedge funds, and regulation.
Far better, at least from the bank's point of view, is to have the government step in and re-level the playing field for everyone — providing, of course, the changes don't take too big a bite out of profits.
Morgan Stanley wrapped up earnings season for the big U.S. banks with a better - than - expected quarterly profit, driving modest gains in its shares.
Examples include companies that extract natural resources while producing large amounts of pollution and banks that speculate in hopes of big profits but then ask for bailouts if they end up with losses.
And in terms of what businesses planned to do with any profit returned from abroad, a Bank of America Merrill Lynch survey of more than 300 CEOs found that paying down debt and stock buybacks were by far and away the biggest priorities for businesses.
For an important discussion on this topic, see 10 years after the Great Recession, big banks are still making outrageous profits:
for most of the period in which detroit was declining the big 3 were making big profits (of course they had to be bailed out in 09 but that was because they had become banks as much as car producers but thazts a detail)... so content «board» declining «club» seems to describe detroit pretty well to me
Our club is in serious decline, our transfer window activity compared to the other big clubs is pathetic, clearly profit driven for greedy Kroenke, wenger is a subservient puppet and gazidis is just another yes man, none of the current board have any interest or backbone for the club they represent, as long as the silly fans keep the money coming all the management are happy, to keep their respective snouts in the trough (money pit) and laugh all the way to the bank.
Osbourne missed a trick: he should be asking why Labour is not doing more to help the banks to generate big, taxable profits for its new shareholders.
HELSINKI, July 31 (Reuters)- The following stocks may be affected by newspaper reports and other factors on Wednesday: POHJOLA BANK Finland's Pohjola Bank reported a bigger - than - expected rise in quarterly profit, helped by a capital gain as well as firm demand for corporate loans.
For years, I've seen multi-billion dollar corporations like the big 3 credit bureaus, the big banks and debt collectors using the credit system as a tool to earn big profits.
The biggest difference between a bank and a credit union is whether the company exists primarily to generate profit or whether the core operations are organized around maximizing that profit for return to its ownership.
Is it really necessary for the government to protect the big banks who earn huge profits from loan losses?
A big difference between for - profit banks and their credit union rivals comes in the loan department.
The largest banking companies in America earn major profits from the big appetites that consumers have for unsecured debt.
Incidentally the banks weren't always required to give you that option, and when they weren't, they didn't; I've read that overdraft fees are the single biggest profit center for the consumer banking divisions of a lot of major American banks, and their lobbyists complained bitterly about the provision of the Dodd - Frank bill that allows debit card users to opt out of overdraft fees.
As part of the Indigenous - led DC Reinvest Coalition, we're working to pressure the DC Government to divest its holdings and banking operations from Wells Fargo, which is among the biggest funders of the Keystone XL and Dakota Access pipelines, a major investor in for - profit prisons, and an institution with a long history of racist lending.
Hmm — funny but I got an email only 4 days ago (from something called «Carbon Profits») telling me that, according to Barclay's Bank, «Carbon will be the world's biggest market» with potential for 300 % + projected returns from the «Next Trillion Dollar Market».
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