Sentences with phrase «public banks as»

These and similar public banks have been, and are being, fiercely attacked by the vested interests in private sector banking and corporations, who rightly see public banks as a threat to their financial dominance.

Not exact matches

Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos of Kerr as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the central bank's surprise decision to keep interest rates unchanged.

As would other key players, including former TD Bank chief economist Don Drummond (author of a detailed report outlining cost - cutting opportunities in Ontario) and former parliamentary budget officer Kevin Page, who has spent decades uncovering wasteful spending in the public service.

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

J.P. Morgan, Wells Fargo, Bank of America Merrill Lynch, and Wedbush have been named underwriters for the company, which plans to go public on the Nasdaq as «KALA.»

As a recent client note from BNP Paribas pointed out last week, Chairman Ben Bernanke laid out the bank's strategy on «threats to financial stability» quite neatly in his latest public address.

Twitter hired Noto, 49, as CFO in 2014 with a stock award worth more than $ 60 million, following a career in banking at Goldman Sachs Group Inc., where he helped Twitter go public.

Another tip: Don't bank or use your financial apps on public Wi - Fi, such as the wireless connection you get at an airport.

«The focus of our legal appeal will be on the FCC's decision to reclassify broadband Internet access service as a public utility service,» Jon Banks, senior vice president of U.S. Telecom said in a statement.

«Governor Carney redefined the office of the governor of the Bank of Canada,» said Lee, describing the general public persona of previous governors as «monks in the monastery,» speaking in an «econo - geek» language that didn't often resonate with Canadians at large.

The former TD Bank chief economist stayed silent as campaigning politicians endlessly cited his landmark report on the province's public service.

Over the last few weeks the world has watched as Deutsche Bank has struggled to convince investors and the public that it is in a sound fiscal position.

Awtani added provisioning requirements of public sector undertaking banks have increased with the surge in non-performing assets (NPA) and that there still exists stressed loans in the system which will probably be recognized as NPAs over the coming few quarters.

No bank will be buying shares from the company and then selling them to the public, as is typically done in an IPO, so there will be no initial «price.»

TSF includes off - balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales.

Bullard, who has criticized the Fed's communications strategy as being too confusing for the public, said he was surprised the gap in expectations between the central bank and markets remained so wide.

As I wrote earlier this week, it was among the most explicit statements ever made about what went on inside the black box that protects the Bank of Canada's policy - making process from public view.

That Amazon Web Services has been pitching its public cloud services to banks, as reported by The Wall Street Journal, is not a shocker.

Blankfein may, however, be the last investment bank executive to get this rich for some time, as Goldman was the last of the major investment banks to go public.

Opportunity: An era of fiscal austerity in the public sector can be a boon for economics employment there, as federal and provincial departments such as Finance, Industry, Foreign Affairs and the Bank of Canada seek analysts who can work the data.

And as the market rose to a fevered crescendo the volume of investment banks clamoring to take Wired Ventures itself public rose proportionally.

Our PSI investigation showed that senior bank executives made a series of inaccurate statements that misinformed investors and the public as the London Whale disaster unfolded.

Another issue is that the bank usually advises that the company split its stock as many times as it needs to to get the price per share down to around $ 10 before it goes public, logic being that people like to buy in round lots (100 share purchases) and $ 1000 is a workable number for most people.

As noted by the esteemed commodities analysts at the US ex-investment bank, copper is very closely correlated to China fixed asset investment, which appears to have become public enemy number 1 of the People's Bank of China's latest tightening campabank, copper is very closely correlated to China fixed asset investment, which appears to have become public enemy number 1 of the People's Bank of China's latest tightening campaBank of China's latest tightening campaign.

For drunk driving, for example, one's score plummets straight to a C. On the other hand, triple As are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loanAs are rewarded with perks such as being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loanas being able to rent public bikes without paying a deposit (and riding them for free for an hour and a half), receiving a $ 50 heating discount every winter, and obtaining more advantageous terms on bank loans.

The Bank began emphasizing the target as its key interest rate in its communications with the public.

Howard Bancorp Inc. raised $ 36 million in its public stock offering as investors bought more shares than the Ellicott - City based banking company had planned to sell.

The effect of transfer payments to the financial sector — as well as the $ 5.3 trillion increase in U.S. Treasury debt from taking Fannie Mae and Freddie Mac onto the public balance sheet — is to support asset prices (above all those of the banking system), not inflate commodity prices and wages.

Spotify, which wants to trade as SPOT on the New York Stock Exchange, is taking an unusual path to the U.S. public markets, with a direct listing that will let investors and employees sell shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering.

However, a budget deficit that takes the form of transfer payments to banks, as in the case of the post-September 2008 bank bailout, the Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.

The CCPA today released my report: â $ œThe Big Banks Big Secretâ $ which provides the first public estimates of the emergency funds taken by Canadian banks. The report bases its estimates on publicly available data from CMHC, the Office of the Superintendent of Financial Institutions, US Federal Reserve, the Bank of Canada, as well as quarterly -LSB-...]

He has served as director on 20 public company boards; among them, Manulife, AEC, Crestar, EnCana Corporation, Weyerhauser Company and the Canadian Imperial Bank of Commerce.

Wells Fargo & Co.'s attempt to force aggrieved customers into closed - door arbitration over its fake - accounts scandal is drawing a legislative backlash in its home state of California and risks subjecting the bank to another round as a public punching bag.

After more growth and acquisitions, including Bank of Florida and a commercial finance group as well as GE Capital Real Estate, the company went public on the New York Stock Exchange in 2012.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to impose fiscal austerity on their labor force, cut back public spending and even sell off public enterprises.

To paraphrase Charles Baudelaire's quip that the devil wins at the point where the public comes to believe that he doesn't exist, the financial sector's lobbying effort wins at the point where people believe that running into debt contributes to economic growth rather than burdens it, and that they will end up richer by acting as bank customers.

Instead of the governments taking over the banks as in Europe, instead of steering their lending in the public interest, the Treasury is leaving control over to the same guys who have been mismanaging the credit system all along.

Commonwealth Bank's provision of the products will be examined in detail by the Hayne royal commission as early as next week at public hearings which begin in Melbourne on Tuesday, March 13.

The guiding mentality of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as government spending is slashed, public infrastructure privatized and banks bailed out with «taxpayer» burdens that fall mainly on labor.

The government could have used its equity ownership and control of the banks to provide credit and credit card services as the «public option.»

I am proud that he was a Harvard undergraduate during my time on the faculty at Harvard and I think that the Bank of England is fortunate to have someone with his degree of experience in public policy and also experience as a participant directly in financial markets, at the helm at what will be a challenging time for the city of London and England and the global financial system.

Our models include the Bank of North Dakota and public banks in other countries, which have put public money, such as property, income, sales and business taxes, fees and fines, to work for the public good, in cooperation with community banks and credit unions.

Because it does not operate as a retail bank taking in deposits from individuals and businesses, the public bank is not in competition with local community banks.

In addition, cities, states, and taxpayers have concerns about the costs of bonds and borrowing, how to get the best return on banked or invested public money, and an interest in finding innovative ways to fund public spending without surrendering public control, as is often the case with public - private partnerships.

We work with the national Public Banking Institute, and seek to work with other community banking organizations, as well as other community - minded people and groups, in and beyond MassachBanking Institute, and seek to work with other community banking organizations, as well as other community - minded people and groups, in and beyond Massachbanking organizations, as well as other community - minded people and groups, in and beyond Massachusetts.

The Bank made an about - face as it began to force countries to privatize their public domain, including the land.

This differs from quantitative easing as practiced thus far because the central bank acquires no asset from the government that it could resell to the public in the future, unlike the normal Treasury bonds currently held by the Fed.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

Today, it's perched atop global currency markets as Canada wins acclaim for its economic outlook and handling of the public debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the Canadian dollar would be added to its international reserves.