Sentences with phrase «recent banking crisis»

The recent banking crisis has shown how the financial markets can totally misjudge both the risks and values inherent in company balance sheets.

The recent banking crisis brought further changes, when Labour chancellor Alistair Darling cut the rate to 15 % from December 2008 in an attempt to boost consumer spending.

Not exact matches

The selection of the new BOJ leadership comes at a crucial time for Japanese and global markets, which have been rattled in recent weeks on expectations major central banks will whittle down their crisis - mode stimulus.

The Fed's operations in the recent crisis have been loans to banks and other financial institutions and purchases of financial assets, not helicopter drops of cash into households» accounts.

Emotions typically range from frustration, to a sliver of pride that none of our banks failed during the recent financial crisis.

How much wealthy Americans contribute to their wonky economy, deeply shaken by the 2008 - 2009 financial crisis has become a salient topic in recent years, as failing banks, home foreclosures, and a shrinking middle class have dominated headlines while the super-rich get super richer.

Vlieghe was addressing questions regarding recent comments from the Bank of England's chief economist Andy Haldane likening the failure of economists to predict the 2008 financial crisis to Michael Fish's weather forecast on the eve of the Great Storm of 1987.

Flaherty argues there is no need for an emergency fund in Canada, where there were no taxpayer - funded bank bailouts during the recent financial crisis.

After all the fear, sadness, anger, guilt and recrimination brought on by the recent banking and housing crises, it is clear that emotional understanding is an integral part of financial planning.

Most agree that banks need to have more cash, or capital, available to ensure they do not default on their obligations when the value of their other assets plunge, as happened during the recent mortgage crisis.

The most recent addition to the dynamic is a wave of press releases from bank economists calling for immediate fiscal stimulus to address the «crisis.»

So reflecting my own recent journey in getting my head around this area, I thought today I would have a look back at how the Bank's work on financial stability has evolved over the past 20 years and particularly since the financial crisis.

Modern banks, even prior to the recent crisis, have generally had to keep somewhat higher reserve ratios than their pre-1845 Scottish counterparts, mainly owing to the fact, mentioned above, that they must stock their cash machines and tills with base money, instead of being able to do so using their own circulating banknotes.

Now, according to a recent report in the Wall Street Journal, the U.S. Department of Justice believes that Deutsche Bank owes American taxpayers $ 14 billion for selling toxic mortgage backed securities that helped to collapse the U.S. housing market during the financial crisis.

In recent issues of The McAlvany Intelligence Advisor I've covered the U.S. government's ongoing «War on Cash»... how our government is trying to take over the Internet with the latest push for «net neutrality»... the risks and advantages of digital currency like bitcoin... how U.S. banks are preparing for «bail - ins» during the next financial crisis... how the U.S. government is using Common Core to indoctrinate children so they'll submit to the coming socialist society... and much, much more.

As we know, the materialisation of some of the risks that had built up in the financial system, followed by a financial crisis, deep recessions and slow recoveries, has meant that much more has been demanded of central banks in recent years, especially those in the major jurisdictions.

He noted that the People's Bank of China operates as a mechanism of the central government, allowing it to tackle recent issues even more creatively than the U.S. Fed did under Ben Bernanke during the financial crisis.

However, now China's total bank debt stands at $ 25 trillion ($ 11 trillion more than in 2008), with many U.S. economists (52 % in a recent survey) concerned that China will experience a debt crisis within the next few years.

Adding to the concerns are other economic problems including a high unemployment rate of over 25 %, the recent demise of the country's VBS Mutual Bank amid a «severe liquidity crisis,» as well as the highest rate of economic crime (77 %) in the world, according to PwC's biennial Global Economic Crime Survey.

A recent study from megabank HSBC noted that, based on the ratios of bank credit to GDP for the region, «leverage is now higher than at the peak before the Asian crisis in 1997.»

Now, Lazio's ties to Wall Street and his congressional votes to deregulate the nation's banking system - a bill that critics say helped lead to the nation's recent financial crisis - are an issue in his battle for the GOP gubernatorial nomination against Suffolk County Executive Steve Levy and Buffalo developer Carl Paladino.

Professor Foster explains that the recent decisions made by banking institutions during the Greek crisis went on for many hours through the night, with the resulting outcomes being made by people who almost certainly lacked sufficient sleep resulting in decisions being made when their skills were impaired.

Rick is a predatory realtor who has made out like a bandit by taking advantage of bank foreclosures in the aftermath of the most recent financial crisis.

Margin Call, which is written and directed by JC Chandor, is a top notch economic thriller that revolves around the key people at an investment bank during the 24 - hour period before the recent financial crisis.

Featuring an all - star cast including Kevin Spacey, Demi Moore, Stanley Tucci, Paul Bettany, Zachary Quinto, Jeremy Irons, and Penn Badgley, the film revolves around the key people at an investment bank during the 24 - hour period before the recent financial crisis.

Too often in debates regarding the recent financial crisis, the event was regarded as a surprise that no one could have anticipated, conveniently forgetting those who pointed out sloppy banking, lending and borrowing practices in advance of the crisis.

Those were the warnings — from the recent financial crisis we had Bear Stearns, the failures in short - term lending (SIVs, auction rate preferreds, ABCP, etc.), Bank of America, Citigroup, credit problems at subprime lenders, etc..

As for the U.S. financial system - particularly major banks - I am continually perplexed by the juxtaposition of tens of millions of underwater mortgages and millions of delinquent and unforeclosed homes, coupled with a set of FASB accounting rules (revised at the height of the recent crisis) that allows these debts to be carried at face value upon the discretion of the banks that report the data.

The recent trend toward mergers and consolidation of the banking industry (accelerated by the 2006 - 07 mortgage crisis) caused the total number of bank teller jobs in the U.S. to fall 11.2 % between 2008 and 2012, from 600,500 to 545,300.

During the most recent financial crises, the Fed changed the reserve requirements for member banks, and in so doing, increased the availability of funds.

This happened during the recent housing crisis in the U.S. where people handed their keys to the bank.

Although banks» C&I loan portfolios have recovered strongly in recent years following the financial crisis, small business loan portfolio growth remains elusive.

In this issue, we address the economic costs of deflation, the evolution of investment after the financial crisis, the role of debt in the recent drop in oil prices, how financial inclusion affects central bank policy, and market liquidity.

Of course, the recent economical crisis has caused a lot of the major banks to pull this particular option.

Traded during the great Internet dot come era, when stocks would go up 5 - 14 points a day, eBay, QCOM, and TASR was a favorite, and also traded the Dot.com crash where all the over bloated stocks sank quickly, and the recent housing bubble and market meltdown with the banking crisis, I remember CFC sank from the mid 30's to the single digits.

The Fed certainly played an important psychological role in recent years, and certainly has a role to play during bank runs and other crises where the demand for monetary base soars.

This book takes on every major systemic crisis from the Tulip Bubble to the recent Housing / Banking crisis.

In addition, the recent economic crisis has sparked a more conservative atmosphere as banks raise their standards before issuing credit cards, and consumers feel an aversion to paying for everyday needs with credit.

Ultimately, Posner also predicts that the recent failures of the financial regulatory system (beginning with Enron and Worldcom, and continuing through the banking / mortgage crisis) may lead to wholesale reorganization, with the possible abolition of the SEC.

Barclays has faced intense public scrutiny in recent years: from the Serious Fraud Office's investigation into the bank's # 12bn fundraising at the height of the financial crisis, which resulted in criminal charges against the bank and former executives relating to a # 2.3 bn loan Barclays provided to Qatar, a multibillion - dollar legal battle with the US Department of Justice over allegedly - fraudulent mortgages and a New York currency trading probe that ended in a $ 150m settlement.

From recent regulatory enforcement priorities such as insider trading, high - frequency trading, financial crisis investigations, the Foreign Corrupt Practices Act (FCPA), Bank Secrecy Act / AML violations, accounting fraud, and hedge fund collapses to some of the most significant matters over the last decade, such as auction rate securities, market timing, RMBS, LIBOR, FX, late trading, IPO allocation, and Wall Street research, our securities enforcement and white collar defense lawyers have been at the center of every major initiative affecting the financial services sector.

Members have over recent years advised and represented a wide range of private clients and central and local government bodies on a number of high profile state aid cases including cases arising out of the banking crisis, challenges to public funding of broadcasters, and public support for major infrastructure projects.

During the recent economic crisis, banks accelerated their purchasing of BOLI as it was the single most secure investment they could make.

The situation is reminiscent of the S&L banking crisis in the late 1980s and the more recent subprime housing mortgage debacle in a couple of ways, notes Paul.

«In the face of significant industry developments such as the recent credit crisis, industry consolidation and price competition, many banks and non-bank lenders are starting to seriously evaluate the economics involved in pursuing the mortgage brokerage channel.