Sentences with phrase «rules as big banks»

If smaller banks don't have to play by the same rules as big banks, we face a race to the bottom in lending standards.

Not exact matches

In previous instances, big companies have sided with banks on derivatives rules, fearful that changes would make trading more expensive for them as counterparties.

However, analysts say the impact of stricter rules surrounding uninsured mortgages as of Jan. 1 and tumultuous NAFTA negotiations will weigh on the Big Five banks.

As Shahien Nasiripour and Tom Braithwaite recount in the Financial Times, this has created some bizarre political marriages, such as that between Louisiana Republican Senator David Vitter and Ohio Democrat Sherrod Brown, who are pushing for a bill that imposes rules so stringent on the big banks it would likely force them to break themselves uAs Shahien Nasiripour and Tom Braithwaite recount in the Financial Times, this has created some bizarre political marriages, such as that between Louisiana Republican Senator David Vitter and Ohio Democrat Sherrod Brown, who are pushing for a bill that imposes rules so stringent on the big banks it would likely force them to break themselves uas that between Louisiana Republican Senator David Vitter and Ohio Democrat Sherrod Brown, who are pushing for a bill that imposes rules so stringent on the big banks it would likely force them to break themselves up.

What began as an attempt by community bankers to get a free pass from the qualified - mortgage rules imposed by the Dodd - Frank Act has expanded to include the biggest banks.

In the US, the Volcker Rule has caused banks to shut down their proprietary trading desks, while provisions of the Dodd - Frank Act are causing big FX banks to stop making markets in currencies and to act simply as agents for their customers.

This week, President Obama travels to Wall Street, where he'll demand — in light of the Street's continuing antics since the bailout, as well as its role in watering down the Volcker rule — that the Glass - Steagall Act be resurrected and big banks be broken up.

As a general rule, borrowers that need loans with balances consistently larger than $ 2 million are too big for about 80 % of the banks in the U.S. Surprisingly, only about 6 % of the banks in the U.S. are larger than $ 1 billion in size and have the capital base to concentrate on middle - and lower - middle - market businesses.

Now, governments aren't allowed to step in and bail them out, and I think that wounding down a big bank is absolutely politically toxic for any leader so faced with that choice, most leaders would just break the rules and completely undermine the banking union and that in itself could spark off bank runs as well.

There is a sense that the fundamental fairness that is a critical part of the American social compact has been lost, and I think that as attorney general, I would work not just to see that everybody plays by the rules but to restore public confidence in big banks, insurance companies.

You can also transfer money to and from any bank account in Canada (there are a few rules regarding the transferring money out of registered accounts, nothing major), again a big plus as there is no need to change banks to transfer money.

Under the new rules non-bank lenders will likely have to turn away sizeable portion of mortgage seekers, leaving the big banks as their only option.

As the Indian population eagerly awaits the government to announce its regulation rules related to cryptoccurrencies, big - shot banks have already started moving the anti-crypto way by halting the purchase of crypto made using their credit cards.

As the Indian population eagerly awaits the government to announce its regulation rules related to cryptoccurrencies, big - shot banks have already started...

As of Nov. 30, Canada's banks — big and small — have been subjected to new rules impacting the insurance of their bulk mortgage portfolios.

The House hearing came six months after the Federal Reserve Board and the U.S. Treasury published a proposed rule that would define real estate brokerage and management as financial activities and thus permissible lines of business for big national banks.

In the meantime, some banks are directing the escrow and title business to their in - house companies earning that income as well, and the escrow and title companies that are following the rules lose big time.