Sentences with phrase «run bank which»

To illustrate, in the short - run, the stock of a poorly run bank which earns a ROE of only 10 % a year bought at 0.5 times book value may outperform the stock of a brilliantly run and highly profitable NBFC (ROE of 25 %) acquired at 2 times book value.

The Russian - Canadian real estate developer was caught up in the federal investigation into Trump's ties to Russia after it was discovered that Shnaider received hundreds of millions of dollars by a Russian state - run bank which may have helped pay for building the Trump Tower in Toronto.

Not exact matches

These restricted credit to some of Russia's state - owned conglomerates and banks, which, in turn, hampered multiple deals, such as Exxon Mobil's Arctic exploration with state - run Rosneft.

«The only way you can make matters worse,» says Ballentine, «is by keeping the business loan and your home mortgage at the same bank, which might impose a «cross-default» mechanism on you — so that both loans automatically go into default if you run into problems with either one of them.»

The first followed the Panic of 1837, which triggered downturns in states that had invested in canals and railroads, or that had insolvent state - run banks (this latter problem is echoed by Puerto Rico, whose Government Development Bank is in deep trouble).

The notice, which calls on local authorities to «create and refine platforms for exposing defaulted borrowers» by the end of the year, was jointly issued by China's Supreme People's Court, the Chinese Communist Party's Publicity Department and the China Banking Regulatory Commission, according to the state - run Xinhua News Agency.

Scotiabank's purchase of a 19.9 % stake in the Bank of Guangzhou, which is run by the Chinese government, for about $ 719 million, has been held up for a year.

While running a little - known lender, Commercial Credit, Weill piled on brokerages (Smith Barney and the retail arm of Drexel Burnham Lambert), investment banks (Salomon Brothers and Shearson Lehman, which he bought back from AmEx), and insurers (Primerica and Travelers, the latter of which names the company ultimately kept).

Slammer, which paralyzed computers running Microsoft SQL Server 2000, temporarily shut down South Korea's telephone system, knocked out thousands of Bank of America automatic - teller machines, and slowed credit - card transactions worldwide.

Last month she was tapped to run Bank of America's brokerage business, which is largely made up of the former Merrill Lynch operations.

Now cross reference this with the assertions in the Bloomberg story about the various American companies, which run the gamut from banks to ISPs and computer hardware / software makers:

In the short run, Goldman and other big banks may be emboldened — which means we will continue to see more of the same.

The decision, which ended an unusually public, months - long search, offers a bit of both worlds, allowing Trump to select a new Fed chief while getting continuity with a Yellen - run central bank that has kept the economy and markets on an even keel.

One rabble - rouser, Arianna Huffington, has concocted a remarkable stunt, which she calls the Move Your Money Project, to rally consumers to transfer their deposits from big banks to small community banks across the U.S. Alas, there's no run yet on Citigroup

That's the transfer of money directly from one bank account to another, which is cheaper but slower than running a customer's credit card.

In contrast to the traditional banking system, which runs wire transfers through the Automated Clearing House, Uphold's value proposition is the ability to send someone money more quickly and more cheaply.

People close to the fundraising process, which is being run by two New York - based banks, said there was no certainty that CVC would strike a deal to invest in Vice.

«Our whole economic system has been co-opted, and it will continue as long as a private bank is running the country, which is the Federal Reserve.»

The bank tried to switch 5 million customers and 1.3 billion records to software run by its Spain - based parent Sabadell from a system operated by Lloyds Banking Group Plc, which spun off TSB three years ago.

Most Canadian banks offer a business account at the $ 20 monthly fee level which might work for you if you run a small retail business.

The agency has toughened mortgage rules and fined big banks for allegedly taking advantage of consumers, but it has run afoul of Republicans who say it has gone too far, contributing to an environment in which consumers are having more difficulty getting mortgages and credit cards.

The biggest contributors to Hensarling are employees and political action committees of banks, securities and investment firms and other financial companies, which have given him about $ 6.9 million since he first ran for Congress in 2002.

Senior Reporter Mark Calvey ran a brief article on Carrick Capital Partners» Axiom investment, which appeared in the banking section...

Dropbox could be the first to go public since it's already meeting with bankers to assess their views, after which Dropbox will choose the banks to run its IPO.

We believe this reflationary phase, which central banks have been trying to achieve with years of ultra-easy monetary policy, has further to run.

The only constraint now is the fact that foreigners and domestic investors have now realized the degree to which that the banking system, Wall Street and the rating agencies are run by men that used to be crooks, but now are euphemized simply as «creative accountants.»

The National Bank have published a very useful and interesting report on the current account deficit, which is now running at about 3 % of GDP.

A sudden stop can occur if at some point China becomes dependent on external debt to fund growth (which isn't the case now, but is worth watching out for) or if credibility collapses and we see a run on the banking system (which is possible, but, in my opinion, still unlikely).

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

He owns and runs Kingdom Holding Company, which has a market cap of $ 18 billion and invests in various business sectors including hotels, media, banking, technology and real estate.

The executives» corner - cutting on compliance adds to the embarrassment and regulatory headaches for Zurich - based Credit Suisse, which has had to pay billions of dollars of fines to U.S. authorities in recent years over a wide range of allegations, including mis - selling of mortgage - backed securities, deficiencies in its anti-money-laundering program, front - running clients on foreign - exchange trades and violating U.S. sanctions by secretly funneling money from Iran through American banks.

Financial Freedom was a division of the Mnuchin - run OneWest Bank, which merged with the CIT Group in 2015.

Family - run food manufacturer Stemmler's Meats & Cheese (PROFIT 500: No. 485) began a major expansion last year at its Heidelberg, Ont., headquarters, which its startup - focused bank refused to back.

He calls these banks an extension of the government's financial inclusion drive, which has led to the opening of 125.4 million new accounts in foreign, state - run and Indian private banks.

A recent Bank of America Merrill Lynch survey found that the Bitcoin traded is one of the most crowded trades on Wall Street, which obviously explains some of its massive run - up.

The Dodd - Frank Act has reintroduced central tenets of the Glass - Steagall Act as well, which had been gradually eroded over the years after originally forbidding commercial banks from running trading operations.

The campaign, which runs from April 20 to May 10, hopes to raise enough funds to secure 5 million meals for Food Banks Canada and its network of more than 550 food bBanks Canada and its network of more than 550 food banksbanks.

On January 25th, 2016 JPMC settled two outstanding disputes with Lehman Brothers Holdings Inc. and certain of its affiliates in which Lehman alleged, inter alia, that JPMC coerced several billion dollars from Lehman on the eve of its bankruptcy, draining Lehman of virtually all liquidity and leading a bank run that ultimately led to Lehman's bankruptcy.

The remark also ran counter the position of Sir Mervyn King, current governor of the Bank of England, which Carney will start heading in July.

It is worth noting, also, that even hard fixes are subject to attack: it just takes a different form — a run on domestic banks which drives up interest rates.

As the exchange rate has continued to rise, the Bank has continued its program of rebuilding reserves which were run down during the period between 1997 — 2001.

Because the entire process is online, peer - to - peer lending companies essentially run credit marketplaces which operate with lower costs than traditional banks or credit companies.

In the UK we've seen Northern Rock crumble, while in the US the investment bank Bear Stearns lived up to its name after jitters led to rumours which led to a run on its assets, ultimately forcing it towards bankruptcy and into the arms of JP Morgan.

Business groups applauded the blocking of the tax, which was angrily criticised by big bank chief executives and the Australian Bankers Association, which has run a lengthy campaign against it since that time.

Wells Fargo has historically had one of the highest return on assets of all major money center banks, which I suspect will bode well for the company over the long run.

Banks that get involved with bad actors, he said, «run the risk of being slapped with very, very large fines, which is a significant financial risk, as well as a reputational one.»

Well guys it is Hell already here on earth endless killings worldwide... Back here where I am Ye is already heading towards that the whole country is on demonstrations demanding resignation of the ruler but he seems unwilling to resign before the end of his ruling period on 2013, while the streets are demanding immediate resignation and that has caused bloodshed in every city in the country... the streets demonstrations has enforced civil strikes all over the country which is now paralyzed... no cash with the banks all money frozen in the central bank... My business is in the field of services therefore I find my self now obliged to dismiss part of my staff in order to be able to survive this unfortunate thing... Already have reduced working hour to one shift to reduce running cost... so you see am now sitting alone in the whole building of our business office writing here as nothing can be done to carry on business even if there is business... Just I pray these unfortunate events passes over soon before it becomes out of control as had happened in Libya... we have nothing to say but (Ina - Lilah - WaIna - Alih - Ragoon) & (Alhmed - Lilah for every thing)... «Mankind has always been Hasty while God has always been the most Patient»...

The average person is surprised to learn that banks lend the same money out multiple times, which is why a run on a bank is inevitably a disaster, as no bank has on hand anything like the sum of what all its depositors have deposited.

My friend in Greentree, SC has a 75 member church, he had a free 3 bedroom parsonage w / utilities, and $ 25,000 a year with access to the food bank which the church ran.

The Trussell Trust, which runs more than 420 food banks, said its study showed how close to crisis many families are living.