Sentences with phrase «run these banks as»

Yet rather than taking this opportunity to run these banks as public utilities and lower their charges for credit - card services — or most important of all, to stop their lending to speculators and gamblers — governments left these banks operating as part of the «casino capitalism» that has become their business plan.

Not exact matches

The 81 - year - old government - run financial institution, known as the Ex-Im Bank, provides much - needed to support to exporters through guaranteed loans and credit insurance, and by its own reckoning, it has returned $ 7 billion to the U.S. Treasury over the last 20 years.

Higher U.S. yields can put pressure on the currencies of emerging market countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.

But having a little bit more money in the bank is not the same as running a great airline and having a great group of people, and having people come up every moment of every day saying you've created the best airline in the world.

While deposits in checking and savings accounts can be volatile, as people might draw their money out all at once (run on the bank), CDs provide much needed funding stability, so banks are willing to pay a little more.

The man now plucked to run the Bank of Japan and revive the long stagnant economy was a career Ministry of Finance bureaucrat at the time exasperated that the central bank had - as he saw it - shirked its duty to end what was then already six years of deflatBank of Japan and revive the long stagnant economy was a career Ministry of Finance bureaucrat at the time exasperated that the central bank had - as he saw it - shirked its duty to end what was then already six years of deflatbank had - as he saw it - shirked its duty to end what was then already six years of deflation.

Despite the fact that Canada's biggest banks have been on a remarkable earnings run since mid-2013 profits in the future aren't expected to be nearly as spectacular.

The chairman of one of Dubai's best - known family - owned conglomerates is not considering investing in European banks again following a disappointing run as a stakeholder of Barclays.

With his first interest rate announcement this week, Poloz's run as central policy maker at the Bank of Canada is officially underway.

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.

Terms like «autocratic» and «one - man army» were used to describe Godsoe and his predecessor, Cedric Ritchie, (Waugh to this day still refers to him as Mr. Ritchie), over the three decades they ran the bank.

Ripple, meanwhile, has had a recent run of success as it persuaded more than 100 banks to use its blockchain tools.

As a result, the banks argue they would be forced to divest themselves of any ownership interests or sponsorships of Canadian mutual funds, lest they risk running afoul of the Volcker rule.

The San Francisco based startup is one of the largest companies known as peer - to - peer lenders and runs a website where consumers can apply for loans that are either funded by individual investors or by institutions such as banks.

Analysts worry that full - scale bank runs in Greece could prompt bank runs across Southern Europe, as investors speculate that Greece won't be the only country to leave the euro.

If they thought otherwise, then we would already see a run on the banks as people took their money out before it was threatened with devaluation by a euro exit.

The former chief strategist to President Donald Trump and former head of Breitbart News said last year during a book interview that he would have preferred Yellen stay on to run the central bank but held his tongue as the president looked elsewhere.

Speaking at the meeting, Goldman Sachs Chairman and Chief Executive Lloyd Blankfein said there has been «no decision» as to the schedule of when he might step back from running the top Wall Street bank, reiterating past remarks.

Although women have historically run behind men in business, they're upbeat about women's future as owners or workers, according to a survey released last week by Bank of America.

Bank of England Governor Mark Carney had surprised many investors on Wednesday as he said the U.K.'s central bank could be required to lift interest rates as the economy came close to running at full capacBank of England Governor Mark Carney had surprised many investors on Wednesday as he said the U.K.'s central bank could be required to lift interest rates as the economy came close to running at full capacbank could be required to lift interest rates as the economy came close to running at full capacity.

«As such, we're embracing the higher regulatory and reporting burden associated with running a bank, as an inevitable consequence of building trust in our branAs such, we're embracing the higher regulatory and reporting burden associated with running a bank, as an inevitable consequence of building trust in our branas an inevitable consequence of building trust in our brand.

According to the 2017 Small Business Owner report from Bank of America, running a business is four times as stressful as raising kids.

Led by firm partner Christopher Banks and associate Lucy Wang, the group discussed a variety of legal business topics as they ran through the season's plot.

«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.»

Citigroup, Deutsche Bank Securities, Goldman Sachs & Co, Barclays, Credit Suisse and JPMorgan are acting as joint book - running managers.

When the financial system comes under stress, a central bank may need to calm financial markets through open market operations or act as the lender of last resort to financial institutions to forestall bank runs.

The result is that instead of running the banking system for the economy, Latvia and other post-Soviet economies are managing their economies to maintain bank solvency — as if the indebted population is really expected to spend the rest of their lives paying off the deep negative equity left in the wake of bad loans.

Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new governments come in and promise to deliver spending cuts, tax increases and balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were running from just a few months ago.

But it regularly did business with China's biggest state - run banks, as well as local and regional banking groups also tied to the state.

A Bloomberg article suggests that cryptocurrency's big breakthrough in the country occurred in 2016, when scammers conducting a long - running Ponzi scheme known as MMM began demanding payment in bitcoin because the government had started targeting their bank accounts.

It is desirable that super funds don't hold all their assets in highly liquid form for the fear that all of its members may withdraw their funds all at once, just as banks don't put all their assets in liquid form for the fear that a bank run might occur.

The bank is running off troubled loans and selling off mortgage servicing rights as it looks to boost its capital measures.

As Nassim Taleb argues in The Black Swan, banks have a tendency of losing as much money as they make in the long run due to shady business practices and high - risk ventureAs Nassim Taleb argues in The Black Swan, banks have a tendency of losing as much money as they make in the long run due to shady business practices and high - risk ventureas much money as they make in the long run due to shady business practices and high - risk ventureas they make in the long run due to shady business practices and high - risk ventures.

Some of these papers focused on companies as customers of the banking system (Bernanke and Gertler 1989); others applied similar ideas to the banks themselves, allowing for the possibility of bank runs (Diamond and Dybvig 1983).

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.

They threatened to downgrade Cleveland's rating, so that it could not roll over the loan balances that it ran as a normal course with the banks.

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.»

He has produced a deep treatise on government debt, served as chairman of a world - spanning regulatory body, run Italy's central bank (while remaining coolly removed from the scandals and fracases of Italian politics) and made a pile of money working at Goldman Sachs — all without being pigeonholed as an academic, regulator or investment banker.

Euromoney has recognized RBC as having the «Best Private Banking Services Overall» in Canada for seven straight years and in the Caribbean for five years running.

In the run - up to the vote, influential and internationally respected publications like the New York Times, the Economist, and the World Economic Forum, as well as figures and organizations including the International Monetary Fund, the World Bank, and former Bank of Canada and current Bank of England Governor Mark Carney, all warned about the disastrous social and economic consequences of a Leave win.

Bitcoin runs as a form of currency that stands independent of traditional banks.

Several managers said that deploying helicopter money had a poor track record and would have little or no credibility with financial markets who would just see it as a sign that central banks had run out of ways to stimulate growth.

This is the same Jamie Dimon who didn't need a cash infusion when Hank Paulson summoned chief executives of the nine largest U.S. banks to the Treasury in October 2008, handed them an agreement to sell shares to the U.S. government and told them to sign it; the same Jamie Dimon who managed to steer JPMorgan through the worst financial crisis since the Great Depression and remain profitable; the same Jamie Dimon whom the government tapped to buy Bear Stearns Cos. to prevent potential fallout from its collapse; the same Jamie Dimon who was held up as amodel for how a bank should be run.

In the U.S., some reflation trades that experienced a post-election run - up as «Trump trades,» such as small caps and bank stocks, have underperformed this year amid waning expectations of a fiscal boost.

I have been critical of the Globe «s business reporting practices in the past (especially its tendency to quote Bank economists as «objective» observers of economic events) but on Saturday, it ran one of the best business pieces I've read in a long time.

A former employee of Shanghai Pudong Development Bank is alleged to have acted as a loan shark and run illegal businesses to the tune of 6.4 billion yuan (HK$ 7.9 billion).

Bank loans can't be as easily turned into cash if a lot of investors want to take their money and run.

China ran huge trade surpluses even before then, when it was the Chinese central bank that exported capital as it accumulated one of history's largest hoards of central bank reserves in its efforts to keep down the value of the renminbi.

Arminio Fraga, who worked under Lemann in the 1980s, later served as central bank chief, and now runs one of the country's largest asset - management firms, is one of a generation of Brazilian entrepreneurs who look up to Lemann.

That probably stems from the fact that the people running the Federal Reserve are primarily servants of the banks, and not the real economy as they claim.