Sentences with phrase «said bank chief»

«Pipeline approval delays have imposed clear, demonstrable and substantial economic costs on the Canadian economy,» said bank chief economist Jean - Francois Perrault in a report Tuesday.

Not exact matches

MANILA, Philippines — The Asian Development Bank's chief says trade in Asia, growing at a fast clip since 2017, could be disrupted if disputes escalate.

The Asian Development Bank's chief says trade in Asia, growing at a fast clip since 2017, could be disrupted if disputes escalate.

«We do not see an imminent turning point in commodity prices and thus forecast further negative repercussions on the Canadian economy next year,» Sebastien Lavoie, assistant chief economist at Laurentian Bank Securities in Montreal, said in an analysis of the Bank of Canada's latest policy statement.

TSB Chief Executive Officer Paul Pester said he had worked for 48 hours to fix the problem but that the bank had to take down both the mobile app and online banking again on Tuesday.

«Our other outstanding CEOs, Mary Erdoes (50), Asset and Wealth Management, and Doug Petno (52), Commercial Bank, along with our Chief Financial Officer, Marianne Lake (48), took on expanded roles last year and have played progressively more significant roles partnering across the firm in helping manage the company,» Dimon said in a statement.

«The first piece of advice is just don't panic,» says John Chambers, chief executive officer of FirstEnergy Capital Corp., a Calgary - based investment banking service provider that focuses on energy.

Commonwealth Bank of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his waBank of Australia chief executive Ian Narev has admitted the bank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his wabank «made mistakes» in failing to report money laundering but defended his leadership, saying he is «motivated» to help restore trust and that problems identified by Australia's financial transactions regulator don't reflect cultural shortcomings under his watch.

There could also be opportunities for manufacturers, for whom transportation is often a major cost, says Derek Burleton, deputy chief economist at TD Bank Group.

«We happen to think the Bank of Canada may not manage to pull off quite as many as the Fed,» says Eric Lascelles, chief economist at RBC Global Asset Management.

«It's definitely good for wages,» said Joseph LaVorgna, chief U.S. economist at Deutsche Bank.

Second, the major banks are sitting on a large pile of deposits, so they have little incentive to boost rates to attract more savings, said Greg McBride, chief financial analyst at Bankrate.com.

«This is certainly a setback for Beijing,» said Jack Ablin, chief investment officer, BMO Private Bank in Chicago.

The bank said Thursday that Victor Dodig, 49, will take over the helm at CIBC, Canada's fifth - largest bank, on Sept. 15, when chief executive Gerry McCaughey retires.

Julie Dickson, superintendent of Canada's chief banking regulator (the Office of the Superintendent of Financial Institutions, or OSFI), said in a recent speech that although most banks already have real estate underwriting policies, «we had noticed cases where board approved policies were not being followed.»

Australia's central bank chief added his voice to growing criticism of Bitcoin, saying the cryptocurrency that's soared above $ 17,000 is more likely to appeal to criminals than consumers.

Kevin Pilgrim, chief information officer, said customers have been quick to adopt it, which has been good for the bank.

Holger Schmieding, chief economist at Berenberg Bank in London, said that «whether or not (the Portuguese slowdown) was related to the rising political risk... it does provide a stark warning: if leftist parties form a new government in Lisbon, as they are trying to do, they would have very little room for maneuver.»

Testimony to Congress next week by Fed chief Jerome Powell will set the tone on interest rate expectations, says Manpreet Gill of Standard Chartered Private Bank.

Technological developments are having an impact on banking, even though the finance sector won't be revolutionized by automation just yet, the chief executive officer of Morgan Stanley said on Thursday.

«What we noticed in January was that stocks and bond yields wanted to run through their year - end targets» to start off 2018, said John Augustine, chief investment officer at Huntington Private Bank.

One of the chief gripes of the banks» opponents is that it assists the exporting activities of very large companies such as Boeing, Caterpillar, and General Electric, which they say puts smaller companies at a disadvantage.

«It could cause increased concerns about the magnitude of the [region's] problem,» says Craig Alexander, chief economist at TD Bank.

Paul Ciana, global chief FICC technical strategist at Bank of America Merrill Lynch, says the market's «headed right in the eye of the storm,» and there are two charts to watch that could signal some dark clouds ahead.

«Assuming that the US adopts a new corporate tax rate of about 25 %, with most of the rest of the code left the same, we expect S&P earnings per share of $ 130 - 140 in 2017 and $ 140 - 150 in 2018,» said David Bianco, Deutsche Bank's chief investment strategist for the Americas.

Santander's takeover of banking peer Banco Popular is reminiscent of Lloyds» and HBOS in 2009, says the chief of a top U.K. fund manager.

«The value of the Canadian dollar went up too much, too fast over the last few weeks,» Luc Vallée, chief strategist at Laurentian Bank Securities, said on July 17, when the exchange rate was around 78 U.S. cents.

Richard Lumb, Accenture's group chief executive for financial services, says in an emailed statement: «Through this first - of - its - kind analysis of real - world cost data we draw a clearer line under blockchain's value to investment banks.

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.

But Morgan Stanley decided that these units would not earn enough anyway, relative to the amount of capital the bank would have to put toward maintaining them under new rules, Chief Financial Officer Ruth Porat said on a conference call with analysts on Thursday.

Wells Fargo executives said each of the bank's 12 director nominees received more than about 89 percent support from investors and about 92 percent of shares were cast in favor of the pay of Chief Executive Tim Sloan and other leaders.

«There is fantastic quality of living in the Nordic areas, there are many parameters stacking up to why you want to work, so we are very competitive,» said Christian Clausen, chief executive of Nordea, the region's biggest bank.

Craig Alexander, TD Bank's senior vice-president and chief economist, says that while things are bad, they likely won't get much worse.

Credit Suisse Chief Executive Officer Tidjane Thiam on Monday said that it was «hard to understand» why investors are suing the bank over a complex financial product.

He also said the chief technology officers at all the major Canadian banks are working in conjunction with the Bank of Canada and the federal banking regulator on cybersecurity.

China's new central bank chief Yi Gang said on Thursday that Beijing was keen to work with international organisations, commercial lenders, and financial centers like Hong Kong and London to diversify funding sources for the plan.

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.

TD Bank chief executive Ed Clark, who headed Canada Trust Financial Services when it was sold to Toronto - Dominion in 2000, said Crawford helped many people with their careers in good times and bad.

«We had an element of luck,» says Drummond, who went on to become chief economist of TD Bank Financial Group.

«The banks went from demanding 20 % equity for a full - service hotel to 40 %,» says Tony Capuano, Marriott's global chief development officer.

IAC chief Barry Diller staunchly defended JPMorgan Chase's efforts to put its legal woes behind it, saying Tuesday the bank has handled itself «quite well» in the face of relentless pressure.

Warren Buffett, chairman and chief executive of conglomerate Berkshire Hathaway, said Monday he would be more likely to buy than to sell IBM shares over the next two years, and that he did not seek to profit from global central bank actions.

«S&P 500 price - to - earnings is demanding excluding mega-caps and likely dependent on interest rates staying low versus history,» says David Bianco, chief U.S. equity strategist at Deutsche Bank.

JPMorgan (JPM) said on Thursday that the base salaries also remained unchanged at $ 750,000 for other operating committee members, except Daniel Pinto, the London - based chief of corporate and investment banking.

«I'm not sure we're heading for a long bear market,» said Allan von Mehren, the chief analyst at Danske Bank A / S in Copenhagen, told Bloomberg.

«The organization was somewhat exhausted and enormously frustrated,» says Rubis, the Alberta - based bank's chief people officer.

«To me, that's virtually impossible,» said Jean - Francois Perrault, chief economist at Bank of Nova Scotia in Toronto and a former finance department official.

«So if you believe Fed Chief Janet Yellen can no longer afford to be patient with low rates, you want to be buying the banks, and sure enough, that group had a nice move today, which one again kept the market from totally rolling over,» Cramer said.

«The working assumption of every central bank is more governments would favor more growth and looser policy,» said Doug Porter, chief economist at Bank of Montrbank is more governments would favor more growth and looser policy,» said Doug Porter, chief economist at Bank of MontrBank of Montreal.

«The Canadian economy is doing well, and it's recovered from the recession,» says Craig Alexander, chief economist at TD Bank Financial.