Sentences with phrase «said the bank as»

One of the charges read, «Innoson Nigeria Limited, Dr. Innocent Chukwuma and Charles Chukwuma between 2009 and July 2011, in Lagos within the jurisdiction of this honourable court with intent to defraud, induced the (members of) staff of Mitsui O.S.K. Lines Limited, Apapa, Lagos and Maersk Line Limited to deliver to you through your clearing agents, containers or motorcycle spare parts moulds of plastic parts and steel structures and raw materials called polyvinchlorid, property of Guaranty Trust Bank Plc imported into Nigeria from China in the name of the said bank as the consignee by falsely pretending that you were authorised by GTB to clear the goods and took delivery of same.

Not exact matches

Debt levels for the average Canadian household are moving down (perhaps we've been taking those warnings from the Bank of Canada to heart), and as a result there's been «modest» growth in consumer spending, said Ferley.

It could be especially painful for banks, such as Synovus Financial Corp., with large exposure to real estate and commercial loans, Morgan Stanley said.

YELLOWKNIFE, Northwest Territories, May 1 (Reuters)- Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dBank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dbank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that debt.

TORONTO, May 1 - The Canadian dollar fell to a four - week low against its U.S. counterpart on Tuesday before paring its decline, as Bank of Canada Governor Stephen Poloz said the outlook for the domestic economy is good despite the overhang of high household debt.

The U.S. market could become too hot as tax cuts and more government spending stoke an already strong economy, says Sim Moh Siong of the Bank of Singapore.

«Economic data suggest that global economic conditions have strengthened, as the Bank anticipated,» the Bank of Canada said.

«Provided the Fed conveys a steady - as - she - goes approach and it isn't seen to be back tracking - and there is no reason from the data why it should - the dollar should be consolidating and pushing on from this level,» said Bank of New York Mellon senior currency strategist Neil Mellor.

«Policy divergence is expected to remain a prominent theme,» Canadian policy makers said in their December 2 statement, new language that read as a reminder to currency traders that the Bank of Canada sets policy independent of the Fed.

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dBank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that dbank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that debt.

As former Bank of England governor Mervyn King once said, «A successful central bank should be boring.&raBank of England governor Mervyn King once said, «A successful central bank should be boring.&rabank should be boring.»

The Financial Post recently cited unnamed sources saying the board is considering appointing Barbara Stymiest, former COO at Royal Bank of Canada, as an independent chair to replace the duo.

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.

YELLOWKNIFE, Northwest Territories, May 1 - Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rBank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates rbank can manage the risk of that debt even as interest rates rise.

However, about 10 banks have improved their hedging products, adding more derivative products, such as forex call spread options, interest rate swaps and cross currency swaps, he said.

An Iranian newspaper says the country's Central Bank has officially banned the use of cryptocurrencies in financial transactions in order to «prevent crimes such as money laundering and terrorism.»

MUMBAI, April 19 - India's Tata Consultancy Services Ltd expects a rebound in spending by its key banking, financial services and insurance clients this financial year, it said on Monday, as it posted its biggest - ever profit, helped by deal wins.

Monetary tightening across the emerging markets is partly to blame, says the bank, as central banks try to keep inflation under control.

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

«It seemed as if Bank of Canada policy was solely aimed at bringing the Toronto housing market into control,» Porter says.

I think today it's as the U.S. and China goes, so goes Canada,» says Lindsay Gordon, president of HSBC Bank Canada.

As well as its decision on upstream oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising from investment projects it finances in «key emissions - producing sectors» from 201As well as its decision on upstream oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising from investment projects it finances in «key emissions - producing sectors» from 201as its decision on upstream oil and gas, the World Bank Group said on Tuesday that it would, among other things, report the greenhouse gas emissions arising from investment projects it finances in «key emissions - producing sectors» from 2018.

However, the broader economic story of the first half unfolded roughly as the Bank of Canada said it would.

Stanford says Morneau and the Bank of Canada should use the mandate review to «put everything on the table,» and take a hard look at adopting a completely different target, such as job creation or «sustainable growth» instead of inflation.

The Movement said that the Bank für Kirche und Caritas eG — which translates as Bank for the Church and Caritas — was one of the first Catholic banks to turn its back on fossil fuels.

«When this becomes ubiquitous, just like ATMs, like telephone banking, we will treat this as an everyday part of our lives,» Roberts said from Toronto.

«As a Catholic Church bank, we feel strongly responsible to participate in tackling the issue of climate change,» Tommy Piemonte, the bank's sustainability research officer, said in a statement.

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

«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.

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.

The Bank of England said to expect very little economic growth this year and next as business investment craters.

Reuters said the fall came as the bank recorded costs associated with restructuring.

Swiss National Bank Chairman Thomas Jordan said in September that he sees bitcoin as more of an investment than a currency.

«I began to pray for the people in Texas after having gone through that same experience myself as a Katrina survivor,» said Crystal Harris, who works for the Second Harvest Food Bank, which was taking donations for storm victims.

One line of thinking now is that the central bank may opt to combine the two programs and buy longer - dated bonds more aggressively, then set as its new target the total balance of bond holdings or the size of its balance sheet, the sources said.

«As a result of these cyber attacks these banks are having difficulties with client services and carrying out banking operations,» the central bank said in a statement.

Furthermore, the bank also said that the unemployment rate in the U.K. is projected to go up slightly to 5 percent in the near term as labor demand softens.

The Bank of England (BOE) said Thursday that U.K. inflation should now overshoot its 2 percent target as early as late 2017 and would also be lower than previously expected.

«Sarah's taking advantage of a unique confluence of events, building the relationships that start - ups today need to grow as fast as they can,» says Kevin Armitage, senior vice-president at FAC / Equities, the investment - banking division of First Albany Corp., which has worked with Gerdes during the past few years.

«There was some speculation that there was some buying coming from Russian investors, but more than these reports, as a bank, we have not seen much in terms of flows,» Riccardo Orcel said.

Fed Chair Janet Yellen said last month that the U.S. central bank was getting closer to raising interest rates, possibly as early as September, saying that the Fed sees the economy as close to meeting its goals of maximum employment and stable prices.

«The bank does not intervene [with the dollar], except in exceptional circumstances, such as if there were signs of a serious near - term market breakdown or if extreme currency movements seriously threatened [the economy],» he said.

He also said that the Bank of Japan doesn't realize that the odds are stacked against them because whenever there's a problem in emerging markets, the yen is seen as a safe haven, which causes it to strengthen.

«The goal is to find an established business with a good growth plan,» such as an acquisition, or the development of a new product, says Dan Gardenswartz, principal of Sage Group LLC, a Los Angeles - based investment bank.

In Birnbaum's case, he was quoted as saying his West Bank plant was «a pain in the ass.»

Reserve Bank of Australia Governor Philip Lowe said this month that the fascination with cryptocurrencies «feels more like speculative mania than it has to do with their use» as a form of payment.

What's more, just as many people have learned about the dispute over the West Bank, and they will be thinking about it, which is a good thing, Gibbs says.

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.»

«As usual when these union airlines fail, such as Monarch, Air Berlin and Alitalia in recent months, their pilots all come to Ryanair seeking jobs that pay up to $ 175,000 p.a., deliver a double bank holiday weekend every week, with the best promotions record and, the best job security in Europe,» O'Leary saiAs usual when these union airlines fail, such as Monarch, Air Berlin and Alitalia in recent months, their pilots all come to Ryanair seeking jobs that pay up to $ 175,000 p.a., deliver a double bank holiday weekend every week, with the best promotions record and, the best job security in Europe,» O'Leary saias Monarch, Air Berlin and Alitalia in recent months, their pilots all come to Ryanair seeking jobs that pay up to $ 175,000 p.a., deliver a double bank holiday weekend every week, with the best promotions record and, the best job security in Europe,» O'Leary said.

«The markets at the moment really want to see a rate hike by the central bank, as a sign that it is still a credible institution; that it's taking its inflation targeting somewhat seriously and that it is prepared to stand up to government pressure,» Capital Economics senior emerging markets economist William Jackson said.