Sentences with phrase «said the bank did»

In a Bloomberg Television interview last month, he said his bank didn't need a bitcoin strategy yet because the digital currency is still just developing and volatile.

Wells Fargo, the country's second - largest issuer of private student loans, said the bank does not accelerate debt repayment on the student customer when the co-signer dies or files bankruptcy.

Speaking at the Council on Foreign Relations in October, Mr. Dimon said the bank did the federal government «a favor» by rescuing the flailing firm in 2008.

Whilst the emergence of fintechs in the payments space has created «healthy competition,» Rojas says banks don't want to be supplanted by fintechs in cross-border payments, and corporates are reluctant to replace their banks with fintechs.

Poloz said the bank does not ignore financial stability issues but suggested it has flexibility to deal with uncertainty..

I also intend to call all the banks in my area to see if they fund this type of loan, i'm not too sure but i i haven't seen anywhere that says banks do.

Not exact matches

A Metropolitan Bank representative said in a statement to Fortune that it «does not accept cryptocurrency - related wire transfers from non-U.S. entities.»

The Prime Minister's Office and the central bank declined to comment, and Finance Minister Bill Morneau said in a statement that he doesn't comment on the central bank's independent policy decisions.

Even if Canada doesn't start dropping payloads of cash itself — something Cooper says he does not foresee in the next three years, at least — the ripple effect of a central bank explicitly targeting higher inflation and adopting formerly verboten measures to get it would be felt on these shores in the form of increased global volatility.

«I don't have a lot of confidence that the Canadian banks wouldn't impose some restrictions on my fund that I'm not interested in having,» he says.

The government did pledge to close some tax loopholes, which could have an affect on high net - worth investors, and it also stated that it wanted more competition in the banking sector — that could reduce financial - related fees, says Sewell — but it's not clear how or even if any of this will happen.

At the opening of the trial in Rome, the U.S. investment bank the other defendants asked a three - judge panel at the Court of Accounts, which rules on abuses of public funds, to reject the case in an acknowledgement that the judges do not have jurisdiction, Marco Fratini, one of the judges, said.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

«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.

JPMorgan's Dimon, for instance, said his bank was exploring the used of blockchain technology, even if he doesn't believe bitcoins are here to stay.

I've never seen the Justice Department do this, other than with Hoffa,» he said, likening Holder to Robert F. Kennedy and suggesting that like the investigations of the infamous Teamsters boss, the bank may not be getting its due process.

(In response to a Fortune inquiry, Coinbase said it does not comment on its banking relationships.)

With Neighbor, you can sit back and get a monthly deposit in your bank account once items are situated, «essentially for doing nothing,» said Woodbury.

We forget that if interest rates were more normal, banks would be doing better,» he said during an interview with CNBC on Tuesday from the Milken Institute's global conference.

«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.

In an interview in March in the Charlotte Observer, Wells CEO Tim Sloan said, «I don't know if banks or credit card companies or any other financial institution should be the arbiter of what an American can buy.»

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.

«Markets are pricing in an 80 - 85 percent chance... I think that's a done deal,» Gorman said, referring to expectations for the central bank's upcoming December meeting.

We forget that if interest rates were more normal, banks would be doing better,» Calamos said.

National Australia Bank is doing things «a little differently» from other banks by taking a big restructuring cost, says David Marshall of CreditSights.

The investor was referring to a 2015 study from Goldman Sachs that showed 63 percent of millennials don't own a credit card and a third said they won't need a bank in five years.

«A lot of small businessmen take it personally if they get turned down for a bank loan,» says Leonard Leff, president of CDS Capital, a finance and factoring company in Lynbrook, N.Y. «They say, «Do I want to get another rejection?»

Figure out what that yes is because it doesn't mean you giving up the keys to your bank and say take all our money.

Ian Sexsmith, portfolio manager at Parnassus Investments, says banks» prices don't reflect the potential impact of more consumer lending and lower default rates in a strong economy — a mismatch that's creating some enticing bargains.

People say, «Maybe the bank knows something we don't, and they've done enough analysis that this is going to be really negative.»

«A central bank that relies on a model that does not take rising integration (of the global economy) into account when it should do so will tend to react too gradually and perhaps insufficiently to external shocks,» Poloz said.

When asked when central banks will take cryptocurrencies seriously, he said: «We don't have to, in the sense that we don't have responsibility or even instruments that point to particular prices of particular assets, that is certainly not the role of central banks.»

To combat this, many banks and credit unions offer «switch kits» to help speed the process along, but you'll still have a fair amount of legwork to do before you can say goodbye to your old bank.

«Across Lloyds Bank, Bank of Scotland, Halifax and MBNA, we do not accept credit card transactions involving the purchase of cryptocurrencies,» Lloyds Banking Group said in a statement.

But saying you'll leave your bank over higher fees and actually doing it are two different things.

Industries including banking, healthcare and auto manufacturing «see themselves on the cusp of a new era of deregulation, and they do not want to do anything that would offend the new emperor,» said Cornelius Hurley, director of Boston University's Center for Finance, Law & Policy.

And, think about it, if I'm a star employee or a superstar volunteer or business owner — whatever it is I'm so great at — if I get to socially share what real people said about me in a recommendation, what is that going to do to my bank account?

«We want to hear now about what's the plan, what the new management plan (s) to do, other changes to the strategy, what will happen to investment banking,» Hirt said.

«Retail clients, who don't fully understand these products should be protected from going into these products, because if there is a retail client affected in the future, the question will be again who was the bank that sold them these products and then banks will be blamed again for what has happened,» Weber said in reference to some banks being criticized for selling complicated financial products prior to the global financial crisis without explaining them in full.

«We feel the excitement over «Abenomics» is now priced in, and the Bank of Japan has yet again shown it will do nothing dramatic to end deflation,» he said.

«In this new role, David will assess emerging trends, technologies, electronic platforms, and potential partnerships — inside and outside the bank — that could transform the way we, and our clients, do business,» the memo said.

The bank also said the adjustments do not affect the statements in a «significant» way.

If you can't get a bank loan, ask your boss if you can finance the purchase out of profits on a schedule that doesn't pinch the company's cash flow, says Joseph Fulvio, a management consultant for startups and emerging businesses.

«The bank can't do its job well unless the market does its job well,» Poloz said in Drummondville.

«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.

Except the central bank didn't quite say any of that.

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.

Wheeler said the bank would do what was necessary to get inflation back in the target range and left the door wide open for additional stimulus.

«The guidelines may give some a little bit of confidence, but I don't think it will give them enough to bank these folks,» Pishue said.

You do that through winning customers,» says Elaine Buxton, president of Raleigh, North Carolina - based Confero, a mystery shopping and customer satisfaction service provider for automotive, banking, restaurant and real estate businesses.