Sentences with phrase «say banks need»

Pay consultants and recruiters say banks need such flexibility because heightened regulatory burdens make positions on bank boards less attractive than in other sectors.
He said banks need to get ahead of the game.

Not exact matches

«To get the true value, you need the network effect,» said Graham Warner, head of global transaction banking product development in the Americas at Deutsche Bank, told Business Insider in 2016.
A bank, in particular, needs to comply with countless regulations and so if she were to take a shortcut in the startup process, said Contreras - Sweet, that would have come back threefold down the road.
He said economic progress had made the bank more confident that higher interest rates would be required over time, although some monetary policy accommodation will still be needed.
Robert Walker, vice-president of ethical funds and ESG Services at NEI Investments, says banks are recognizing the need for fair compensation.
One is the live experience they need of actually being in a working enterprise, whether it's a bank or city government, and two it gives them the credibility of being able to say, «Hey, we've got this installed at the city government and they've got this many taxpayers or employees or traffic.»
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.
John Williams, the influential head of the Federal Reserve Bank of San Francisco, said in August that the Federal Reserve may need to raise its inflation target.
Now, he says, the experiences of the past few years suggest that central banks will need more room to maneuver in future crises.
Also last month, European Central Bank president Mario Draghi said the ECB would expand its stimulus program if needed.
«We need to complete the banking union,» he said, «Completing the banking union means slightly different things for each member of the Eurogroup.
He has said the BOJ needs to double the amount of current account deposits commercial banks placed with it to around 80 trillion yen to build expectations that inflation would rise to 2 percent.
«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.
«In essence, the bank's saying what it has been saying — it needs to see the economy grow a little more quickly, [and] inflation move toward that 2 per cent target before we can look forward to interest rates going up.»
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.
«We need more Canadian companies that go public,» he says, noting Canada's markets have become far too concentrated in resource companies and banks.
They often say they need to «verify» some personal information (typically a bank account or Social Security number) to ensure you get the proper benefits.
Atlanta Federal Reserve Bank President Raphael Bostic said the central bank needs to take a wait - and - see attitude over the impact of the Trump administration's proposed tariBank President Raphael Bostic said the central bank needs to take a wait - and - see attitude over the impact of the Trump administration's proposed taribank needs to take a wait - and - see attitude over the impact of the Trump administration's proposed tariffs.
«We don't need every bank in America or even every bank in Colorado and Washington to suddenly start offering accounts to our businesses,» said Deputy Director Taylor West.
«Meanwhile,» he says, «I'm walking around this place like I own the bank — you need to feel that way when you cold call.
«The need to repay TARP capital is what depresses [community banks»] lending ability,» says Rob Klingler, an attorney for Bryan Cave, a global business litigation firm, in Atlanta.
In his speech Chilton went on to say, «We need to find out specifically — and comprehensively — what banks own relating to physical commodities.
Some banks take the moral high ground and don't back vice businesses, but many banks have an appetite for risk and just need better guidance,» says Brudner.
«I'm not afraid to make hard decisions when it's needed and I have the support of 270,000 people,» he said, referencing the bank's workers.
Canadian CEOs and Finance Minister Jim Flaherty say the same thing about the IMF's proposed global bank tax: Canada doesn't need it.
Deutsche Bank needs to define and defend the core perimeter of the company, James von Moltke said.
«If a bank is too small, it might not be able to meet your needs, and the same holds for a bank that is too big,» he says.
«If a bank's minimum loan is $ 500,000 and you need a $ 50,000 line of credit, don't be surprised when they don't return your calls,» Geshwiler says.
«If the banks need a particular type of skill, they have lots of money to throw at it,» Kholodenko says.
Longtime banking analyst Dick Bove of Rafferty Capital Markets said J.P. Morgan Chase banking executives Gordon Smith and Daniel Pinto should be considered for the top job at Wells Fargo, saying there needed to be new management at the bank in order to fix it.
But he said in a statement on Tuesday that if the agency does push ahead with such a charter, fintech firms would be supervised in line with similar, traditional banks «with appropriate requirements for capital, liquidity, and meeting the financial needs of its customers.»
«There's a feeling you need tons of money and bank financing and all kinds of crapola to start a business,» he says.
David Treat, managing director for Accenture's financial services industry blockchain practice, says in an emailed statement: «As we move into production implementations, bank executives will need a clear roadmap for how and where to rethink their strategies and redesign their operating models, which is why we undertook this unique study.»
Floriani from AXIA Ventures Group said in a note that the political uncertainty seen in the past has also simmered down for now and the banks will manage to go through the stress tests without the need for extra capital.
Banks need to stop rewarding the kind of bad behavior that led to the Wells Fargo fake accounts scandal and other banking misdeeds, New York Fed President William Dudley said Monday.
Bank of Japan governor Haruhiko Kuroda said he is in regular talks with Japanese Prime Minister Shinzo Abe about opening Japan to more immigration and other politically sensitive changes needed to improve potential growth, currently estimated at only around one percent annually.
Poloz said the Bank of Canada would not only need to recalibrate its models, and also reconsider what it thought it knew about the way economies work.
«You need to do the same diligence you would with any kind of financial investment,» says Ken Kirsner of Bank of America, who has helped underwrite more than 200 nonprofit bond issuances around the country.
«The Bank continues to stand ready to take whatever action is needed to achieve its objectives for monetary and financial stability as the UK adjusts to new realities, and moves forward to seize new opportunities, outside the EU,» Carney said.
Analysts said the use of the word «symmetric» suggests that the Fed may allow inflation to run above its 2 percent target, a stance that would limit the need for the central bank to embark on a more aggressive path of monetary tightening in response to recent rises in inflation.
«They need capital for legitimate reasons, and the bank won't lend them money,» says Uster.
That fear has been «mitigated,» Poloz said, giving the central bank greater freedom to cut interest rates, if it feels the need to do so.
«It will reflect poorly on you if you come in to the bank asking for $ 50,000, then they ask you to create a cash - flow projection and you find out that you actually need $ 100,000,» says Adam Hoeksema, co-founder of Muncie, Ind. - based ProjectionHub, a Web app to help entrepreneurs make financial projections.
Most small - business owners need a bank loan at one time or another, and applying for one involves much more than filling out paperwork and saying a prayer.
For the first time since it started «stress - testing» banks in 2014, none of Britain's major lenders would need to raise extra capital, the BoE said.
Lloyds operates in Germany via the Bank of Scotland brand, which it acquired in 2008 as part of the takeover of HBOS and would still likely need to capitalise the new entity in line with regulatory requirements, the sources said.
«I am honored to have the opportunity to lead the Federal Reserve Bank of New York and to represent the diverse needs and economic challenges of all people living and working in the Federal Reserve's Second District and as a member of the Federal Open Market Committee,» Williams said in a statement.
Britain's banks could cope with a «disorderly» Brexit without needing to curb lending or be bailed out by taxpayers, the Bank of England said Tuesday, after an annual health check on lenders.
So he called me and said, «I need you to fax over our financials to my bank» — assuming that it would just increase his credit line, since he had always been such a good customer.»
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