Sentences with phrase «says banking reform»

In the event of a hung parliament, Clegg says banking reform will be one of the main Lib Dem conditions for supporting another party.

Not exact matches

Trump has indicated that corporate tax rates could be cut from 35 percent to 15 percent and his Treasury Secretary nominee, Steven Mnuchin, has suggested tax reforms remain a top priority, the bank said.

While the BoJ has argued that central bank asset purchases would not work in the absence of structural reforms, strategists said that high government debt levels will constrain fiscal expansion.

«This should be coupled with maintaining the fiscal adjustment to reduce the level of budget deficit, reforming the banking system, especially banks who are facing difficulties, and allow the private sector to grow,» Azour said.

While she doesn't endorse breaking up the banks, she says she is for toughing up financial reform.

China's domestic market reforms are already responding to U.S. concerns about trade flows, says Vishnu Varathan of Mizuho Bank.

With tax reform, the S&P 500 should close next year at 2,850, a healthy 10.4 percent gain from Monday's close, the Wall Street investment banking giant said in a look ahead released Tuesday.

The latest measures to reform India's public sector banks are merely «fine tuning» of some internal processes, said an analyst at Moody's.

China will steadily reform and further open its financial sector while putting «equal emphasis» on preventing financial risks through regulation and supervision, the new central bank governor said.

Dimon, though, said there is a lot to get done, and he's not pushing the President - elect toward banking reform or any one priority.

John Waldron, the co-head of Goldman Sachs investment bank division, said at the annual Milken Institute Global Conference that U.S. tax reform was a...

Even an intensifying of the ongoing euro - area financial crisis, which could occur, the bank says, because there are signs Europeans are becoming weary of austerity and reforms.

Tarullo, who is the Fed's point man on bank regulation reform, said the Fed was considering capital requirements that could amount to between 20 percent to more than 100 percent over the Basel III requirements.

They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens» crushing debt - but gave no hint of concessions from the Greek side towards its creditors» demands for deep spending cuts and far - reaching reforms of pensions and labour markets.

Scott Morris, a former U.S. Treasury official who led U.S. engagement with the multilateral development banks during the first Obama administration, said Washington was paying the price for delay on IMF reform.

Europe needs a stronger banking union, including a cross-Continental guarantor of deposits; structural reforms to improve growth prospects; more monetary easing; and better plans for budget - cutting in the countries struggling to convince global investors of their financial stability, the fund said.

«The global economy continues to do well, and we remain optimistic about the positive impact of tax reform in the U.S. as business sentiment remains upbeat, and consumers benefit from job and wage growth,» Dimon said in the bank's earnings release.

«««By voting to roll back the CFPB's work, senators have emboldened banks and finance companies to engage in racial discrimination by charging millions of people of color more for a car loan than is justified,» said Rion Dennis of Americans for Financial Reform, an advocacy group.

«A new U.S. rule aimed at restoring consumers» ability to band together to sue financial companies has survived its first challenge, as a top banking regulator on Monday said he would not petition for it to be suspended... «The rule is a well thought - out response to the serious consumer harm of forced arbitration,» said Brian Marshall, policy counsel for advocacy group Americans for Financial Reform.»

The Dodd - Frank Wall Street Reform Act — designed to help prevent another financial crisis, has not discouraged banks from lending — as many critics of the regulations contend, said Steven Eisman, the strategist portrayed by Steve Carell in «The Big Short.»

Quick to say they found the root - cause of the crisis — a banking system thats massive financial leverage and global interconnectedness created profound systemic risks to our modern economy — they swiftly passed Dodd Frank, a comprehensive regulatory reform package dressed up as the antidote to our sick financial system.

«If it's not done this year and there's no clear path that you could take to the bank of (tax reform) being done early next year, then you move on... and we'll adapt our strategy accordingly,» Read said separately in an interview with Reuters.

«We can not tolerate pervasive and persistent misconduct at any bank and the consumers harmed by Wells Fargo expect that robust and comprehensive reforms will be put in place to make certain that the abuses do not occur again,» Janet Yellen said in a statement.

Reform advocates say economic growth rates will plunge, undermining the ruling party's claim to power, if industries from energy to telecoms to banking that are controlled by state companies are not opened to competition.

They say what they feel they must say to get our support when they want our support, but on so many issues - on modernising our politics, on the recall of MPs, on controlling our borders on less government, on bank reform, on cutting public debt, on an EU referendum - they never actually make it happen.»

Right now, there isn't the funding but if we were able to tie international tax reform, tax all that money that the companies have overseas and put that in an infrastructure bank, there could be a trillion dollars of infrastructure funding and you could get the kind of funding we need for high - speed rail,» he said.

The TU says the retirements of Assemblymen Bob Reilly, Jack McEneny and Rob Canestrari gives voters a rare opportunity and «bank slate» to elect lawmakers who might be more reform - minded.

He said the decision to cap the overall cost of credit, by amending the banking reform bill currently working its way through parliament, would help hardworking people and form a part of the broader strategy of «fixing the banks».

Angela Knight, chief executive of the British Banking Association, said earlier this week that «now is not the time» for reforms.

Ms Knight said Britain faced a «very difficult autumn» which would only be made worse by news of long - term reform of the banking sector.

The banks must not use the reform of the banking sector as an excuse to increase the cost of borrowing once the Independent Commission on Banking (ICB) has laid out its recommendations, says the Federation of Small Businessesbanking sector as an excuse to increase the cost of borrowing once the Independent Commission on Banking (ICB) has laid out its recommendations, says the Federation of Small BusinessesBanking (ICB) has laid out its recommendations, says the Federation of Small Businesses (FSB).

[67] In January 2014 Miliband extended the concept of reform to include the «big five» banks, in addition to the «big six» utility companies, and discussed the impact of the cost - of - living on the «squeezed middle» saying «the current cost - of - living crisis is not just about people on tax credits, zero - hour contracts and the minimum wage.

George Wiafe on the sidelines of the IMF / World Bank spring meetings in Washington DC, Mr. Ofori - Atta said these tough measures and reforms would have to be implemented even if the country was not under a fund program.

Other sustainability and development programs that have been initiated or reformed over the last six years under Governor Cuomo include: · Cleaner, Greener Regional Sustainability Plans · Regional Economic Development Councils · Land Bank Act to convert vacant properties · Legislation to combat zombie properties · Complete Streets design initiative · Upstate Revitalization Initiative · Hudson Valley Farmland Preservation and Southern Tier Agricultural Industry Enhancement Programs · Clean Energy Communities · Brownfield Redevelopment Reform · Historic Preservation Tax Credit · Climate Smart Communities Grants · Community Risk and Resiliency Act Elaine Kamarck, Founding Director of the Center for Effective Public Management at the Brookings Institution and Author of Why Presidents Fail and How They Can Succeed Again said, «Whenever I get a chance to come home I'm always impressed at the rapid progress being made here in the Finger Lakes.

The FDIC, Quinn said, has the power to intervene and hold the bank responsible for the poor conditions thanks to legislation passed in last summer's Wall Street reform bill.

If elected, Gordon says some of his main priorities would be assisting veterans, getting rid of red tape for small businesses and reforming the current banking system.

The NG7 Food Bank opened 30 months ago in response to «punitive welfare reforms and further draconian immigration policy» which it says have deeply affected already vulnerable groups of people.

AfDB also said that the bank had also released one of its staff to support the government in its power sector reforms programme for 12 months on September 19, 2016

The Labour leader, who said Britain needed a more responsible capitalism in his party conference speech last autumn, revealed details of his party's agenda for reforming the banking sector.

He said Britain's big banks were at the «very centre» of the financial crisis and needed urgent reform.

From immigration to banking reform to taxes to sexual harassment, many in the party say it does not have a unified message to spread around the country.

The ICB report was commissioned by the Government to honour a pledge in the Conservative Party General Election Manifesto in which it said it would «reform the regulation and structure of the banking system».

Glen Oaks resident Bob Friedrich said he is banking on an anti-incumbent wave and a platform of reforming Albany in his Democratic primary election battle with state Assemblyman David Weprin (D - Little Neck).

Lord Oakeshott, TV's favourite Liberal Democrat peer and widely seen as the person who says publicly what Vince Cable can not, is claiming today's banking reforms as a «triumph» for the Liberal Democrats:

• Clegg has said that the government's planned banking reforms could be introduced «well before» 2019.

Foreign Office minister Chris Bryant said he was concerned that a lot of gay and lesbian voters would «bank» the reforms brought in by Labour, such as civil partnerships and a lower age of consent, and vote Conservative.

If Yandik draws a distinction from his opponent, it's that he says he's more concerned with district - level issues, while he sees Teachout more involved in national issues like bank reform and campaign finance.

In December 2011, the Bank of England published a paper arguing for reform, saying that the current International monetary system has performed poorly compared to the Bretton Woods system.

«Over the four years of the Inquiry's operations, we have seen reform of the global financial system gather pace as banks, investors and regulators realize they must step up — not just to protect people and the planet, but their bottom lines,» said Erik Solheim, head of U.N. Environment, in a statement.

He says the bank's backing for economic reforms in developing countries, which tends to favour cash crops over local subsistence, makes that a worrying prospect.