Sentences with phrase «second banks of»

The only governmental or quasi-governmental notes were those issued by the short - lived first and second Banks of the United States (whose shares were 80 % in private hands) and by state - government - owned commercial banks in a few frontier states.

~ Andrew Jackson, 1767 - 1845, 7th US President, when forcing the closure of the Second Bank of the US in 1836 by revoking its charter.

In the kitchen, mount a second bank of cabinets above existing cabinets, or use the space to stash seldom - used oversize items.

Not exact matches

Banks may see modest gains next year, but the insurance sector, which is a big beneficiary of rising interest rates, could see solid growth for a second year in a row, he says.

According to The Future of Business survey conducted by Facebook in collaboration with the World Bank and the Organization for Economic Cooperation and Development, 42 percent of businesses polled said that learning from one other is one of the main ways they figure out how to run a business in a mobile - first economy — second only to Googling it.

Bank of America (bac) and Goldman Sachs (gs) became the latest banks to report better - than - expected profits for the second quarter, despite mixed fortunes in their underlying businesses.

Berkshire is now the largest shareholder in the second - and third - largest U.S. banks, with stakes of roughly 6.6 % in Bank of America and 10 % in Wells Fargo & Co (wfcnp), according to Reuters data.

However, the Bank is projecting a return to growth in the second half of 2015, led by the non-energy sectors of the economy: «Outside the energy - producing regions, consumer confidence remains high and labour markets continue to improve.

As the second week of big bank earnings kicks off one technician warns the group could be on the verge of a collapse.

The Bank of Canada couldn't ignore an annual growth rate of 4.5 percent in the second quarter, which was much faster than expected: «That's kind of what data dependent looks like,» Lane said, repeating Governor Stephen Poloz's mantra that the newest information will guide policy.

Duvvuri Subbarao, former governor at the Reserve Bank of India, speaks about how a potential trade war will impact the world's second most populous nation.

Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-OPEC producers is likely to set the stage for an oil price recovery in the second half of this year.

Gross domestic product contracted at an annual rate of 0.5 % in the second quarter and 0.8 % in the first, which is exactly what the Bank of Canada predicted in July when it dropped its policy rate by a quarter point.

That suggests the central bank will leave the borrowing costs unchanged on Sept. 9, especially since the U.S. economy expanded at an annual rate of 3.7 % in the second quarter.

Solomon became second in command at the Wall Street giant last month, taking on the role of sole president and chief operating officer after Harvey Schwartz retired from the bank.

In Santa Clara, California, employees organized a canned food drive for Second Harvest Food Bank of San Mateo and Santa Clara counties.

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.

The negative view of Russia from the U.S. is being fueled by an internal political struggle in Washington and needs to be resolved, according to the CEO and president of Russia's second - largest bank.

The Swedish crown hit a six - day high after the country's central bank said it saw an interest rate hike coming in the second half of the year, but the currency quickly gave up those gains.

In the second quarter of this year, the FDIC identified 732 «problem» banks which are at risk of failing.

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.

Today, amidst a boom that made Ripple the world's second most valuable cryptocurrency after bitcoin, that option contract is worth at least $ 12 billion and the two sides are locked in a bitter court fight that could shape the future of global banking.

The parent company of Banco Espirito Santo, Portugal's second - largest bank, missed debt payments to «a few clients,» according to a Bloomberg report, and markets are freaking out.

His performance Wednesday revealed his willingness to bite the hand that feeds, ridiculing representatives of Wall Street's biggest banks who tried to pinpoint how he'd live up to his promises to build more Model 3 sedans and generate cash in the second half of the year.

Local company FIRM Construction has won a $ 15.1 million contract for work on the second stage of Joseph Banks Secondary College in Banksia Grove.

The Federal Reserve approved Wednesday the capital return plans of all 34 banks it reviewed in the second part of an annual stress test.

Many experts now believe the central bank will likely wait until the second half of the year before raising the rate again.

Bank of America is in second, with $ 1.4 billion in fees, and Citi raked in $ 1.2 million to place third.

Buffett's move could be imminent after the Bank of America passed the second round of the annual bank stress tests Wednesday, allowing the firm to raise its dividends up to 48 cents per share annuaBank of America passed the second round of the annual bank stress tests Wednesday, allowing the firm to raise its dividends up to 48 cents per share annuabank stress tests Wednesday, allowing the firm to raise its dividends up to 48 cents per share annually.

The world's second - largest economy has been struggling with a slumping property market, capital drains that are affecting banks» lending capacity and fears of impending deflation.

Second, rates aren't just low; we have been enjoying unprecedented clarity from the Bank of Canada, and now from the Federal Reserve as well, that there is only a negligible chance that administered interest rates will rise at least before the year is out, and possibly into 2014.

While the bank has recently said that its plan to merge the two units remains on track for the second quarter, it has also pledged to achieve annual cost synergies of 900 million euros by the end 2020, to a large extent by cutting the workforce.

But its retail and business banking segment reported net income of $ 546 million for the second quarter, down $ 26 million or five per cent year over year.

A new report says the growth rate of lending at smaller banks surpassed that of their larger peers in the second quarter.

During the pilot, a standard question was asked of all applicants and then a second question was randomly chosen from a bank of some 25 queries.

That's according to Wells Fargo Bank, which along with Gallup polled 600 small business owners in the first week of April, for the bank's second - quarter small business surBank, which along with Gallup polled 600 small business owners in the first week of April, for the bank's second - quarter small business surbank's second - quarter small business survey.

The cooperative bank is an alliance of credit unions, or caisses, based mainly in Quebec, and tied for second overall with Norinchukin Bank of Jabank is an alliance of credit unions, or caisses, based mainly in Quebec, and tied for second overall with Norinchukin Bank of JaBank of Japan.

The slowing of China's growth and manufacturing sector during the past year has hit investor sentiment towards the world's second - largest economy, causing volatility in its capital flows, putting pressure on its yuan currency and forcing the central bank to intervene in currency markets.

And for the first time since the final quarter of 2011, China's debt - to - GDP ratio didn't increase and stayed unchanged at 255.9 percent in the second quarter this year, latest data by the Bank for International Settlements showed.

Senior debt principal and interest - usually in the form of a bank loan - is paid off first while the subordinated debt principal and interest is paid off second.

Out of the 23 banks surveyed, BMO's ranking in the Midwest plummeted from a top 10 spot in 2012 to second - last.

Fed Chairman Jerome Powell appeared Thursday before the Senate Banking Committee in the second part of his semiannual remarks to Congress.

Analyst Cameron Doerksen of National Bank Financial said Transat's forecast for $ 1.5 million in earnings before interest, taxes, depreciation and amoritization in the second quarter is down from the $ 16 million anticipated by analysts.

Bank of America Merrill Lynch does a second downgrade of Facebook because of its handling of users» data.

China said it will merge its banking and insurance regulators, in a long - awaited move to streamline and tighten oversight of the financial system in the world's second - biggest economy.

The bank also has a tiered system with Gradifi: $ 100 / month ($ 1,200 per year) in the first year of employment; up to $ 150 / month ($ 1,800 per year) in the second year; up to $ 200 / month ($ 2,400 per year) in the third year up until the loans are paid off.

A 30 - second spot released by Sanders» presidential campaign Friday, titled «$ 200,000,» blasts «Wall Street banks» that «shower Washington politicians with campaign contributions and speaking fees» of «over $ 200,000 an hour.»

First is weak domestic demand, the high rate of unemployment and weak household income growth... The second is Italy's poor international competitiveness and the third is the banking sector, burdened with a high rate of non-performing loans.»

Over the years their second line of financing was a loan from a bank or the Small Business Administration.

He thinks the Bank of Canada's prediction of a sharp rebound in economic growth over the second half of 2016 is too optimistic.