Sentences with phrase «second largest bank»

Six major South Korean banks including Shinhan Bank, the second largest bank in the country, will officially begin providing local cryptocurrency exchanges with virtual bank accounts.

Bank of America, the country's second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases made with credit card.

ICICI Bank Ltd. is the second largest bank in India and holds 65 % share in the joint venture.

As head of legal for the second largest bank in Germany by asset size, and the central institution for more than 1,000 co-operative banks and their 12,000 branch offices, Nützel touches a range of legal issues that support the bank's cooperative financial network.

This occurred in 2012 when Japan's second largest bank, Sumitomo Mitsui, purchased the company from RBS for over $ 7.3 bn.

This relationship bonus may be available to many drivers since Bank of America is the second largest bank by deposits in the nation.

FirstBank, one of the nation's largest privately held banks and Colorado's second largest bank, is financing a $ 24.3 million loan for DeLo Apartments, LLC.

You've heard of Bank of America before — after all it's the second largest bank in the U.S. based on assets and it is number 7 on Forbes Magazine «s list of the largest companies in the world!

This should be good news for many people; Bank of America is the second largest bank in America, after all!

At CNIO, Wagner's group is funded by Fundación BBVA, the corporate responsibility arm of BBVA, a 150 - year - old global financial institution ranked as Spain's second largest bank.

Sumitomo Mitsui Financial Group, the second largest bank in Japan by market value, listed ADRs on the NYSE on November 1.

The U.S. Patent and Trademark Office awarded the patent to the second largest bank on Tuesday, according to Coin Desk.

It is world's second largest bank in terms of market capitalization.

Canada's housing market is 10 % overvalued, with the biggest risks in condominium overbuilding and uncertainty over how many investors are buying, but the risk of a U.S. - style collapse is low, a top executive at Canada's second largest bank said on Monday.

Despite significant write - downs, the now - second largest bank is relatively strong after buying Bear Stearns and Washington Mutual at firesale prices.

In February, the company announced a partnership with France's second largest banking group, BPCE.

HDFC bank stands second largest banking and financial services in India according to their assets.

Not exact matches

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.

That is a 26 percent premium and marks the second largest U.S. banking acquisition since the financial crisis.

The nation's second - largest teacher's union has ended a promotional program with Wells Fargo, citing the bank's continued ties to the gun industry.

Sitting on the shelf for a year due to financial issues with its production company, this comedy based on the 1997 Loomis Fargo Bank robbery, which at the time was the second - largest cash robbery in US history, is finally hitting screens.

Zhou responded by cutting interest rates and easing restrictions on bank lending, his latest attempt to restore confidence in the world's second - largest economy.

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.

Less than a week after RHB Bank and AMMB Holdings received the regulatory go - head to start merger talks, the country's second largest lender CIMB Group said it sold a 50 percent stake in its stockbroking unit to China Galaxy Securities.

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.

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.

It's the first time an executive at the nation's second - largest bank has publicly laid out how it will deal with gun - industry clients following Feb. 14 shootings at a high school in Parkland, Florida, that left 17 people dead.

Singapore's second largest lender by assets OCBC said Monday its Indonesian subsidiary will start a private banking unit.

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.

The second - largest banking hub in the country is an especially savvy location for financial industry startups.

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.

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

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.

The second - largest American bank is seeking to set up a meeting between CEO Brian Moynihan and U.S. Attorney General Eric Holder in an effort to resolve a possible multibillion settlement over charges that the bank sold faulty mortgage securities, Reuters reports.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.

China has been trying to get its unruly financial sector under control, worried that asset bubbles and its enormous unofficial — or «shadow» — banking system could threaten its economy, the world's second largest after the United States».

Vornado Realty Trust, once the company's second largest shareholder, sold almost half its stake, or 10 million shares, at $ 16.40 per share through Deutsche Bank AG, according to a Bloomberg report on Tuesday that cited people familiar with the matter.

CHARLOTTE, North Carolina (Reuters)- Bank of America Corp (BAC.N) has given up the title of the largest U.S. mortgage servicer, in the latest sign the second - largest U.S. bank is pulling back from the home loan business after its disastrous Countrywide Financial purchBank of America Corp (BAC.N) has given up the title of the largest U.S. mortgage servicer, in the latest sign the second - largest U.S. bank is pulling back from the home loan business after its disastrous Countrywide Financial purchbank is pulling back from the home loan business after its disastrous Countrywide Financial purchase.

Even with the impact of credit and merger - related costs on the Company's EPS, the Company's reported EPS for 2008 was second highest among the largest Peer Group companies (Bank of America, Citigroup, and JPMorgan Chase), and sixth highest when compared to the entire Peer Group.

While Portugal's central bank said Banco Espirito Santo SA, the nation's second - largest lender, is protected after its parent missed debt payments, Moody's Investors Service downgraded a company in the group citing a lack of transparency and links to other companies.

My second point is one I alluded to but wanted to further underscore: just because a bank is not «systemically connected,» i.e., its failure does not threaten the larger financial system, doesn't mean it should be able to engage in excessively risky finance.

After exercising warrants to buy Bank of America (BAC) stock last month, Berkshire Hathaway is now the largest shareholder of BAC and WFC, the second largest shareholder of Bank of New York Mellon (BK), and the fifth largest shareholder of Goldman Sachs (GS).

Previously he served as Chief of Staff to the Governor of Delaware and was an Executive Vice President at MBNA Corporation, the nation's second largest credit card issuer (now part of Bank of America).

A second tool that the Bank outlined in 2009, but has never used, is large - scale asset purchases.

Wells Fargo & Co. remains the second - largest bank in Washington state by deposits, per the FDIC's annual Deposit Market Share Report.

The bank's board also clawed back another $ 75 million in pay from two former executives, CEO John Stumpf and community bank executive Carrie Tolstedt, saying both executives dragged their feet for years regarding problems at the second - largest U.S. bank.

Bank of America Corp., the second - largest bank in the US by total assets, announced that «the greatest bubble in history is popping&raqBank of America Corp., the second - largest bank in the US by total assets, announced that «the greatest bubble in history is popping&raqbank in the US by total assets, announced that «the greatest bubble in history is popping».

Berkshire is also Wells Fargo's (WFC) largest shareholder, making it now the largest shareholder of the second - and third - largest U.S. banks.

And so just like that, Berkshire becomes the largest shareholder in the second - largest bank in the U.S. and will get a $ 336 million annual payment from the dividend alone.