Sentences with phrase «standard banking institutions»

Portfolio lenders can be used as a substitute for standard banking institutions by someone who is in need of a mortgage loan.

Not exact matches

Financial institutions including the Royal Bank of Scotland and insurance giant Standard Life have announced plans to transfer some operations south of the border to ensure they remain part of British tax and currency systems.

It's just that many banks are not able to properly scale their resources to include all deserving borrowers, even if small - business owners do meet the stringent standards set by lenders,» says James Walter, founder and CEO of BBC Easy, a provider of automated loan management software for financial institutions.

The bank argues that it should not be subject to the same standards as a «truly complex, systemically important trillion - dollar financial institution.»

But its strategy of questioning the IAAB's standards has drawn criticism from some observers, who say the administration should have been more accepting of the new bank or offered alternatives within the existing institutions.

And by the standards of other institutions in Washington and central banks the Fed is highly respected.

The government spending that Mr. Bernanke has endorsed is pure bailouts to the banks, insurance companies, real estate packagers and other Wall Street institutions so that they can support asset prices and thereby save the economy's financial balance sheet, not its employment and living standards.

Making cross-border payments faster, cheaper, and reliable will bring major benefits to consumers, businesses, banks and governments, while also introducing a standard protocol for how every institution and individual connects across various networks to exchange data.

As with standard savings, you can find online - only banks offering much better interest rates on money market accounts compared to brick - and - mortar institutions.

Key steps along this path include completion of the transition to full implementation of Basel III, including new liquidity requirements; enhanced prudential standards for systemically important firms, including risk - based capital requirements, a leverage ratio, and tighter prudential buffers for firms heavily reliant on short - term wholesale funding; expansion of the regulatory umbrella to incorporate all systemically important firms; the institution of an effective, cross-border resolution regime for systemically important financial institutions; and consideration of regulations, such as minimum margin requirements for securities financing transactions, to limit leverage in sectors beyond the banking sector and SIFIs.

«The hallmark of his career is the bill that put some really tough standards into financial institutions — banks, security firms, insurance — to make sure that what happened a few years ago doesn't happen again, and I think that's how he'll best be remembered,» the senator replied.

«Our continued rise in the league of the world's biggest banks is made possible by the passion and unwavering commitment of every member of staff, the management and the board to building a solid financial institution reputable for innovation, integrity, good corporate governance standards, and excellence in service delivery.»

As an institution known to lack transparent and democratic standards, a World Bank presence in the climate meetings will undermine trust and dismantle cooperation.

Your bank, credit union or other financial institution may still enroll you automatically in their standard overdraft practices for these types of transactions.

While larger institutions feature a plethora of products, most banks offer standard services.

As with standard savings, you can find online - only banks offering much better interest rates on money market accounts compared to brick - and - mortar institutions.

Standard commission pricing at Scotia iTRADE ($ 24.99 + per trade) is almost 2.5 x higher than at peer bank - owned brokerage institutions and almost 5x higher in some cases than firms such as Questrade.

There is strong evidence that the riskiest, worst performing mortgages were funded through the «shadow banking system» and that competition from the shadow banking system may have pressured more traditional institutions to lower their own underwriting standards and originate riskier loans.

One reason they can respond so quickly is due to the proprietary qualification criteria used instead of the standard credit score — and another is that someone is available 24/7 to evaluate applications, unlike a standard bank or other financial institution.

Maggie Angulo Levine has over 26 years of banking experience in the international and domestic markets, a career which has spanned positions at several institutions, including Standard Chartered Bank, with several multifaceted roles, in which she balanced client and corporation needs, as well as assessment and implementation of risk management guidelines.

It also struck us as unusual that Mr. Flaherty, stated in a public interview that the Superintendent of Financial Institutions, Julie Dickson, had told him that the Canadian banks were not following their underwriting standards.

Well B - Lenders are banks or other financial institutions that offer mortgage products outside the standard guidelines of TDS GDS ratios & credit qualifications.

This is standard, as most institutions will not allow you to transfer balances between two cards issued by the same bank.

The single biggest advantage of taking a private personal loan is that the lending standards tend to be lower because the lender is not a formal banking institution.

A few final notes: 1) the standard of broadly matching asset and liability cash flows should be applied to all regulated financial institutions, including investment banks.

If your credit history is not up to the standard of banks or other lending institutions, you can still get the cash you need because many cash advance companies won't even check your credit history.

Advisors partner with more affluent clients that prefer overall financial advice rather than the standard, apparent and dismal approach of mass marketing by the big banks and large financial institutions.

This is standard, as most institutions will not allow you to transfer balances between two cards issued by the same bank.

In a statement issued Sunday, the Malaysian Palm Oil NGO Coalition (MPONGOC) urged Malaysian banks, palm oil associations, and other government - backed institutions to commit to «improving social and environmental standards in the palm oil industry».

In order to join the international community and make this announcement something civil society can embrace, KfW must follow the steps of other major institutions — like the European Investment Bank and the U.S. Export - Import Bank — and announce an Emissions Performance Standard (EPS) that restricts the carbon intensity of power plant investments.

Over the years, we have represented many leading companies and institutions, such as Anshan Iron and Steel Corporation, AT&T, Bank of America, Bank of China, Caterpillar, China International Finance Corporation, China Pacific Insurance Company, Citibank, General Electric, Goldman Sachs, Hitachi, HSBC, KFC, Lucent Technologies, Marubeni, Merrill Lynch, Morgan Stanley, Motorola, New York Life, People's Insurance Company of China (PICC), PetroChina, Sina.com, Standard Chartered Bank, Time Warner, Wal - Mart and many others.

Kevin has extensive experience in financial transactions and has represented financial institutions both locally and internationally including Barclays, FirstRand, Standard Bank, Investec, Citigroup, Nedbank, Absa, JP Morgan Chase, Bank of America Merrill Lynch, Goldman Sachs, Deutsche Bank and others.

With customers such as fat, succulent lawyers, accountants, tax advisers, big corporates and institutions, it should be just a question of knowing or finding out what they want, delivering it to the optimum quality standard and banking the cash.

Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition by Bain Capital, R25, 5 billion Advised The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National Roads Agency Limited in respect of the Gauteng Freeway Improvement Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open road tolling system, R44 billion Advised Absa Bank Limited (acting though its Absa Capital division), FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Limited (as issuer) on the establishment of its South African Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial institutions, entrepreneurs and Government

He advises foreign and domestic G - SIBs, U.S. regional banks and other financial institutions on a wide range of financial regulatory matters, including resolution planning, the Volcker Rule, the Bank Holding Company Act, enhanced prudential standards, regulatory reporting and applications, regulatory enforcement actions and financial regulatory reform.

CENTRE makes further use of the token standard, however, as node operators - whether they be an app operator, a bank or another financial institution - could issue their own ERC - 20 tokens tied to a particular fiat currency to send between other parties on the CENTRE network.

The list of entities using RippleNet includes numerous financial institutions, including SBI Remit, UniCredit, Axis Bank, SEB, UBS, Credit Agricole, Westpac, Santander, Standard Chartered, BMO, RBC, and the Bank of Tokyo - Mitsubishi UFJ.

The thing is, Ripple is already a revenue - producing company with over 100 financial institutions on its blockchain network including BBVA, Banco Santander, Westpac, and Standard Chartered Bank.

Considering the rising trend of blockchain utilisation in the financial sector, the Stanford blockchain conference is expected to play an important role in setting the standards for blockchain protocols and distributed systems developed by banks and financial institutions internationally.

I am motivated to meet and exceed the production standards of any upwardly mobil and progressive bank or lending institution.

Banks and financial institutions are paralyzed: Regulators are simultaneously directing lenders to reduce risk (i.e., tighten underwriting) and to loosen standards.

For its part, the Office of the Superintendent of Financial Institutions (OSFI) released new guidance on mortgage underwriting and mortgage insurance that implemented enhanced global standards.24 In December, OSFI announced that it would issue for public consultation proposed rules for how much capital the banks and mortgage insurers must hold against vulnerable insured mortgages.

The biggest differentiating factor is that there are no «standards» that the seller has to hold themselves to like a bank or other lending institution typically would.