Sentences with phrase «which bank issues»

This regulation is interpreted differently by different card issuers, so your results may vary depending on how long you've held a card and which bank issues it.

Pay special attention to which bank issues each card.

Depending on which bank issues the check and the amount, your funds may be available the next business day, or up to five business days after your initial deposit.

The Eastern Caribbean dollar, which the bank issues, is pegged to the US dollar and is backed by substantial foreign currency reserves.

However, the following are some benefits offered by MasterCard, World MasterCard and World Elite MasterCard, regardless of which bank issued your credit card.

Not exact matches

Under this hypothetical policy, governments transfer money directly to taxpayers to encourage spending, a handout funded by issuing bonds with a coupon of zero and no maturity date, which central banks buy.

Those federal rules, which double down on restrictions adopted in 2014 and stern warnings to lenders issued by OSFI earlier this summer, require banks to qualify borrowers at higher interest rates, impose additional limits on mortgages for buyers with small down payments, and compel financial institutions to share the risk by taking out insurance policies on low - ratio mortgages.

In the lending world, the players at the upper end of the market include the banks and monoline firms, such as First National Financial, which issue mortgages but do not take deposits.

Spotify's direct listing differed from a standard initial public offering in that the company only sold existing shares instead of issuing new ones and had minimal contact with investment banks, which typically underwrite IPOs.

A nationwide assortment of state cybersecurity regulations «raises the issue of whether such regulations violate the U.S. Constitution's «dormant» Commerce Clause, which restricts states» ability to discriminate against or unduly burden interstate commerce,» write Matthew A. Schwartz and Corey Omer for the Clearing House, a banking and payments trade group.

NEI withdrew its resolutions after the banks agreed to commission an independent study on the issue, the results of which were published in December.

So while there are certainly arguments to be made in favor of a rules - based Fed over the pure discretion of the current PhD standard, such reform should not be viewed as a solution to the real issue, which is a central bank having a monopoly on money at all.

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.

Since 2007, Canada's largest banks have enthusiastically issued something called covered bonds, which are backed by residential mortgages.

Her current job, after all, affords her a platform from which she wields considerable influence in a global conversation on the world's most pressing issues — from rising income inequality to banking reforms to climate change.

In an interview following the speech, Campbell said the NDP has «clearly articulated» their policy on issues like credit card rates, but the CBA, which represents 52 banks, is «quite serious» about forging a working relationship with Layton and his caucus.

Whereas default risk is a natural disincentive to loose lending, from the banks» perspective, the risk of issuing mortgages is minimal, which helps to explain why they're willing to loan money at such low margins.

The notice, which calls on local authorities to «create and refine platforms for exposing defaulted borrowers» by the end of the year, was jointly issued by China's Supreme People's Court, the Chinese Communist Party's Publicity Department and the China Banking Regulatory Commission, according to the state - run Xinhua News Agency.

Last year, the bank launched a predictive recommendation engine to identify those clients which should issue or sell equity.

Yet interest, fees, credit limits and benefit specifics do vary somewhat by card brand, and, in the case of MasterCard and Visa, by issuing bank — which means business owners need to do their homework.

Also last year, the Congressional Budget Office issued a report suggesting the bank may cost taxpayers money after all, using the fair - value accounting method, which accounts for market risks of the loans the agency makes.

Not only isn't there anywhere near enough bank capital in the US to supplant securitization, it is difficult to conceive that the universe of «rates» buyers will become mortgage credit buyers or move over to covered bonds (which default to the issuing bank's credit ratings), at least not at the same price levels and in the same size.

The bank already has paid a $ 100 million CFPB penalty to settle the fake accounts issue, in which employees opened some 3.5 million accounts for customers without their knowledge.

The bank has been struggling to shake off issues with its reputation after several years of scandal, the most recent of which centered on allegations of unlawful whistleblower mistreatment in early 2017.

So there's that, and the worry would be that future issues with any European bank could be resolved in an as - yet - unknown way with respect to which bondholders take losses and which don't.

There are three main factors affecting the attractiveness of European banks, according to analysts: They are late in the cycle compared to U.S. banks, they have yet to deal with legacy issues from the crisis, and the ECB is still in a state of accommodative policy, which limits banks» returns.

Bank of America Merrill Lynch's Carlos Capistran and Ethan Harris say the decision to withdraw from NAFTA wouldn't solve Trump's issues with the deal, which include the US trade deficit with other countries and the loss of manufacturing jobs.

«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»

It felt free to issue such an advisory, the central bank said, in part because it was less worried about those record levels of consumer debt and the housing market, both of which economists have said appear to be moderating.

That's according to a big note by Morgan Stanley out to clients Wednesday titled «Bitcoin Critics Grab the Mic,» in which the bank examined three issues facing the crypto.

It is controlled by the monopoly supplier of reserves to the banking system (the central bank) and the Treasury which dictates the average outstanding maturity of the liabilities it issues.

I sat on a committee of Liberal backbenchers when the whole bank merger issue arose and when the banks themselves, the CEOs of the banks, wanted to expand into the U.S. and merge with a lot of the American banks, which would have caused us the same kind of turmoil that befell the Americans.

NEW YORK — The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased substantially by $ 226 billion (a 1.8 % increase) to $ 12.58 trillion during the fourth quarter of 2016.

Another thing that complicates the issue of which is the best bank for small business is that some banks offer small business banking packages that bundle banking services.

At some point in 2018, Bank Indonesia (the country's central bank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.&raBank Indonesia (the country's central bank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.&rabank) will reportedly trial a state - issued cryptocurrency, which is being referred to by Indonesian media sources as the «digital rupiah.»

Instead, Bair and Paulson worked out a deal in which the F.D.I.C. guaranteed only new debt issued by the bank - holding companies.

But on this issue and others, Republican lawmakers face counterpressures from conservative antigovernment groups including Heritage Action, Club for Growth and Charles and David Koch's Americans for Prosperity, which want to kill the Ex-Im Bank and are ready to finance campaigns against unsupportive Republicans.

(Most bank and credit card account contracts include arbitration clauses, which limit your recourse if you have a legal issue with the company.)

The researchers calculate that the rational response to a reduction of a percentage point in the rate at which banks themselves can raise funds is to boost the credit limits of the 37 % of cards issued to those with the highest credit ratings by $ 2,203 each.

This raises a number of issues which are the object of vigorous debate at present among monetary authorities world - wide: issues such the appropriate objectives for a central bank and the desirable degree of independence.

An issue which deserves some serious attention is the way that both Canadian and international banks execute their anti-money laundering and anti-terrorist financing regulations.

That's one outcome outlined by a new report published by the Bank of International Settlement (BIS) focusing on the impact of distributed financial technology, a follow up to the BIS's last report, which looked into issues with the correspondent banking system.

The Korean central bank recently released a joint research report titled, «Present Status and Key Issues of Distributed Ledger Technology, which «comprehensively reviewed and introduced the recent development of distributed ledger technology and the utilization on financial sector.

I fear that parts of the central bank community have become blinded by the science and the technique, and that there has been excess allocation of intellectual resources to this pursuit (which perhaps could have better been focused on financial stability issues).

NEW YORK — The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt increased by $ 114 billion (0.9 %) to $ 12.84 trillion in the second quarter of 2017.

In recent years, banks and other financial companies in China issued a tidal wave of new loans and other credit products, many of which will not be paid back in full.

Citi, JPMorgan and Bank of America will later this year roll out an online platform that will streamline the way in which companies issue bonds and help investors to compare credits.

Despite the rumors for a centralized digital currency, China's central bank governor Zhou Xiaochuan said that the country, which still does not recognize Bitcoin as a legitimate payment method, is not in a hurry to issue its own digital currency.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

The settlement would resolve multipleinvestigations into claims that JPMorgan misrepresented the quality of mortgage securities, many of them issued by Bear Stearns and Washington Mutual, which the bank acquired during the crisis; manipulated Libor, the benchmark used to set interest rates worldwide; and hired the children of Chinese politicians to win lucrative banking business.