Sentences with phrase «which major financial institutions»

The overnight rate is the interest rate at which major financial institutions borrow and lend one - day (or «overnight») funds among themselves; the Bank sets a target level for that rate.

The overnight rate is the interest rate at which major financial institutions borrow and lend one - day (or «overnight») funds among themselves; the Bank sets a target level for that rate.

Not exact matches

Over a year which has seen large banks halt funding for fossil fuel projects, major institutions divest from oil, gas and coal holdings, and oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.

On Tuesday, CME Group announced that the platform, which includes technology from companies AlphaPoint and BitGo, is being tested by a select few «major financial institutions» and will be available later this year.

She built a high - net - worth portfolio management company, which was sold to a major financial institution.

Santander, which had been testing it internally among its staff, launched the service today, making the Spanish banking giant among the few major financial institutions to go live with the extraordinarily hyped technology.

Since the major financial institutions which comprise the financial system are still way overleveraged and opaque (in fact with record amounts of debt and derivatives at present), such a break in confidence could happen abruptly and without warning.»

At the same time, many of the major banks in Africa have partnered with Chinese financial institutions to serve the growing trade and investment links between Africa and China, which has an appetite for the African continent's bounty of natural resources.

The financial regulatory system operates de facto on a national basis monitoring major financial institutions operating within the national territory, deciding on detailed rules and interpretations governing inter alia the definition of riskiness of assets, the computation of capital, on and off balance sheet items and so on; it also in principle takes a view of the systemic risks which may arise within the national financial system.

The Pan African financial institution, United Bank for Africa (UBA) Plc has said its audited half year financial results which ended June 30, 2017, showing remarkable performance across major metrics.

Also confounding the effort is the collapse of major financial institutions, such as investment bank Lehman Brothers, which had a team of brokers specifically dedicated to trading in such carbon markets, which will have an impact as it may limit the number of financial speculators in RGGI.

The UTC, which specialises in computing, science and engineering, paused pupil recruitment and was forced to join BMAT this academic year after it ran into major financial troubles as a standalone institution.

These cards are issued by major financial institutions like Barclays Bank Delaware which issues the US Airways Premier World MasterCard ®.

Financial guarantee insurance also competes with other forms of credit enhancement, including senior - subordinated structures, credit derivatives, over-collateralization, letters of credit and guarantees (for example, mortgage guarantees where pools of mortgages secure debt service payments) provided by banks and other financial institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded by one or more of the major rating Financial guarantee insurance also competes with other forms of credit enhancement, including senior - subordinated structures, credit derivatives, over-collateralization, letters of credit and guarantees (for example, mortgage guarantees where pools of mortgages secure debt service payments) provided by banks and other financial institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded by one or more of the major rating financial institutions, some of which are governmental agencies or have been assigned the highest credit ratings awarded by one or more of the major rating agencies.

Such disasters have befallen the New York City Opera and Long Island College Hospital, two major New York institutions that collapsed in financial disarray in recent years, and the Crystal Cathedral in California, which filed for bankruptcy protection in 2010 after accusations that its board had imprudently borrowed against the endowment.

«If this bill passes as drafted, major financial institutions would no longer participate in tax equity financing, which is the principal mechanism for monetizing credits,» wrote ACORE Chief Executive Gregory Wetstone in a prepared statement.

Also confounding the effort is the collapse of major financial institutions, such as investment bank Lehman Brothers, which had a team of brokers specifically dedicated to trading in such carbon markets, which will have an impact as it may limit the number of financial speculators in RGGI.

Clients appreciate our extensive expertise and unrivalled client - base in the technology industry, which includes global technology and telecoms companies, major financial institutions and banks, to start - ups and investors.

Financial institutions and major market players met for what became known as the Montreal Accord Agreement, which set out terms and mandated a committee to resolve the gravity of losses.

But large commercial enterprises (in which I include insurers and large professional services organisations, as well as major corporates, banks and other financial institutions) need an effective and cost efficient civil justice system as much as anyone, to provide certainty by the adjudication of legitimate commercial disputes.

a major US financial institution on an internal tax and anti-corruption related investigation in the PRC which included dealing with a number of PRC regulatory bodies and advising on compliance issues

a major US - based financial institution on a pan-Asian anti-corruption compliance project which included risk mitigation under anti-corruption statutes in the PRC, Hong Kong, Singapore, Malaysia and Japan

Represented a financial institution as lead participant in connection with a major bankruptcy in which total secured debt exceeded $ 750 million with multiple lending tiers, including warehouse lines, mezzanine lenders, residual lines of credit, and significant priority disputes in both pre - and post-bankruptcy planning and litigation.

Our team, which includes former in - house counsel at major financial institutions, understands the variety of risk considerations involved in consumer litigation and regulatory enforcement.

The Bitcoin market expanded further as major financial institutions started entering and investing in Bitcoin, leading to the creation of a futures market for Bitcoin, which implies the official integration of Bitcoin into the traditional financial system.

For the most part, the fear from central banks and major financial institutions is understandable; the presence of bitcoin renders the necessity of banks useless because it provides an alternative financial system which users can facilitate payments within a peer - to - peer manner.

The recent fork paved the path for lower processing fees, larger transaction records and faster transaction speeds which has given a major thrust to Bitcoin's demand amongst international financial institutions.

As the cryptocurrency market capitalization hits the $ 300 bln mark, Keiser suggested that major financial institutions will step away from conventional markets which could lead to an economic crash.

He believes it's not too late to invest in Bitcoin as according to him just this year the Bitcoin ecosystem has seen major financial institutions getting involved in Bitcoin which when compared with a couple of years ago, seems unimaginable.

IT Project Manager — Professional Highlights Serve multinational corporations in a variety of technology based strategic planning and administration roles Offer expertise as a consultant, programmer, engineer, business analyst, and database administrator Lead technology projects for NASA, U.S. Customs, American Express, and General Electric Design and implement reporting, customer service, marketing, sales, and financial management software Responsible for network and database design, administration, and security Oversee enterprise - wide hardware and software upgrades resulting in increased efficiency Minimize operational and manpower costs through effective technology solutions Serve as forecast budget analyst for Joint Project Management Operations at Kennedy Space Center Develop reporting application tool using crystal reports engine on CD throughout Kennedy Space Center and Cape Canaveral Air Station resulting in $ 500,000 savings on user licensing fees Create detailed project plan with well - defined tasks, milestones, client sign - offs, test cycles, and specifications which served to communicate project progress to management Develop visual basic application for financial banking Institution using crystal reports to reduce the company's response time resulting in initial reporting from 2 - 3 hours to just 45 seconds Oversee multimillion - dollar software implementation for Miami Air from a consultancy level Upgrade Great Plains software platform and administered security access for Miami internal databases Write over 200 SQL stored procedures from access databases for financial institutions Compose business correspondence and prepared statistical spreadsheet analysis for Kennedy Space Center Recognized by colleagues and superiors for outstanding job performance, reliability, and efficiency Conduct surveys of operations to assess needs and identify high priority improvements Complete major product releases meeting very aggressive schedules and budgets Serve as a member of the International Cyber Threat Task Force Utilize fluencies in English, Portuguese, Arabic, French, and German to communicate with a diverse clientele Continually study emerging technologies and industry best practices Perform all duties with positivity, professionalism, and integrity

Size counts One such financial institution, which in the past four years became a major player in CMBS lending, is New York - based Chase Commercial Mortgage Banking.

Now, major credit card providers American Express, Visa, MasterCard and Discover are requiring financial institutions and retailers to switch to microchipped credit cards, which use encryption technology to protect the card's data.