Sentences with phrase «year for the banking sector»

The boards of National Australia Bank and ANZ Banking Group will meet on Wednesday, ahead of their AGMs this Thursday, which will draw the curtain on a dramatic year for the banking sector.

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.

About 90 percent of North Korea's trade is with China, and Chinese junket operators are well equipped to use the formal banking sector and informal financial networks created by the Chinese traders and small businessmen who've crisscrossed the world for 1,000 years, says Andrew Klebanow, a senior partner at Global Market Advisors LLC in Las Vegas.

If the majority of private sector economists are correct, the Bank of Canada will raise interest rates on July 12 for the first time in nearly seven years.

He's on trial before a special court reserved for members of government and faces two years in prison if found guilty of failing to reduce the size of the banking sector.

After graduating, he spent the first 14 years of his career working toward that goal, rising to head of research at the Bank of Canada, before leaving for a short tenure in the private sector.

The central bank has cut interest rates for more than a year and flooded the state - owned sector with almost $ 1 trillion of credit in the first quarter.

Five years after the financial industry's 2008 meltdown, Dickson's office enjoys a sterling reputation for its prudent and aggressive regulation of a banking sector that swanned through the financial crisis with hardly a scratch.

Bank chiefs» average pay in the US and Europe leapt 36 percent last year to $ 9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.

For 30 years, Zen Piotrowski implemented IT projects in an impressive range of industries: healthcare, insurance, banking, financial services, retail, manufacturing, and public sector accounts.

«The energy sector posted stronger returns in September due to a rebound in oil prices which helped lift Canadian equities, while the bond market slipped into negative territory after strong Canadian economic growth led the Bank of Canada to raise interest rates for the first time in seven years,» said James Rausch, Head of Client Coverage, Canada, RBC Investor & Treasury Services.

LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.

«Every economist that I've spoken to — certainly the 15 private sector economists whose forecasts we use as well as the Bank of Canada and the (International Monetary Fund)-- all forecast positive growth for Canada this year,» Oliver told reporters.

It is one of several local and international players discussing mutually beneficial deals with banks that have favoured the less risky mortgage sector for years, but are looking for growth in business lending.

The median inflation forecast of private - sector economists for the year to June 2001, as surveyed by the Bank following the release of the June quarter CPI, has increased to 5.5 per cent from 5.3 per cent in the March survey.

With the Spanish banking sector's bad - debt ratio hitting a record 6.5 % in May, a 16 - year high, stress test results brought few surprises and highlighted the need for further sector consolidation.

Most recently, Fergus spent nearly 6 years in the Financial Services sector working for ACI Worldwide, the world's leading provider of electronic payments and banking solutions.

The Gibraltar Bankers» Association has now been operating for over 30 years at a time when Gibraltar's banking sector continues to be both prosperous and stable.

Moving away from the periphery, it is important to note that this year may turn out to be a good year for the US banking sector.

As general manager for Appway across the APAC region, Hong Kong - based Reto Merazzi has more than 20 years» experience in the international banking sector.

The ECB also introduced plans for a series of Targeted Longer - Term Refinancing Operations (TLTROs) at very low fixed rates as a new measure to help boost bank lending to the non-financial private sector over the next two years, and said it would intensify preparations for the outright purchase of certain asset - backed securities (ABS).

For the year, the regional southwest bank sector is down 14.2 %, with gargantuan losses in TCBI -LRB--34 %), CFR -LRB--27 %), PB -LRB--27 %), BOKF -LRB--23 %) and IBOC -LRB--15 %).

It also led the country's banking sector in terms of net profits for the ninth consecutive year.

The Nigerian central bank had to provide a bailout for the newly privatised energy companies last year after investment flows into the sector dried up.

Vice President commended Stanbic Bank for its immense contribution made to the country over the years and called on the private sector to partner government to implement programmes designed to make the lives of Ghanaians better.

For instance, the bank's private - sector lending arm is financing a coal - fired power plant in Gujarat, India, that will generate 25.7 million tons of carbon dioxide a year.

Susan had been working very hard for over ten years in the banking and finance sector, and had climbed far up the corporate ladder.

Last year the European Investment Bank provided a record GBP 6 billion for long - term investment in key infrastructure across the UK including support for new hospitals, better water and sewerage infrastructure, renewable energy and energy transmission and private sector investment.

By examining the difference in spreads relative to the CDS European Banks to Eurozone sovereign bonds and financials in the U.S., we see that insurance across these sectors has not been this comparable in price for years.

«As the U.S. economy and banking sector improves, that means more business for DH,» Cheng said, adding that the company could raise its dividend by the end of the year.

Under Tamara's direction, Vancity achieved the highest profits in the organization's 70 - year history and became the first Canadian financial institution (FI) invited to the Global Alliance for Banking on Values; the first carbon - neutral FI in North America; the largest Canadian private - sector living wage employer, and one of the first to create an alternative product to high - interest payday loans.

okay here's my two cents worth folks im up for renewal and have just nagotiated a rate 5 yr variable1.75 persent or if i want a five yr fixed at 4.49 still quite a gap between fixed and variable here i believe i have a little lee way here apparently i was only interesed in variable and five yr fixed but i made it absulutly apparent to them that when lock in from a variable i get the whosale discounted rate at that time and written into the contract i kinda believe this the way the market is heading as we head out of ressesion and the bank of canada is going to make there move i believe coming up in june and just to make this firm i do not believe the boc will raise rates in fast mode far from it will be slow process i don't care what the ecconmists are thinking we have to remember manufactering sector is reallt taking a hit on the high dollar and don't forget our niegbours to the south how dependent our canada is with them i believe it will be a slow process a lot of people heve put themselves in a debt load over these enormously low interest rates but i may be wrong i think a variable is the way to go if you want to work on that princibal at least should i say the say the short to medium term and betting that the bond markets stay put for the short to medium term - i have given enough interest to the banks maybe i can pay a little less at least fot the short to mediun term here i have not completly decided yet put i think im going variable although i wish my mtge was up a year ago that would have been just great congradulations to all that did.

Over the past three years, the commercial sector has been the primary focus for bank loan growth efforts.

This means that if you were only looking at the financial sector and the returns of the big banks ranged from -20 % to +60 % for the past year, depending on which bank you were looking at, this would be indicative of a larger amount of dispersion of returns.

Maybe its different in the US where you seem to sue each other for no reason other than to boost the lawyers pension funds by a process of mutual self - impoverishment, but what I describe is how it is in my 30 - year IT experience in the UK — largely with large and medium sized commercial organisations — finance, banking, retail, engineering and public service sectors.

While all large commercial banks have, of course, also increased their renewables finance over the past few years, our study finds that this pales in comparison to their finance for the coal sector, which has grown by almost 400 % since 2005, the year the Kyoto Protocol came into force.

For over 15 years, Winrock has been a global leader in designing and implementing science - based methods to measure, monitor and report GHG emissions reductions in the agriculture, land use and forestry sectors for clients including the United Nations, the World Bank and the U.S. Environmental Protection AgenFor over 15 years, Winrock has been a global leader in designing and implementing science - based methods to measure, monitor and report GHG emissions reductions in the agriculture, land use and forestry sectors for clients including the United Nations, the World Bank and the U.S. Environmental Protection Agenfor clients including the United Nations, the World Bank and the U.S. Environmental Protection Agency.

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The intense and constructive discussions on and off the negotiating floor on inter alia, the adaptation fund, a new green / climate fund, funding the avoidance of deforestation and forest degradation, the climate - related budgets of development banks, and the need for government assistance to more effectively bring private sector on board, will all be for naught if previous experience with development financing is any indication how climate funding promises pan out over the coming years.

Three years later, Correcting the World's Greatest Market Failure: Climate Change at the Multilateral Development Banks, reviews the Country Strategies and project documentation for the energy sector portfolios of the World Bank Group, the Asia Development Bank, and the Inter-American Development Bank.

«Raouf El Heni, who has been managing his own law firm for over 30 years, advises subsidiaries of international banks, insurance companies and companies in the car sector in corporate and commercial law.»

Farmida has acted on many high profile transactions, including for Lloyds Bank in a Supreme Court case confirming it had the right to redeem # 3.3 billion of enhanced capital notes, issued at the height of the banking crisis; for the Government of Pakistan on its issuance of more than US$ 7 billion of bonds and sukuk in the past four years; for Goldman Sachs on its debut US$ 500million sukuk, the first by a US financial institution; and for the International Committee of the Red Cross on the world's first «Humanitarian Impact Bond», an initiative that drew investment from the private sector to design, build and operate rehabilitation centres in Africa.

Paul has been involved in some of the highest profile reported court cases and investigations over the last 25 years, including the Lockerbie trial, the largest class action in the UK in the pharmaceutical sector, the Shard of Glass litigation, the Oil for Food Programme investigation, the BTA Bank v Ablyazov case, the split capital trust investment litigation, the worldwide deep vein thrombosis litigation, and some of the leading cases in the field of aviation law.

Prior to joining Foley Hoag, Diego held, for ten years, high positions in Ecuador's public sector such as the Central Bank of Ecuador, the Office of the Attorney General of the Republic of Ecuador, and the Ministry of Foreign Affairs.

Sampath Reddy, chief investment officer of Bajaj Allianz Life Insurance, which had assets under management (AUM) of Rs 44,107 crore as on March 31, 2016, tells Puneet Wadhwa that this year, most of the growth will come from revival in commodity prices such as metals and reversal in asset quality problems for the banking sector.

Over 10 years of experience working as Business Analyst in projects for banking, public administration and telco sectors.

Brad Garlinghouse, the company CEO fees that Navin will bring along his years of expertise in payments and banking sector which surely will shoot up the demand for payments solution service provided by Ripple Group in Indian territory.

After nearly a decade of underperformance and despite on - going volatility across financial markets, the outlook for the European banking sector is the most promising it has been for years and 2016 could be the year when the sector makes a comeback.

Grant has been with Hays for close to 8 years and has spent the bulk of this time recruiting for the Banking, Financial Services and Insurance sectors.

She began her career recruiting accountancy & finance professionals, before spending 11 years recruiting senior permanent professionals for London's banking & finance sector.