Banking
in sentence
2429 examples of Banking in a sentence
The first is the completion of the eurozone
banking
union, which would feature shared bank regulation, including a credible resolution fund.
But, although
banking
and finance have taken center stage, the EU’s constitutional problem refuses to go away.
These steps, it is argued, have taken both sovereign-default risk and a
banking
crisis off the table.
The new
banking
union can then be extended to include a common resolution fund to enable the orderly dissolution of insolvent institutions.
The end-2013 deadline for implementation of the
banking
union is a long way off.
Recall that the German government adamantly rejected the eurozone
banking
union and the European Stability Mechanism, both of which were ultimately launched (though some say it was too little, too late).
The Muslim Brotherhood, and primarily President Mohamed Morsi, is
banking
on the assumption that the strength of Egypt’s Islamist vote will earn him enough support among “regular Egyptians,” and that the opposition will have little impact on the referendum’s outcome.
It is not only in central banking, of course, that we see the role of historical experience in shaping policymaking.
That theory runs counter to much historical experience, as well as to the prevailing approach to central
banking
that emerged in the 1990’s.
The ECB’s actions quickly reversed the fragmentation of the European
banking
system and eliminated fears of a euro breakup.
As the eurozone experience proves, sustaining a monetary union requires banking, fiscal, and full economic union.
And, once members give up their sovereignty over fiscal, banking, and economic affairs, they may eventually need a partial political union to ensure democratic legitimacy.
Ditching the euro might trigger a
banking
crisis, capital flight, inflation, and perhaps even sovereign default.
After years of painful uncertainty, the Greek
banking
sector is now one of the most stable in the eurozone.
To be sure, the recovery was not expected to be smooth: historically, cleaning up after a financial crisis of this magnitude takes a long time, especially given high debt burdens, extended joblessness, and damaged
banking
systems.
This heightened uncertainty could spill over to economic activity in the rest of the European Union through adverse feedback loops between sovereign risk and the
banking
system.
Moreover, Africa’s economies have already begun to diversify, placing less emphasis on natural resources relative to thriving tourism, agriculture, telecommunications, banking, and retail sectors.
Globalization and technological change are reshaping production throughout Europe, leading to the decline of traditional industries and rapid growth of high-technology manufacturing,
banking
and finance, scientific research, and business services.
Indeed, the Fed regulates only banks, so liquidity and leverage will migrate to the shadow
banking
system if banks are regulated more tightly.
Morocco boasts solid infrastructure, a robust
banking
system, sound public finances, low inflation, and manageable unemployment.
And a
banking
union, once completed, should contain the risk of financial crisis and contagion.
The eurozone was established without a fiscal transfer mechanism to succor members of the family who get into trouble; the European Central Bank is prohibited from acting as lender of last resort to the
banking
system; and the Commission’s proposal for Eurobonds – collectively guaranteed national bond issues – has foundered on Germany’s objection that it would bear most of the liability.
Growth returned, and confidence among foreign investors was such that large inflows of foreign direct investment, especially in the
banking
sector, arrived.
This huge funding has so far saved the Greek
banking
system from collapse, and it constitutes the key advantage of joining a real monetary union as opposed Argentina’s ‘quasi-monetary union’ with the USD.
Currently, the US
banking
system looks sufficiently robust to absorb the strain.
Tanzania reached its goal of providing 50% of its adult citizens with access to
banking
a year ahead of schedule, making the country a global leader in digital financial services.
The New Risks in Risk RegulationLONDON – When I took over responsibility for
banking
supervision in the United Kingdom, in 1995, a wise old bird in the Bank of England (BoE) warned me that I would find it a thankless task.
We can, however, be less certain about the shadow
banking
sector, almost by definition.
Last week, Portugal joined Greece and Ireland in seeking an official bailout to avoid a default that would undermine Europe’s
banking
system.
The list of policy mistakes is almost endless: interest-rate hikes by the European Central Bank in July 2008 and again in April 2011; imposing the harshest austerity on the economies facing the worst slump; authoritative treatises advocating beggar-thy-neighbor competitive internal devaluations; and a
banking
union that lacks an appropriate deposit-insurance scheme.
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