Banking
in sentence
2429 examples of Banking in a sentence
Likewise, the impact of regulatory changes resulting from major legislation and policy directives in the United States, Europe, and the United Kingdom on banking, insurance, financial-transaction taxes, anti-money laundering, and cyber-space is likely to be substantial.
Now it is up to the European Parliament to address this hypersensitive issue, the most controversial part of which is the powers and responsibilities to be given to the three new pan-European supervisory agencies for banking, securities, and insurance.
Indeed, in recent years, eurozone authorities have introduced several policies for fighting financial crises – including government-backed rescue funds, a partial
banking
union, tougher fiscal controls, and a role for the European Central Bank as lender of last resort.
But most of these policies – with the possible exception of the
banking
union – are aimed at managing default risk, not eliminating this risk’s root causes.
True crowdfunding, or equity crowdfunding, refers to the activities of online platforms that sell shares of startup companies directly to large numbers of small investors, bypassing traditional venture capital or investment
banking.
For the US and Switzerland, this is particularly bad news, as in both countries the realized write-offs already amount to 53% and 54% of the aggregate balance sheets of their national
banking
systems, which corresponds to 4.4% or 15.0% of GDP, respectively.
The Netherlands, the UK, and Germany should also be concerned, as they come next in the ranking of countries whose
banking
systems have been hit hardest by the crisis.
Their write-offs were 2.0%, 4.2% and 2.8% of GDP, respectively, which corresponds to 11%, 16% and 22% of the aggregate equity stock of their
banking
systems.
The
banking
system is not primarily suffering from a temporary breakdown of the inter-bank market and a transitory decline in asset values that could be overcome simply by waiting for recovery.
Rather, the
banking
system is at the brink of insolvency, with a permanent loss in equity capital.
They will continue to deprive the
banking
system of its equity capital, with little chance of it being recouped in the near future.
After all, one reason for the
banking
crisis was that banks expected governments to bail them out in case of trouble.
If they lose, a long string of bankruptcies can cut deeply into
banking
systems that had generated huge profits by lending to these same hedge funds.
I am also an investor in and advisor to AnchorFree, the company that offers Hotspot Shield, a publicly accessible virtual private network (VPN) that allows users to keep their browsing private, whether they are concerned about thieves stealing their
banking
details or about governments monitoring where they surf.
And there is a large volume of bad loans in some state-owned banks and in the shadow
banking
system.
All this will put further strain on the financial sector, which to a large degree in Central and Eastern Europe is owned by major Western
banking
groups.
Central banks that also regulate the
banking
industry were asked tough questions about their insouciance in the face of rapid credit expansion, but they were widely praised for their prompt and decisive response when trouble hit.
Like now, the country relied heavily on exports of services – not just
banking
services but also shipping and insurance.
This means a more balanced economic policy within the eurozone, an enhanced role for the ECB, a real
banking
and financial union, and a road map to partial and conditional mutualization of legacy debt.
Facing a shared threat from the Soviet bloc and US prodding, European countries created institutions to promote peace and cooperation, leading to economic and monetary union, now a
banking
union, and possibly in the future a fiscal and political union.
These accounts should be frozen, despite the difficulty in doing so in a world rife with secret
banking
and nominee accounts that disguise true ownership.
And, as eurozone banks and public-debt markets become increasingly balkanized, establishing a
banking
union, a fiscal union, and an economic union while pursuing macroeconomic policies that restore growth, external balance, and competitiveness will be extremely difficult.
Securing Europe’s economic future in this context will require, first and foremost, a renewed commitment to regional integration efforts – completing the
banking
union, advancing fiscal union, and moving forward on political union – that have been crowded out by a never-ending series of meetings and summits on Greece.
The world has paid dearly for their lack of understanding of the risks of securitization, and, more broadly, their failure to focus on leverage and the shadow
banking
system.
Any serious candidate for Fed chairman should understand the importance of good regulation and the need to return the US
banking
system to the business of providing credit, especially to ordinary Americans and small and medium-size businesses (that is, those who cannot raise money on capital markets).
In Ireland and Spain, transferring the
banking
system’s huge losses to the government’s balance sheet – on top of already-escalating public debt – will eventually lead to sovereign insolvency.
There are no new openings in a world of
banking
and finance brought low by the greed and hubris of some of its key members.
In Defense of Swiss BankingGENEVA – Leaders of the G-20 have now declared that “the era of
banking
secrecy is over,” and have threatened to take action against “non-cooperative jurisdictions, including tax havens.”
There is no political risk involved; the Swiss have no powerful lobby in the United States or the EU that they can mobilize; as the birthplace of private banking, Switzerland has enormous symbolic value; as the world leader in private banking, it triggers jealousies.
For example, the mobile-phone-based microfinance and
banking
system known as M-Pesa has spread in various forms across and beyond East Africa, where it originated.
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