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Banking in sentence

2429 examples of Banking in a sentence

The result is a banking system still awash in NPLs and buffeted by continuing recession.
Key sectors like farming, health, education, banking, and insurance are already being transformed, greatly enhancing the region’s business landscape.
Furthermore, banking systems in some countries remain vulnerable.
So changes will have to be made within the existing treaties, which leads directly back to the British debate, because the British government is banking on treaty revision by 2017.
India’s Unique Identification Number project, under the capable stewardship of information-technology pioneer Nandan Nilekani, will enable access to government, banking, and insurance services at the grass-roots level.
Fortunately, it is not unsolvable, as significant reforms like the creation of the European Stability Mechanism and the launch of banking union show.
But Ireland, with previously modest deficit and debt levels, also suddenly and unexpectedly faces the same kind of issue, owing to the government’s need to take over private debt from the banking sector.
There are ways to fix both the banking and the fiscal problem.
Control of banking is the simplest.
It means, instead, completing key initiatives, most urgently the banking union; improving accountability; and ensuring that the public understands what the EU institutions are doing.
And, with our banking reforms, we are strengthening our reputation as the home of global finance – from insurance to asset management, and from the new offshore renminbi markets to issuance of the first sovereign sukuk, or Islamic bond, in a non-Islamic country.
At the same time, un- or under-regulated “shadow banking” has grown into a $160 trillion business.
This means that the “underpricing of risk worldwide,” which Alan Greenspan identified as the root cause of the banking collapse of 2007-08, is impossible.
Unfortunately, today’s debates about banking reform have just this character.
Reversing the robotic gigantism of banking ought to be the top priority for reform.
Radical proposals that would help restore a more resilient system, offered by the likes of Governor of the Bank of England Mervyn King, have been smothered by noisy discussion of measures that do nothing to address modern banking’s fundamental defects.
The global banking system and economy was thus vulnerable to the mistakes of the three main rating agencies and their flawed risk models.
Moreover, many banking systems have bigger capital buffers than in the past, enabling them to absorb losses from a correction in home prices; and, in most countries, households’ equity in their homes is greater than it was in the US subprime mortgage bubble.
In countries where non-recourse loans allow borrowers to walk away from a mortgage when its value exceeds that of their home, the housing bust may lead to massive defaults and banking crises.
Firms in the energy, infrastructure, banking, and armaments sectors have been nationalized.
It thus seemed to make sense that even in the eurozone, banking supervision remained largely national.
Problems might originate at the national level, but, owing to monetary union, they quickly threaten the stability of the entire eurozone banking system.
At their June summit, Europe’s leaders finally recognized the need to rectify this situation, transferring responsibility for banking supervision in the eurozone to the European Central Bank.
Moreover, the ECB already bears de facto responsibility for the stability of the eurozone’s banking system.
Just ask any of the large international banking groups headquartered in financially stressed eurozone countries.
But, while putting the ECB in charge of banking supervision solves one problem, it creates another: can national authorities still be held responsible for saving banks that they no longer supervise?
Andy Haldane, the Bank of England’s chief economist, has described the banking industry as a “pollutant,” at least in part.
Some countries, the UK among them, continue to bear “the social costs to the general public from banking crises.”
Research has shown that so-called tier one capital ratios above 13% cut the risk of banking collapses sharply.
Second, there is a widespread belief that advanced economies’ urban elites – in government, the media, and business – are either uninterested or unable to address their societies’ most serious problems: economic inequality, banking crises, aging populations and overburdened social-security systems, terrorism, porous borders, rapidly changing community identities, and much else.
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