Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Ottawa agree to insure the money they routinely borrow from other banks, a practice that keeps their credit operations liquid? Ironically, the troubled non-Canadian institutions that received capital injections and loan guarantees in other countries now carry a government seal of approval that tilts the playing field in their favor when it comes to borrowing. That leaves Canada's big banks, including Scotiabank, TD Bank Financial Group, RBC Royal Bank and CIBC, at a competitive disadvantage. So the government acted to level the field, not to aid troubled banks. (See pictures of the global financial crisis...
...town to a modern capital of the arts—immerse the reader in the landscape Liebniz came to love. Moreover, Nadler connects the architectural elegance to the philosophical eloquence that developed there. He opens one chapter with a vision of the Petit Pont, a bridge between the Left Bank and the Île de la Cité: “It is a nondescript bridge, nothing like the magnificent Pont Neuf that runs all the way across the narrow west end of the island and over to the Right Bank.” He adds, however, that...
Much of the growth was financed by cheap money, as Swedish and Finnish banks competed for customers in Europe's fastest growing region. Entrepreneur Lepik recalls firing off an e-mail loan application in 2006 with a "very basic" business plan, and getting approval in less than a week. Private debt across the Baltics rose from nearly zero to Western levels as consumers became hooked on credit. Home buyers and businesses took out mortgages in foreign currencies, which had the effect of worsening already severe current-account deficits. In a peculiarly Estonian twist, companies in the tech-savvy country began...
That's a question being raised in other parts of Eastern Europe these days, too. By one estimate, net banking flows into the region, most of them originating in Western Europe, will fall from $219 billion in 2007 to just $74 billion next year. Sweden's Swedbank, which not long ago earned a fifth of its profits from the Baltic region, has seen its stock price halve in the past year over fears of exposure to bad loans, and on Oct. 27 it announced a $1.5 billion rights issue to bolster its finances. Two days later Austria's Erste Bank...
...interview with TIME this week, the Rev. Jesse Jackson said that Obama's election "shows that there's nothing else we can't be. There's no university we can't be seriously considered to lead. There's no bank we can't be considered in if we have the right credentials...