Your English writing platform
Discover LudwigSuggestions(1)
Exact(6)
"The banks' fixed costs aren't going away," said Theodore J. Iacobuzio, a senior analyst at the TowerGroup, a research firm based in Needham, Mass.
He added that the banks' fixed income and equity desks were still performing poorly and the still sluggish economy remained a drag on the sector.
According to material seized by the commission and by Austrian police, the banks fixed lending and deposit rates, and even had sub-committees for different banking products.
The lesson of big banking busts, such as Japan's in the 1990s, is that debt-laden balance-sheets must be restructured and troubled banks fixed before real recoveries can take off.
Perkins and his son, Robert, stumbled upon the idea of buying busted homes when a friend showed them two residences in a town in northern San Diego County that he'd bought from banks, fixed up and rented out.
And lower trading volumes and smaller gaps between bid and offer prices should mean investment banks' fixed income and equities trading divisions found it harder to rake in record revenue.
Similar(54)
Industry consultants estimate that banks' fixing costs could amount to $1 for each line of computer code they have.
They repeated the same statements ad nauseum: the financial crash was caused by labour overspending, not the banks; fix the roof while the sun is shining," he admitted.
"Strengthen your banks, fix your balance sheets and realize that if a bank gets in trouble, the response will no longer automatically be that we'll come and take away your problem," Mr. Dijsselbloem said.
Small countries with outsized banking sectors, such as Luxembourg and Malta, were offended by Mr Dijsselbloem's suggestion that they should hurry to "strengthen your banks, fix your balance sheets".
Others propose making the banks fix themselves, by suspending dividend payments and issuing new stock or even forcing them into bankruptcy courts, where they would have to swap debt for equity.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com