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RBS and its NatWest subsidiary said the bulk of transactions were now being handled properly after being cleared successfully overnight but extended opening hours are in operation at both banks until the end of the week while a back log is cleared.
While the bulk of transactions in the Coinbase network are still for day-trading and investment, a growing share is devoted to transactions for goods and services.
Mahajan said that Drivezy is currently market leader when it comes to self-drive two-wheelers — "self-drive" meaning vehicles that can be rented for a trip — with motorbikes and scooters accounting for "the bulk" of transactions, but just 20percentt of revenue.
"Sales are at the lowest level since the total existing-home sales series launched in 1999, and single family sales -- accounting for the bulk of transactions -- are at the lowest level since May of 1995".
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This is mainly in Russia's favour: the bulk of the transactions are made up of Russian natural-gas sales to Turkey.
In the weeks before Mr. Lawsky's action against the bank, Justice Department officials had concluded that the bulk of the transactions at issue had complied with United States law, current and former authorities said.
The nationwide character of the money market is also shown by the participation of nearly 200 banks in the federal-funds market banks that are widely scattered among all Federal Reserve districts, although the bulk of all transactions is executed through facilities located in New York.
On the seller's side, former employees made up the bulk of completed transactions (64.5percentt).
While prosecutors theoretically can bring indictments wherever backdating occurred, most will be brought either in San Francisco, where many tech companies are based, or New York, where the bulk of stock transactions are processed.
"If the bank backs $80 billion in loans for Boeing, General Electric, or Enron (a favorite in past days), and $20 billion for small businesses, it doesn't matter that the $20 billion in small business loans accounted for the bulk of the transactions.
A majority of transactions happening out there are still dumb transactions vs. smart transactions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com