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"We will conserve capital," Mr. Mudd said.
4. Conserve capital to maintain flexibility.
Banks will seek to conserve capital, not find ways to run it down.
Needing to conserve capital and fearful that other firms might collapse soon, they largely stopped lending.
Financial institutions need to conserve capital, so they raise prices, tighten standards and sell foreclosed properties quickly.
Manufacturing was hurt more by the credit crisis than services businesses were, as many companies slashed orders and inventories in an effort to conserve capital.
Similar(23)
As a result, capital becomes scarce in deregulating industries, and conserving capital during the early years is essential for survival.
"This team will be responsible for meeting the dual objectives of conserving capital and controlling credit losses while Fannie Mae continues to provide crucial liquidity to the U.S. housing and mortgage markets," Mr. Mudd said.
A business center operator typically leases space on a long-term basis from a landlord and subdivides for clients or enters into a joint venture with the building's owner, which conserves capital and allows more rapid expansion.
After adopting a policy of conserving capital and being selective about the type of new business it writes, Pru raised its dividend by 5% to 6.29p, in contrast to Legal & General and Aviva, which both reduced their dividends when they reported interim figures last week.
Yesterday, Merrill Lynch released a bulletin on Webvan's decision to delay its expansion plans, saying that while analysts there supported the notion of conserving capital financing and focusing on profitability, they were "discouraged by the rescheduled launch of Webvan's two newest" distribution centers.
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