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For example, a large online broker may charge 7.24% on margin balances above $1 million, but 10.24% on balances below $50,000.
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That amount was "clear evidence something was seriously amiss," the trustee's filing continued, because "no legitimate broker-dealer would allow this investor to maintain such a staggering margin balance".
Other firms calculate money management fees based on net asset values, the market value in an account after margin loan balances have been subtracted.
"It is a debate about which tools, at the margin, better balance two goals: maximizing assistance to several hundred thousand homeowners while minimizing further cost to all other homeowners and taxpayers".
We do not believe that the current rating reflects the improving margins, strong balance sheet or the opportunity for significant growth once the economic backdrop improves.
German banks have been stymied by low profit margins; wobbly balance sheets, because of bad loans and deteriorating assets; a fragmented market; and the dominant role of the government, which owns about half the banks, directly or indirectly.
But the OBR papers suggest that the government has ample margins to balance its books and get into surplus by 2018-19, and that four-fifths of that improvement will come through public spending falling as a percentage of national income.
Our gross margins reflect balanced management of pricing pressure versus cost reductions.
"Good margins and balancing risk because the motor industry is a cyclical business".
To tease out good small-cap investment candidates, the stock selection segment of the Mellon model focuses on earnings momentum as well as widening profit margins, improving balance sheets, higher-than-average operating leverage and cheaper-than-average valuations.
This balances margin recovery potential versus revenue and execution risk in our view.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com