Sentence examples for package of banking from inspiring English sources
The move, part of a package of banking regulations known as Basel III that is aimed at reducing the danger of big bank failures, was hailed Thursday by some European lawmakers.
Another topic that got short shrift was a package of banking regulation measures, called Basel III, intended to shore up banks' capital reserves as a bulwark against future financial crises.
The three-part package also includes £200bn of fresh funds for interbank lending and a £250bn guarantee of bank debt.
CML director general Michael Coogan said: "Today's package of bank funding and capital measures is further strengthened by this rate cut.
In addition to trimming the short-term interest rates that the E.C.B. controls, he announced that the E.C.B. would turn on its electronic printing press and start buying packages of bank loans, which are known as asset-backed securities.
The packaging of bank loans and re-selling them is a huge conflict because the underwriter of the loan no longer bears the risk once it is securitized and sold.
That's the rule under the terms of the Durbin amendment, which is part of the Dodd-Frank package of Wall Street banking reforms.
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The present structure and compensation packages of large banks don't have those interests aligned; this dissonance breaks the fiduciary responsibility between banks, their customers and our larger society as a whole.
"It is very rare now, unless you are talking about someone at a managing director level, for someone being offered an expat package," said Craig Brewer, manager of banking and financial services at the staffing firm Hudson Global Resources in Singapore.
The Russian stock market is now about where it was on Aug. 17, when authorities halted trading for two days and announced a more than $150 billion stimulus package of loans to banks and tax cuts, which the market has largely shrugged off.
