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Exact(20)
The same applies to the private banking sector, it said.
Analysts say a leaner, more consolidated private banking sector will have greater resources to attract an increasing number of wealthy people from emerging economies.
So the nationalised Bank of England is stealthily recapitalising the private banking sector with low rates of interest while turning a blind eye to the much higher rates charged to productive economic actors.
After retiring from the Bundesbank, Pöhl worked in the private banking sector and on the advisory boards of such companies as Royal Dutch Shell, Unilever, Rolls-Royce and Volkswagen.
To this day, FHA standards for loans, which set the market for the entire private banking sector, prohibit any but the most minimal commercial property from being included in residential development.
"The private banking sector's mistrust of one another means that it should fall to the public sector to ease liquidity and offer mortgage finance to the public.
Similar(40)
But to do so, the private non-bank sector had to get more indebted to the banks—as Figure 5 shows.
For the private sector -- especially the banking sector, meeting these funding needs is a huge challenge, but also a huge opportunity.
Pictet, the wealth-management group, decided some time ago to take physical delivery of gold (rather than get exposure via the derivatives market), and has had to find extra space in its vaults.This change in behaviour is, in itself, a challenge for the private-banking sector.
Concern has been raised by the green lender admitting it has already been approached by potential buyers from the private equity, sovereign wealth and private investment bank sectors.
Kozak, 37, worked in private legal and banking sectors until August 1999, when he was moved into the prime minister's office, and then to work for the president.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com