This acts as a bank account from which all the client's bills and debts are managed.
Not a traditional bank, it acts as a bank, and is a substitute for a limping sector.
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However, as a lender and as a bank, we have a problem that I feel needs to be addressed.
As a bank it faces more intrusive supervision from the Federal Reserve, tougher capital requirements and restrictions on investing.
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Regions Financial Corp. operates as a bank holding company for Regions Bank.
They are betting against another entity such as a bank or a hedge fund, which is taking the opposite position.
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This magnificently restored 19th-century stone-and-brick neo-Gothic structure was built as a bank, but served most recently as the municipal conservatory.
Doyle decided one snowy day in New York to quit his job as a bank accountant and chase his dreams on the snowy slopes of Vermont.
According to Bitcoin-Central, it's the first exchange of the digital currency to be licensed to operate as a bank and function within the framework of European regulations.
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"Thai Farmers is perceived as a bank with vision and a long-term plan to stay competitive, " says Susheel Neruda, head of research at Seamico Securities in Bangkok.
The government would like to see the ECB restart its government bond-buying programme and wants the nascent European Stability Mechanism to be retooled as a bank bailout fund.
"If you want to be taken seriously as a bank for Hispanics in the U.S. nationally, you have to have a credible presence in Miami, " says Cohen Bros. analyst Joseph Gladue.
But failure to do a deal with the IMF leaves Hungary dangerously exposed to outside events such as a bank crash in Spain or a disorderly Greek exit from the euro.
Just as a bank will check your credit rating before offering you a mortgage, so too will a potential customer on a collaborative marketplace check feedback and ratings before considering making a transaction.
The ads to most watch out for are those pretending to offer a job but are really trying to get you to give up personal information, such as a bank-account or Social Security number.
Daniel Gros of the Centre for European Policy Studies and Thomas Mayer of Deutsche Bank think the EFSF should be registered as a bank and allowed to borrow from the ECB, using the government bonds it buys as collateral.
Purchases in combination with the deployment of EFSF funds and a newly retooled ESM transformed as a bank, using its equity for sovereign bond repos funded through the ECB will allow everyone to stay within their mandate and will create the firepower needed.
The Bank of the South, launched in 2007 as a development bank by and for Latin America, was also touted as an important ingredient in the toolkit of solutions to the global crisis.
There is also a lot of upbeat coverage in The Beijing News, China Daily and other media on a mooted Brics reserve fund, as well as a development bank that will finance infrastructure projects among the five members as well as developing countries.
By contrast, Norwest, which aggressively pushes traditional retail products, such as mortgages and consumer loans, through a huge network of non-bank offices as well as bank branches, has a markedly different culture from Wells Fargo's.
But, of course, the embarrassment is greatest for Barclays, which is fast losing what is as important to a bank as capital to absorb losses, namely a reputation for integrity and competence.
Yet in playing this game, the Bank of Japan has failed in its primary duty as a central bank: to ensure price stability.
So, what a bank actually does is borrow short and lend long: Brad Delong has used this as a definition of a bank.
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He was indicted by the feds for convincing a Wachovia Bank employee to create a fake bank statement to use as supporting documentation for a small, unsuspecting bank in Georgia.
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United Commercial's origins were humble, as a savings bank and mortgage lender for the Chinese in San Francisco.
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The company has also secured an option to operate as a commercial bank in China, an executive told Reuters.
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"Medicare should not be used as a piggy bank for Obamacare, " he said.
ICICI's shares are counting on Vaman Kamath, its chief executive, and his determination to recast it as a universal bank.
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