Imagine if every U.S. bank used a different electronic payment process for its bank cards and accounts.
In the process it leapfrogged Bank Of Montreal in our rankings.
Mundell is proposing, in effect, a de facto super-regional currency area by managing the exchange rate between the dollar and the euro through a process of central bank coordination.
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They were engaged in a lucrative border trade in gems, logs and products such as shrimp, in the process swelling the bank accounts of local commanders whose compliance was required for the free flow of military hardware and commercial goods.
One case study found that it takes ten days for a bank to process a simple student loan that should take one day, because the bank has to print out the online forms and courier them to the applicant for signatures, then wait for them to be returned by post only to scan them back into digital form.
Mr Hester started the process of reforming the bank in 2009 and said it would take up to five years.
However, life is a lot easier for me if I assume that the sun will rise in the East tomorrow morning, that my phone will periodically ring with consulting clients, and that my bank will process checks that I deposit.
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The bank is still in the process of negotiating the sale of 632 of its branches to the Co-operative Bank.
The actual process was the series of bank runs that happened through the early 1930s.
Interestingly, Japan has embarked on a massive money printing scheme and has compromised the independence of its central bank in the process.
This threat makes little sense: You'd think it would cost a bank MORE to process lots of little transactions than a few big transactions.
BCCI's financial condition prove not misfeasance, but the Bank's open process and seriousness of purpose.
Exactly what is most crucial in the process of nation-building the Bank's experts do not say.
They are learning about new ways to keep consumers satisfied, and boosting their bank balances in the process.
Authorities in Cyprus are in the process of winding up the Laiki Bank.
The bank is in the process of restructuring its business, which will involve the loss of up to 6, 000 jobs by 2016.
For example, we are now in a process of trying to solve a bank insolvency crisis, an unemployment problem, and a fiscal deficit problem, with a monetary solution.
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Wal-Mart had said it wanted to buy the bank so it could process 35 million ATM transactions monthly, retaining millions in debit-handling fees, which it could translate into savings passed onto customers.
These are not comforting thoughts: as Paul Krugman said to me earlier this week on his trip to London, if the eurozone is going to end, it's a fair bet that the process will start with a Spanish bank run - and a tussle with the ECB.
It didn't give specifics, but that includes measures such as the Fed's assessment of a bank's capital planning process.
Nationally, the time taken to process a foreclosure from default notice to bank repossession averaged 414 days in the fourth quarter.
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The smaller number of directors would be "better able to engage effectively in the restructuring process for RBS group", the bank said.
Receivership, by contrast, is a process started by a company's bank, or other creditor, who has lost confidence in a firm's ability to repay its debts.
"Barclays has fully collaborated with the supervisory authorities and has been completely transparent throughout the process, " a spokesman for the bank said, adding that it had put measures in place to make sure such an incident would never happen again.
Major U.S. banks were required to deliver capital plans to the Fed by Jan. 9, and the central bank is now in the process of evaluating those reports, which include proposals on how and when firms intend to return capital to shareholders.
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There will be, as the bank points out, a learning process for borrowers and financiers alike in this emerging relationship.
The Bank has also insisted on a process of public consultation.
Amid billions of assets listed in the RBS half-year accounts, the lawyers' bills may be relatively small, but the process looks like a huge drag on the bank's recovery.
Mr Schneiderman said his office had documented hundreds of instances where Wells Fargo and Bank of America had failed to process refinancing requests from mortgage holders quickly enough, putting them at greater risk of foreclosure.
Both Benanke and Volcker say that instead of re-arranging the regulatory deck chairs, Congress should focus on plugging the gaps in existing regulations, such as establishing a process for officials to unwind faltering non-bank financial firms.
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