mellat had tejarat bank, sepeh and export bank had 4545 to 100%, for example bank noor bank middle east , let me tell you that bank d, capital bank , new economic bank, cabinet cooperated, this year it was 10%, but well, our state banks have quotas compared to state banks. it is less, but it is 45 the main bank that has a high quota, thank god, has fallen into the wrong country, and the installment payment facilities of banks whose quotas are high, over 60 , have been solid in 2015. thank god, the meeting will join this last train, and our colleagues will predict the first stage of most banks towards self-ownership. do you think that the land in the banks in the past few months is mostly directed towards the projects that have a support package, and this meeting we had and that was the topic, please help us more to start the support projects of the national housing movement from you mr. heydari, secretary of the coordinating council of banks qitasi, please tell me that this one week when the president ordered and it was decided to check the obstacles, what kind of problems were felt , b

no, it's not the banks, actually. _ banks? no, it's not the banks, actually. and _ banks?rt hasjust said, them, are very clear. and as the expert has just said, the amount of money that comes into account, a question mark is raised, the bank is to report it andy? that is raised is within the bank's systems, it gets reported and then investigated. where i think that clearly... pete? where i think that clearly... pete? where pete had a real problem, which to my mind was an unnecessary one, isjust to my mind was an unnecessary one, is just how long it took to get this resolved. and it is correct that the lord does not allow the bank then to communicate with someone who could be, there is a? overfraud. but he did wait months and months and i do think that is a very great pity and when this does happen to somebody i do think that that investigation needs to take place very quickly indeed. the whole pressure on the banks, by the way, the moment, is all about not letting through anything that remotely looks suspicious. it's why we have to say where our money comes from, as a sour

for the banking system. run a recession, what's the loss of capital? a reverse stress test is not about setting capital standards. it's not about saying things need to make a certain capital test but the idea that a bank fails, one of the ways that could have happened? a bank failed, what are its deepest vulnerabilities? one of the shocks that it the bank that would end of having it fail? then you can say that's interesting, maybe the bank should think differently about risk you might say that would require such an enormous change in understanding the facts, we don't need to worry about that particular risk so it's using qualitative judgment to help risk managers and supervisors understand the way an institution might be affected and the reason it is important think about doing is as humans we are amazing at pattern recognition, phenomenal. we do it when we are babies and grow up and it keeps us out of trouble. you know not to put your hand on the oven, you learn basic patterns but we are not great at things

they had tejarat bank, sepeh bank, and export bank. how much is the percentage of sepeh bank, for example, noor bank, middle eastern bank, bank d, capital bank, new economy bank, their number is 10% this year, but our state banks have quotas compared to state banks. their shares it is less, but the 45 main banks that have a high share, thank god, the country has gone wrong, and giving installment payment facilities to banks whose shares are high , above the glass of the 2015 service has been solid. join the last train and our colleagues predicting the first stage of most of the banks towards not having an owner, you help the people themselves , the land, but in the past few months and the waste that is mostly done towards the projects that have a support package and today the school we had and the same issue help more to start projects the support of the national housing movement, mr. heydari, the secretary of the banks coordination council, is our line of communication. qitasi, please tell me that a week after the president ordered an

bank that do this. what is approved by the credit database established in the central bank is collected among the information inside the central bank , but the first credit rating company of iran was established for this purpose . how should they be, how should the model be, let's give him this information, process this information to get a credit rating for the person , it is the company's responsibility to communicate with you, how is it under the central bank, a private company, the company is a national company, that is, under the supervision of the central bank, and that on what basis are these ranks given to an individual? your credit rating, what is your rating? how many times have we had a model, a previous model, the amount of reliance on this model was very weak, and the variety of information we had from people was less than the previous model. find it, increase it, and this document was that different organizations had the information at their disposal, i would like to provide information ,

first of all bank accounts are just bank l all bank accounts are just bank accounts. if we take the coutts's case bank accounts with banks like brcai case bank accounts with banks like brca1 and other banks who have super duper rolls—royce type bank accounts with extra services for people who have a certain amount of money in their accounts. there is the standard bank account that other people have, there's a normal person on the street. now the expensive super—duper bank account requires you to keep a certain amount of money in it to make it viable for the bank. if you fall below that financial level the bank normally takes the view that you then get downgraded to a normal bank account. that's what coutts wanted to do with nigel faraj because they said he didn't have enough money. he effectively said, i don't think that's the real reason, which is why this is the genesis of this whole story. i think there is a critical issue about are we talking about someone who is being downgraded in the wealth system with the bank? are we talking about people who are actually bein

the operating banks, which is about the relationship between the operating banks, and the central bank, which actually enters the samas system in such a way that the banks enter all the contract information correctly into the samas system. if there is a possibility that the banks will actually provide the facilities, but within the scope of this information , thank you if you would like to have dinner with ab mirzapur. report dish specifications for activity what will be the economy for the people receiving the facility? greetings and respect to you, noble people of iran, and condolences to ayam hosseini . i wish for the acceptance of the condolences. help us to provide a one-rank facility for a person to a legal entity based on the credit rating of the economic and financial activities and the personal bank for the bank to be respected in such a way that the credit risk of this person in return for granting facilitation and reimbursement can help him can you clarify and introduce us, from an economic point of view, whether education, when it is paid for, has the power to repay the fac

banks -- peak for the u.s. banks. catching up with rising rates.ly the commentary out of the heads of those banks, particularly jamie dimon. it will be key to watch. within that as well, since march, there's been problems in the regional banks, if you bankruptcies. the first and if you years --. a few bankruptcies. the first in a few years. one to watch is commercial real estate. it is a problem of the regional banks. the most regional or local sector is realistic. most of the commercial real estate lies in the regional banks. that's going to be key to watch as well. >> so, it's interesting you say you are waiting for the fed's rate hiking cycle to end. then you will be ready to reduce your underweight on financials. so you're fundamentally positive here but it's timing. >> it's both. it's everything. at the moment, we think there's a bit of risk of a mild recession in the u.s. later into this year. that is one reason to be underweight financials. the data coming out this evening will be key to that. one thing we have seen in previous aggressive ra

with only handful of banks even servicing government. simply put, an anti-dst legislation will push numerous bidders out of the process entirely correct at best local governments would be left with one option to select from and would suffer from higher costs. at worst, we would receive no bids leaving us without servicing bank and changing local government as we know it. how will i pay my firefighters were multi week's assignment if i can't direct deposit because we don't have a bank? this reduction in size of the market for public banking services is a reality not hypothetical for local governments and states are anti-esg legislation has passed in addition to servicing bank fees, treasurers are responsible for the investment of public funds the foremost object in government investing is the safety of principal. this means mitigating and evaluating risk of investment decision in both the short-term and long-term care as a prudent fiduciary i believe climate risks are part of that analysis of safety that must be considered to honor my dut

april cash for the connected banking network a bank card is the same as a bank card. let's use it for a fuel card . according to the equipment available inside the country, we are trying to supply fuel. the manufacturer has been removed, there is no support, many times 95 96% of the equipment has been repaired at least four to five times, the excess has been completely removed, and the cartoon that was given later, the fuel card is removed in this way, and the bank card that we have anyway. we call , we draw cards, the money is calculated from the same friends the infrastructure is online, and this has been done. this incident will affect the country's internet for a few hours, that is, the communication infrastructure of the country's transmissions will suffer. thank you , mr. sharifi. i don't want to bring oil, there is a lot of distribution plan and we don't have any problem with the infrastructure. for a minute, i'm happy like security , if we answer those existing solutions , he pointed out that it might not be a problem. does not how many times, my dear mother,

you want a bank in north dakota have the same expense as a bank in new york a bank in florida, bankingif texas or bank in california you do not want variation depending upon which regional fed you are at or who is the president. presidents play an important role in the following way. the most important thing to take away is the support role. my job is to support the supervision the vice chair of supervision has set out. so how do i do that question how do all regional fed presidents do that? we staff the bank with people who can do the job. and do the job well. we ensure they are being the best in public service for doing what is required of them as supervisors we are interacting on a regular basis with the board because the board oversees these teams. when gaps are exposed we work collectively to fix them. or if we see gaps we raise into the pfister supervision and the supervisory staff so we can get better. the second role original bank president would play, that i play is banks into our system do not work in a vacuum, they work in the ecosystem of the company. one of things i take res

. banking services because the political— banking services because the political views, _ banking serviceswhoever- banking services because the political views, whoever theyj political views, whoever they are — political views, whoever they are. ., ., ., , ., are. for nigel farage, it is a personal— are. for nigel farage, it is a personal crusade _ are. for nigel farage, it is a personal crusade today, - are. for nigel farage, it is a l personal crusade today, banks are told they want to give customers more notice when they close accounts. relatively few complaints about disclosures, the watchdog last year, for many reasons, for the vast majority, it is business as usual. let's go back to the women's world cup which we set a new state as well because it could bring in a significant tourism boost for countries and australia and new zealand in the spring and kd who was river from sydney and a lot of tourists have been haven't they? it's about 55,000 national tourists to become frustrated in the— national tourists to become frustrated in the strip tourism australia is _ frustrated in the stri

needs to be looked upon bank by bank.better understand what is the capability of generating income going forward and also to absorb potential downturns in the institution. that will determine capital payouts. lizzy: is it fair to say the system has now stabilized after the u.s. regional banking crisis? jose: i think it is fair to say. it is true the contagion from the u.s. banks to the european banks has always been limited. the european bank system has remained stable and robust. going forward we have reason to believe that will continue to be the case. lizzy: european banking authority chair, jose men while manuel campa. we get second-quarter gdp at 10:00 u.k. time and a comes as weakness persists in germany. we are taking a closer look at the region's largest economy. >> the data in deutschland is -- >> pretty bad, i'm afraid. >> germany is the only g7 nation forecast contract this year. given the energy crisis that might not be a shock but the weak demand in china is not helping. big business is more optimistic. >> th

signature bank failed. it was a weekend. have a new facility opened. we have banks that were caught up in any spillovers, getting the liquidity they needed. that is a rapidity that is obvious. the question is, how do we bring that same sense of agile news -- agility, how do we bring that to our everyday work so we continue to do things as well and as studiously and as carefully as were used to and we still move actually threw them so we don't end up with a finding it is too deliberative. i would use a specific example but lessons that can be broader of this example, i mentioned we are always fighting the last war . if you think of the financial stability report, all the things we do after the financial crisis, we are very -- we have lots of study going out with a vulnerabilities and things but we also have to have an eye around the corner post of insured and uninsured deposits. the stickiness factor that we believe we had on uninsured deposits -- i believe banks believed they had it that we as regulators su

we lost union bank, u.s. bank and bank of america. there is one bank remaining in the bayview for 40 thousand people. we need the public bank to step in where the private market is not living up to what it needs to do. we have successful example at bank of north dakota and if they can do it, we can too. thank you very much. >> thank you. next speaker. >> good morning. my name is nancy habeer, a resident of district 7 and member of 350 san francisco and san francisco climate emergency coalition. i am here today to add my voice and enthusiastic support for the plan to establish a city owned municipal financial corporation and san francisco public bank. the plans represent a huge opportunity to change the ways we use our financial system to more directly benefit san francisco and all its residents. i'm excited to support city owned financial institutions that make possible the vital investments in our city that must happen in a timely way and with justice. investments in affordable housing, small businesses and green infrastructure inclu

is the best mobile bank.efrigerator is not enough. it's time to take care of your health. debikor helps to normalize cholesterol, sugar, improves metabolism in alpha-bank all transfers and payments without commission. order a free business handle what? it seems to me that it was difficult to imagine under such a socialist regime a little, i will get to the bottom of you. okay what kind of stability, and what kind of stability? on what horizon? can you now speak like a private bank? and in general, here we are now looking at the reports of banks and rejoice so now everything is fine. yes, such rapid growth. we hope that this growth will continue and continue, but at the same time there are forecasts that, in in general, it will end soon enough because of the low base effect and various other macroeconomic factors. what are you planning for yourself? for how long? and in general , it can already be said now that sanctions have not changed so much for the banking sector, not like that. it turned out to be a big

is expected legally, but some non-government banks are 13% of two banks, of which 11% of the sourcesattraction in the province are facing the projects of the province itself. there is a bank that returns only 6% of the chicken in kohgiluyeh and boyerahmad provinces, east azarbaijan province, chaharmahal and bakhtiari provinces. similarly, there are two banks that invest four and five percent of the deposits of the people of the province in the same province, but the continuation is strong or some banks have led. until the the minister of economy should act with a serious warning after the legal deadline for the banks to correct their practices if they do not comply with the 50% number of the central bank , the possibility of developing branches from the delinquent banks in the surrounding provinces from the league of sada and sima news agency. and the construction of housing for the third child became easier. according to the guidelines of the loan facility, the central bank granted the deposit for the purchase and construction of housing for applicants with a third child or more to

because banks bank accounts because the banks were might were worried they might end their were worried they for uk >> they made for the uk government might somehow up government might somehow end up breaching iran, breaching sanctions with iran, whatever. businesses breaching sanctions with iran, whateva. businesses breaching sanctions with iran, whateva small businesses breaching sanctions with iran, whateva small business, nesses breaching sanctions with iran, whateva small business, you es you as a small business, you lose bank account, lose your bank account, you close operate. close down, you cannot operate. >> and just and just just one more if that's okay. more to you. if that's okay. people will talk a lot about cancel a thing cancel culture. it's a big thing at the moment and my concern would that when people think, would be that when people think, oh, you know, someone like nigel farage, you'll get cancelled for his views and then it turns out he wins a loads of awards, a pubhc he wins a loads of awards, a public vote for because he's actually very popular and they think, you

the eight biggest banks.ley: i have had several analysts tell me that the smaller players will have to consolidate to deal with the higher regulatory and compliance costs. it's a question of the timeline. these meetings are happening today. the proposals have come out today. it could be years before they are implemented? michael: the joy of the bureaucracy. they are putting these out for comment. comments will be open until the end of november and you can bet that the banks are already submitting comments about this after x-ing out the cuss words. then agencies vote again. the proposals have a three-year phase in for banks. different for larger and smaller banks. the idea, according to the fbi see and the fed is that this is enough time for them to earn the extra capital. as they earn money they can set some aside. some banks they say probably already have enough money set aside that they can apply it to the equity capital and be fine. the hope is that it doesn't hit any of these banks too hard. the banks arg

the investment bank incorporate bank both beat.s been challenging across the industry but goldman sachs had an estimate down 18%. it came in down 10%, so a positive, not a status anticipated. you also saw within the earning structure the evolution of the business with a higher rate regime, you have the investment bank revenue that was lower than the private bank. that has to do with the follow-through of interest rate. you see that shift going forward. he says the outlook is clearing and there was a lot of negativity going into the quarter, and that is abating. i asked about the buyback outlook. the question is going forward, and he would not be nailed down on further buybacks but the market wants to know. manus: how'd -- lizzy: how do you play that into the comments yesterday that germany is stuck in a recession? >> what is interesting is basically with every gdp revision we get out of germany, it goes in and out of recession. a couple basis points above or below zero does not matter. it has to do with rates. sell the ecb say cred

in the bank ? name in the system the information that we have until 31 3 in the first year of the unpaid month in 1402 in 1402 to 31 trimester of my pregnancy number 60 and after after after the vaccine of 31 years old that i need information and checking the bank 2669 with it's been a day on 31st march, and the central bank's statistics authority would have come and we will check until it finds you. they left it until the walls of the schools went up, and autism, both in the school and in the medical school, passed their own until the end the lifetime of golestan province schools went to disadvantaged areas. children who don't have a father, children who don't have a room, children who don't have a recreational place in the village , we go to school under the pretext of going to school. where did i go? we started with the people there. the disabled girls built there . donors' donations for school construction reached 16 thousand billion tomans this year. they built 99 very dear schools for us, twi

banks, all u.s. banks don't necessarily need more capital at this point.hey don't need to address this issue right now. the stress test they would argue maybe proves that. what kind of push are going to get against this? is this going to be something that is on the rails now, or is it possible that they will be political pushback to what is being announced here? >> of course there will be. there has been already in the sense that people are worried about the midsized and smaller banks across the united states. there is this worry that you have a barbell economy with very, very small banks under $100 billion in very, very large banks. what michael barr is saying is that they can't anticipate all risks, so they have to focus on resilience, which is why they are asking people to keep more equity capital, in particular aside to whether a potential storm. there is an aspect here of the large trading desks, very importantly potentially facing more rules in this regime which would really change a lot of things for the bigger banks as well along with what the smal

the boss of one of the biggest banks in the _ the boss of one of the biggest banks in the uk _ the bossone of the biggest banks in the uk apologises _ the boss of one of the biggest banks in the uk apologises to _ the boss of one of the biggest banks in the uk apologises to nigel- the boss of one of the biggest banks in the uk apologises to nigel farage| in the uk apologises to nigel farage over the _ in the uk apologises to nigel farage over the closure _ in the uk apologises to nigel farage over the closure of— in the uk apologises to nigel farage over the closure of its _ in the uk apologises to nigel farage over the closure of its account, - over the closure of its account, saying comments made were deeply inappropriate. scorching temperatures soar and we will be in greece is another heat wave is on the way. record crowds and viewers are expected for the women's world cup which has begun in new zealand. we will be discussing the stories. our panelists — the guardian's andrew fisher who was formerly labour's director of policy and the political strategist and commentator rina shah. f

there will be variation from bank to bank.ven overall and a quarter you will see some banks go up and that is what think america was. it is not the largest bank so there is not really a bellwether for the market in morgan stanley and workman -- goldman sachs are better indicators overall. dani: bank of america has been underperforming this year and there is a valuation gap opening up given the numbers we have seen so far. should the gap start to close? octavio: i think it should and bank of america's results were very solid. i think the overall surprise with this banking sector is how well their net interest margins have held up in the amount of money they are making on bread and butter lending business. i thought we would start to see deposits shifting out the banks looking for higher returns and basically 0% checking account. jp morgan and bank of america have been able to hold onto deposits that are not just bearing which is helping the bottom line particularly in an environment they can lend out at higher rates. that is th

in this ratio , one non-state bank is 6% , another non-state bank is 5%, and another non-state bank is 3%. kermanshah also cast a shadow in another province. likewise, compared to state banks, 96 are at a higher level than what is expected legally, but some non-state banks are 13% of two banks, which are 11% of the sources of attraction in the province. the projects of the province are related to a bank only 6% of the capital of kohgiluyeh province and boyar ahmad province of east azarbaijan province, chaharmahal and bakhtiari province, in the same way, there are two banks that invest four and five percent of the deposits of the people of the province in the same province, but the continuation is strong, or some banks led to the minister of economy with a serious warning should come into action after the legal deadline for the banks to correct their own practice if they do not observe the 50% number of the central bank . third the loan of the central bank of the amendment to the instructions for the loan facility and the deposit for the purchase and construction of housing for applican

because banks bank accounts because the banks were might were worried they might end their were worried they for uk >> they made for the uk government might somehow up government might somehow end up breaching iran, breaching sanctions with iran, whatever. businesses breaching sanctions with iran, whateva. businesses breaching sanctions with iran, whateva small businesses breaching sanctions with iran, whateva small business, nesses breaching sanctions with iran, whateva small business, you es you as a small business, you lose bank account, lose your bank account, you close operate. close down, you cannot operate. >> and just and just just one more if that's okay. more to you. if that's okay. people will talk a lot about cancel a thing cancel culture. it's a big thing at the moment and my concern would that when people think, would be that when people think, oh, you know, someone like nigel farage, you'll get cancelled for his views and then it turns out he wins a loads of awards, a pubhc he wins a loads of awards, a public vote for because he's actually very popular and they think, you

bank. as part of the holistic review, i will -- i have a whether to adjust leverage ratio. some have argued that when banks are close to the slr, it has reduced market intermediation. the evidence on that is inconclusive. to the extent it matters, the revisions and risk-based capital requirements i discussed today would mean it would generally not act as the binding constraint to the holding company level. to the extent there are problems of treasury market intermediation the future for which the eslr might matter, the board can consider an adjustment. a related proposal to these on capital would be to introduce a long-term requirement for all large banks. long-term debt improves the ability of a bank to be resolved upon failure because the long-term debt can be converted to equities and used to observe losses. such a measure would reduce losses by the fdic insurance deposit fund and provide the fbi see with additional options for struck -- restructuring selling or winding down a failed ban

we have the big banks already but are not quite done with the big banks yet. we still have to get results from the regional banks, more coming up throughout the next several days after the biggest ones just wrapped up earnings with goldman rounding things out this morning. here is what david solomon had to say about their tough quarter. >> several items related -- impacted results. in particular, shifting our asset wealth management business and the pivot to narrow consumer ambition. kailey: joining us as gerard cassidy of rbc. there is what david solomon just said and you also have to factor in the hit from real estate and the broader slowdown in dealmaking. is this is bad as it gets for goldman? are they now through the worst yahoo! gerard: -- worst? gerard: we hope so. market conditions have been impacting investment banks. look at advisory revenues for all five of the big investment banks, we point to the fact that they were down for all of them. one of the green shoots we heard on a couple of the calls was the museum business was actually for most of thos

banks, particularly private banks like this, — banks, particularly private banks like this, they do havee people they are doing business with. they have a requirement to know your customer, do anti—money laundering. there requirement to know your customer, do anti-money laundering.— do anti-money laundering. there is to different — do anti-money laundering. there is to different things, _ do anti-money laundering. there is to different things, if— do anti-money laundering. there is to different things, if they - do anti-money laundering. there is to different things, if they were - to different things, if they were refusing and terminating the relationship on the basis that he was not banking enough money, why go through all the detail of producing what was meant to be an internal report? just for their comfort? i think it'sjust for their information. it's clear from the report— information. it's clear from the report that they made the decision some _ report that they made the decision sometime — report that they made the decision some time ago not to continue the relationship when the

it will be fine, i will fill up the gas, bank card like this, not a bank card, you will fill the gast and all the managers of the national oil products distribution company have it. their import made people wait for months to receive cards sohot burj 5 is waiting for the delivery of the isfahan event fuel card. i still haven't received it. how to register for a fuel card. my fuel card has not arrived. the distribution of the product is in the same officials who started the process of replacing the bank card with a fuel card in 2017 until 2019. inter, we are not responsible for the implementation of the plan. ruqiyeh hoyda , sed and sima news agency. let's take my colleague together. as you saw, it was promised that this will happen by the end of july. until now, i couldn't clarify the answer. here is the second lesson. economy mr. nobakht, the spokesman of the guild the position of the country's fuel owners is present, as well as mr. seyed masoud sharifi, political secretary of the digital economy regulatory policy staff of the presidential scientific vice president. find out nafti a

bank of america was pieced together out of 47 banks.ng a lot to do with that on the northeast coast. there will be a discussion monday, tuesday. wednesday there will not be any discussion but the future of the house that weinberg built. i think it will be key, the messaging of goldman sachs and how it is taken on wednesday. jonathan: and david solomon. the bar has been set so low. tom: there is a crew that says this guy has been tarred and feathered, lloyd blankfein screw this up, david solomon did not. i think wednesday is more important than we think. lisa: at some point -- jonathan: at some point you own it. tom: the bottom line is that is the zeitgeist from a certain group and we will have to see. that is all there is to it. futures have improved. jp morgan alone has lifted futures. someone who is logging this is an expert on it for bloomberg news. he is doing the zeitgeist but also the reporting. what is the immediate reporting of the future of the leadership of goldman sachs. sree: let's look at what jp morgan posted. when you hav

, de banking goes in bank, i mean de banking goes in one sense and it could in one sense and it couldo in another well. but you another sense as well. but you see this is why i say that's why i'm happy to, to declare an interest. i happy with the interest. i am happy with the service. i have had over 60 or 70 years from this great conglomerate which is now natwest. now is that very boring to say that? >> no, but be your >> no, but to be fair, your values would fit in with their values. remainer . yeah. values. you're a remainer. yeah. youn values. you're a remainer. yeah. your. your an environmentalist. an environmentalist ? yes. all of an environmentalist? yes. all of those things. >> well , you see, i those things. >> well, you see, i didn't know until i started following this story . it's difficult not to story. it's difficult not to follow it now that coutts and let's expand this natwest and let's expand this natwest and let's expand this natwest and let's expand that because after all the taxpayer owns quite a lot of natwest like 49. yeah thank you for all. well maybe am i to say

with regional banks, a lot of— regional banks. with regional banks, a lot of the _ regional banks. of the money coming into regional banks is at superhigh interest— regional banks is at superhigh interest rates. they are making investors— interest rates. they are making investors look better. it interest rates. they are making investors look better.— interest rates. they are making investors look better. it looks as if the fed has _ investors look better. it looks as if the fed has teamed _ investors look better. it looks as if the fed has teamed inflation, | investors look better. it looks as. if the fed has teamed inflation, is the worst of the cost of living crisis over? i the worst of the cost of living crisis over?— the worst of the cost of living crisis over? ., �* ~ ., , ., crisis over? i don't know. everyone thinks of it — crisis over? i don't know. everyone thinks of it as _ crisis over? i don't know. everyone thinks of it as a _ crisis over? i don't know. everyone thinks of it as a peak _ crisis over? i don't know. everyone thinks of it as a peak and _ crisis over? i don'

, natwest, he was banking with coutts, a bank for very wealthy people.ting this letter to nigel farge apologising for some of those comments. natwest realising i think that the contents of that document being released the bank felt didn't reflect well on itself. ., ~' , ., in india a video of two women being paraded naked through the streets in the state of manipur — has caused outrage across the country. the prime minister, narendra modi, has called the incident shameful. according to police the assault happened in manipur — a state in northeast india on the 4th of may. indiginous leaders say, the women were also gang raped. here is the prime minister speaking earlier. translation: today my heart is full of pain and anger. - the incident that has come to light in manipur is a shameful incident for any civilised society. in this country, in any corner of this country, in any state government, rising above politics, there is the importance of law and order and respect for women. i want to reassure people that no culprit will be spared. the law with all it

and this applies to people contacted us from national banks, large banks, challenger banks, online banksit's not limited specifically to a particular bank. specifically to a particular bank . it's limited to the system bank. it's limited to the system of banking whereby a lot of people have and money laundering fears and any bank taking cash and people who work in fossil fuel industries and even customers investing in crypto have had their accounts removed. >> there are so many reasons being used here, aren't there? >> there are. and i think no one tends to argue that if someone is overtly and clearly doing something illegal, there's precedent and precedent to investigate and close. course. but in close. yeah, of course. but in the where there's just the case where there's just nothing proven, it becomes very difficult for a start up because if someone's starting a business here in the uk, which traditionally been great traditionally has been a great place build and grow a place to build and grow a business, traditionally it has traditionally very traditionally been a very good place to

bank them.i found interesting about the farage story is why they should suddenly decide that, well, we've got probably about 30 or 40,000 clients who don't qualify , but they're happy don't qualify, but they're happy to keep 39,999 and then decide, well, actually nigel farage, we're going to boot out the largest client segment is staff. so the single largest group of accounts are held by staff, hardly any of whom would actually qualify for an account. but i mean more broadly i left coutts to write a book about george orwell, big , coutts to write a book about george orwell, big, big figure in terms of totalitarianism , in terms of totalitarianism, cancel culture. so i went around the world visiting everywhere he lived, called the orwell tour. and one of things that i and one of the things that i think so relevant about think is so relevant about it, orwell, that he warned us orwell, is that he warned us what would like if what society would be like if you gave too much power to certain instituti

we're trying to open a bank account. we're being sent from bank to bank.to do i hope. i hope we'll to do so? i hope. i hope we'll get there trying with natwest at the moment. get there trying with natwest at the mcwhether you might be >> so whether you might be wasting your time. >> so we'll there clearly is >> so we'll see there clearly is a mean, the good news a problem. i mean, the good news is and you know, this all started year ago. you started a year ago. do you remember paypal business? remember the paypal business? paypal down accounts paypal closed down the accounts of union us them of free speech union us for them anti—lockdown free speech organisations. raised in organisations. i raised that in parliament. it is now a year ago the government has responded and what we heard today is that what what we heard today is that probably in light of what's been going on with and others, of going on with you and others, of course a whole of course there's a whole host of others as you know, they are going initiate changes the going to initiate changes to t

and, a silicon valley bank, and signature bank, those in charge push their banks to grow too big too fast. they make risky bets, they got massive profits, executives were paying themselves bonuses right up until the moment that at least one of these banks crashed. to most americans, that is not surprising. people have gotten all too used to big bankers treating the industry more like a game, or maybe more precisely, endless atm for themselves, securing the knowledge that they won't pay any real price if things go wrong. mr. powell, mr. chairman, senators got 19 back with a 21 to 2 vote yesterday, those days for bank executives are over. chair powell, i look forward to hearing today how the federal protect american workers in the fight against inflation and promote an economy with a strong growing middle class. sarah scott? >> thank, you chairman. tara powell, thank you for joining us today. such an important time. your last appearance before this committee was about four months ago, just days before the collapse of two banks, and what we continue to investigate those bank failures, i

bank.e regulates banks like agents. these are the financial agents of the market, and specific lending operations for settlements on deposits for other banks will not be able to do this on their own. why not load with these functions a platform that will perform the functions of such a single large bank, that is, we in my opinion, the central bank generally descends. that's where it is at the level of commercial banks and becomes a full-fledged player. no, the central bank is creating this platform there, well, just like. why don't you protest against the fast payment platform then? yes, it's the same only electronic. it's this tool. this remedy is good such a question. that's just for understanding, and one of the theses of the central bank was, but that even if there is no communication infrastructure, that is, there is no access to the internet , electronic wallets of citizens. yes, well, that is, that it is there, as everyone is already familiar with, probably a flash drive. something e

lisa: are we basically seeing the big banks when as the smaller banks loss -- is the smaller bank's lossstopher: i don't think so. i thing the smaller banks had the better loan growth for second-quarter data from the fed. if you look at through the end of june, small banks grew faster and banks were flat on the large side. deposits are about the same. we have not seen a big dichotomy between large and small. i think every institution across all asset sizes are paying out for funds. that is translated into more stable deposits. lisa: hearing from brian moynihan that we deliver the strongest quarters net income periods in the history of the company, similar with interest from the other biggest banks including jp morgan. do you expect this to continue? is this something that can be persistent or is it legacy of them not increasing the interest rates as quickly on deposits as they reap the benefits from certain loans they have underwritten? christopher: i think it has a lot to do with credit quality being good. banks are not writing a whole lot off their building reserves in general. you see

and this applies to people contacted us from national banks, large banks, challenger banks, online banksit's not limited specifically to a particular bank. specifically to a particular bank . it's limited to the system bank. it's limited to the system of banking whereby a lot of people have and money laundering fears and any bank taking cash and people who work in fossil fuel industries and even customers investing in crypto have had their accounts removed. >> there are so many reasons being used here, aren't there? >> there are. and i think no one tends to argue that if someone is overtly and clearly doing something illegal, there's precedent and precedent to investigate and close. course. but in close. yeah, of course. but in the where there's just the case where there's just nothing proven, it becomes very difficult for a start up because if someone's starting a business here in the uk, which traditionally been great traditionally has been a great place build and grow a place to build and grow a business, traditionally it has traditionally very traditionally been a very good place to

we're trying to open a bank account. we're being sent from bank to bank.do i hope. i hope we'll to do so? i hope. i hope we'll get there trying with natwest at the moment. get there trying with natwest at the mcwhether you might be >> so whether you might be wasting your time. >> so we'll there clearly is >> so we'll see there clearly is a mean, the good news a problem. i mean, the good news is and you know, this all started year ago. you started a year ago. do you remember paypal business? remember the paypal business? paypal accounts paypal closed down the accounts of speech union us them of free speech union us for them anti—lockdown free speech organisations. raised in organisations. i raised that in parliament. it is now a year ago the government has responded and what we heard today is that what what we heard today is that probably in light of what's been going on with and others, of going on with you and others, of course a whole course there's a whole host of others you they are others as you know, they are going initiate changes to the going to in

well banks like bank of america or regional bank, u.s.ng numbers later this week along with fifth third. >> what happens survey finding americans increasingly likely to get turned down applying for alone due to rates more cautious rejection rate droppings nearly 22% through june highest level in five years how far would you assess the credit and tightening that we've seen? >> it is a normal reaction that we have seen in past cycles maria. especially when it comes to people looking at maybe not a soft landing but something of a harder landing. banks have to be more conservative going into the areas i would suggest should economy truly go into a soft landing in 2024 not a hard landing i would under writing to soften up right now very flernt in the economy as a result they are taking a cautious attitude toward under writing therefor, the more rejections are happening because of that cautious approach. >> do you think we are going to hit a recession how do you assess the macrostory then? >> so it is really interesting the president said most

time to kick the politics out of banks and launch a woke free bank. perhaps even calling it the bank of nigel. and now, before you think i've been drinking, i suggested it the drinking, i suggested it to the big earlier. he quite likes big man earlier. he quite likes the and as new report the idea. and as a new report shows, 20 renters are chasing every property that comes onto the market. has britain been caught a perfect storm of caught in a perfect storm of soaring immigration and liberal nimbyism? soaring immigration and liberal nimbyism.7 have you been struggling to find a home recently? if so, we'd like to hear from you. vaiews@gbnews.com next, as the un recommends banning smart phones from classrooms , asking phones from classrooms, asking why the heck were they even allowed in classrooms in the first place? and they're back . first place? and they're back. yes, the sussexes are backing a ridiculous campaign, calling for gender stereotypes in advertising to be smashed. and i say let's bring back ads for when men were real men. all of that to co

yet opposite politicians need bank accounts . politicians need bank accounts. as i asked the prime minister earlier today, does my right hon . friend agree with me that however much we may find, how much we may find them tiresome, many leaders of the opposition deserve bank accounts. the maniac fear mongers have been undermined once again by the truth . everywhere from the truth. everywhere from the channel to god's own county of somerset is exuding good news. goods crossing the channel tunnel and back to the same speed as the pre—brexit days. meanwhile a mighty battery factory has been confirmed to be built in somerset. hurrah! creating thousands of jobs as the bbc would say, in spite of brexit and how could it be that this great nation became the european capital of working from home? 40% of civil servants continue to enjoy the sunshine, but it seems the private sector has been infected too. britain must shed itself of this low productivity mentality and get back into the office state of the nation starts now . the nation starts now. i'll also be joined by an