banker

The country's dishonest bankers and shady mortgage-brokers never seem to be touched by economic cycles that grind other Americans down.

The proposal was the buzz among the assembled central bankers as they focused on how to deal with the next cycle.

Since the draft regulations came out last month, bankers have been warning that it would hit liquidity from equities to corporate bonds.

But all of this noise and fury, it seems to me, is dancing around the same question: are London's investment bankers paid too much?

'It would have been impossible, ' he said, 'to say to bankers, we're not going to participate . . . and expect to have any people left. '

But just because investing in railways is seen by bankers as something of a political task does not mean they are throwing their money away.

As a dozen bankers awaited an important meeting with him, he retired to his bedroom, lay in bed, and shot himself in the heart.

How much can the central bankers do?

Mervyn King, the governor of the Bank of England, is among the world's most influential central bankers and leading policy economists.

Some argue that the market has learned its lesson, although even the bankers do not sound all that convinced.

Economists said the surge in inflation also presented Asian central bankers with a conundrum that went against their instincts.

"Going forward" is so infectious that it has spread from inarticulate bankers and analysts to people who once had a fine way with words.

Talk to bankers and the conversation is as it always was - assertive, gossip-filled and permanently ready to bash rivals.

Or were they just being bankers, trying to squeeze more money out of the deal with some 11th-hour brinkmanship?

Whatever the merits of these points, they were not what these characters were saying only a few years ago about bankers or wealth creation.

Prudential declined to specify how much it had paid the exchanges, bankers and lawyers to introduce its shares to Hong Kong and Singapore.

One of the next big steps for the market is likely to be the first renminbi bond sale by a foreign company, bankers say.

after all, it isn't easy to ask soldiers or bankers to broaden their vision.

For over a year, since August 2007, central bankers, principally Mr Bernanke, have been trying to make this toxic debt liquid.

John McCain and Barack Obama talk as if it was all down to the greed of modern bankers.

It is possible to put a positive spin on anything, as the desperately positive recent comments of some central bankers have shown.

For the moment, though, I cannot think of a more popular policy than shooting the bankers and nationalising the banks.

One of Warburg's maxims was that bankers never got ill from overwork, but only from bad organisation or bad business.

One reason may be ignorance: most bankers do not know the Austrian theory of the business cycle.

Bankers had become a "convenient scapegoat" for politicians, regulators, central bankers and the media, he said.

Besides, central bankers are more accustomed to trying to take away the punch bowl than mixing the drinks.

BP has several options for asset sales, said bankers familiar with the matter.

Governments are already trying to deal with public anger about manifestly unfair gains by capping bankers' bonuses.

Classic economic theory says that money supply can be used to stimulate the economy and our central bankers seem to agree.

But bankers said the scheme would evolve and might be only as large as demand requires.

"By evening a bridge loan could be ready as well as an agreement to not call the debt for the time being, " one of the bankers said.

Sneaky bankers were trying to circumvent the protest by claiming to be architects or engineers, the sex-workers said.

In a sign that she wants to improve relations, she called leading bankers on the day of her appointment.

Bankers said the pick-up in bond yields had been a big factor in attracting investors.

It is thus easy to put bankers, traders, excessive compensation , derivative products and general financial hubris in the same bag.

Mr Ricci and his team had to move swiftly because rivals were circling, trying to lure away clients and star bankers.

But they also count on investment bankers to structure financial deals in the best interest of the company and its shareholders.

Bankers warned yesterday that this trend was a creeping form of protectionism that could plunge the world into a deeper economic slump.

Now the bankers, like the rest of us, may simply have to lower their sights a bit.

The turbulence this summer is one of those periodic episodes which force the mysterious brotherhood of central bankers out of the shadows.

Any sense of balance has been lost -- the baby is going out with the dirty bath water, bankers say.

This is a unique attribute that is often difficult for the layman to understand and that occasionally even baffles bankers.

and since this came at the expense of everyone else, it is often presumed that bankers were deliberately hiding their complex games.

Given all these disadvantages, central bankers seem to have had much to boast about of late.

And far from being ready to take on the globe, most emerging-market bankers are consumed by their colossal and growing businesses at home.

As for bankers, there seems to be another psychological factor at work: a powerful sense of entitlement.

And the gloom cannot be magicked away by America's central bankers, as euphoric investors seemed to think back in September.

At a conference in London several leading bankers criticised new proposals for regulating banks that are "too big to fail" .

Mr Kerviel, who has become something of a popular hero in France for outwitting fat-cat bankers, is appealing against the decision.

The American Bankers Association, which represents the biggest credit card issuers, said the law will transform the credit card industry.

Mr. Flowers and a team of bankers were trying to arrange a last-minute buyout of Bear Stearns Cos. , the struggling investment bank.

It is not enough to say bankers are paid "obscene" amounts of money compared to doctors, nurses, teachers (or MPs and journalists).

We have discussed the matter with quite a number of bankers.

But people close to the situation said the shareholders and the company's bankers had been working overtime to get the listing done.

The second reason was that the bankers simply did not recognise the risks they were taking.

Politicians have become more attracted by the wicked bankers line as time has passed and elections have had to be surmounted.

In the US the noise about bankers' salaries is as loud as, if not louder than, it is in Europe.

Since the acquisition, Nomura has continued to expand its international operations aggressively, recruiting teams of bankers from rivals.

WALL STREET is often criticised for heaping gold on bankers in fat years, but failing to penalise them in lean ones.

Since the bankers had taken a big gamble by signing on without seeing the bottom line, he said, he'd go straight to the numbers.

Though American Express seems to be doing well on its own some bankers think such a merger would make a good deal of sense.

Bankers are pitching for a mandate to carry out the share sale this week and early next week, said one person familiar with the matter.

At least as long as the memories of the latest crisis are fresh, bankers are likely to be more cautious than before.

If this were just a case of hedge-fund managers and bankers spending their bonuses, then the bubble argument would have great power.

Not everyone makes a permanent escape, with many bankers returning to the industry within a year or two of their departures.

Bankers warned of a much more catastrophic response if it looked as though the deal would actually fail.

Like bankers, top footballers are massively overpaid, but at least you comprehend what they're doing for the money.

However, one person familiar with the matter said: "Fred is keen to set up a fund like all the Goldman China bankers before him. "

For bankers in London facing layoffs, there might be a savior. China.

Moreover, the bankers actively sold them to investors; they did not essentially accommodate investor needs, as they might with IBM shares.

Bankers said the growing amount of cash on balance sheets was likely to put companies under pressure to utilise it.

Conservative central bankers worry that it would still break the rule that bans direct purchases by the ECB, in spirit at least.

The dreamers are the central bankers, bureaucrats and politicians (not just in Europe) who believe bad debts do not need to be written down.

Downing Street is quietly confident that senior British bankers will soon come out in support of measures to build such a fund.

Bankers and investors are lining up to put together financing deals when better market visibility emerges.

Just as an inflation target is important, but does not by itself make central bankers credible, so a fiscal rule is a start, not a cure-all.

We have entrepreneurs and investment bankers but the attitude is all the same: He's fashion-conscious but he's not a fashionista.

Such a gradual approach is the kind of policymaking central bankers around the world prefer.

In late summer, as Europe's economies barely ticked over, bankers across Europe seemed ready to ease their grip on the purse strings.

Regulators and bankers fear that this "mark-to-market" approach is helping to turn a liquidity crisis into a solvency one.

Just a few weeks ago western bankers were lining up in the Gulf in a bid to raise rescue financing for ailing institutions.

Until recently, central bankers thought that this thug had been locked up for life.

Once the commodity market had been made to look more like the stock market, bankers could expect new influxes of ready cash.

He did not even think he was wealthy enough to meet what he perceived as the very lofty entry requirements of most private bankers.

you know that with bankers nothing but a written document will be valid .

At the time, more than a fifth of the bank's portfolio was, as bankers say, "non-performing. "

Investment bankers are losing their jobs or at least seeing their bonuses cut, and hedge-fund managers are going out of business.

Inflation is up in the U. K. and price acceleration in Europe is now running ahead of central bankers' targets.

However, Wall Street bankers said the compensation practices mirrored existing best practice among leading financial groups.

Participants and bankers are calling this, informally, the 'if in doubt, take it out' approach, essentially easing the impact of the rules.

Central bankers will find it harder to know how they are affecting monetary conditions or to be clear about what they are doing.

And central bankers are loath to seem to be responding to the latest ups and downs of financial markets.

Italian bankers and politicians came out so strongly in support of ENEL that it is now in a stronger position to bid for Suez.

Bankers say the pipeline for emerging market IPOs is strong, with a large number of deals expected over the next two months.

The Panic galvanized the big bankers to put on a concerted putsch for a Lender of Last Resort in the shape of a central bank.

The decision of Greece, and its bankers, to ask Beijing for cash to fund its yawning fiscal deficit should come as no surprise.

The essence of the far right is to be anti-establishment, with leaders railing against corrupt elites who have sold out to foreign bankers.

One of his bosses at Bankers Trust once told him, "There are no markets outside the United States. "

One is fairly basic: bankers are nervous that borrowers who look solid today may not turn out to be so solid.

At the heart of the discussions among finance ministers and central bankers are the foreign-exchange policies of China and Japan.

OPEC's delegates are not the only ones in a muddle. Bankers' predictions of next year's oil price range from less than $50 to over $100.

The fate of Mr Bengdara is attracting much attention but bankers say he was already on his way out before the crisis.

Republicans, big bankers, and Wall Street, and the pharmaceutical and health-insurance industries see Mr. Obama as the enemy.

Tomorrow's central bankers will need to understand the complexities of financial markets and regulation better than their predecessors.

The hope was that the exclusive club of finance ministers and central bankers would meet and provide concrete plans to tackle the crisis.

Foreign bankers said the likely pace of expansion remained uncertain as China had yet to issue detailed implementation guidelines.

All the bankers said to their clients, "Get out of the dollars and go and invest somewhere else. "

There was a time when novice bankers were taught that illiquid or highly volatile assets should play little part on bank balance sheets.

Last details were expected to be cleared among the 30 creditor banks by the end of the day, the bankers told Reuters on Tuesday.

Nurses enjoy life more than bankers, and it helps to be religious, sexually active and a college graduate with a short commute to work.

It may turn out to be a threat to the commercial bankers, yet an opportunity to investment ones.

But bankers seem suddenly alive to the possibility that demand for shipping may be slowing just as the supply of ships is increasing.

Did those conservative Swiss bankers panic and unnecessarily give away a chunk of the bank owned by existing shareholders?

For our business and financial standing, we may refer you to our bankers, The Bank of China, Head Office, Beijing.

The alphabetically disadvantaged may not become presidents, central bankers or rich, but they seem to thrive at running firms.

Indeed, many bankers are now trying to find ways to make securitised products attractive to investors again.

Both the central bankers and the Germans hate this idea, but it's the only plausible way the euro might be saved.

Inelasticity was scarcely the only reason for the discontent of the Wall Street bankers with the status quo.

Europe's high unemployment, the central bankers declare, is nothing to do with macroeconomic policy: it is solely a "structural" problem.

The financial crisis revealed that top bankers were fabulously remunerated for doing what turned out to be a lousy job.

True, it has become fashionable to bash bankers and to call for greater international supervision of the financial system.

But bankers say managers of these firms are increasingly using more sophisticated financial tactics to best one another.

Perhaps it never occurred to the bankers involved that people would pay so much for such a risky stock.

Financial innovation changed from a tool to facilitate capital flows into a moneymaking technique for the bankers and their shareholders.

Payment may be made by cash and check but only accepted with a Bankers' Card covering the total value of the check.

The point needs to be brought home in equal measure to legislators, chief executives and bankers.

The crisis does not seem to have affected the way bankers are rewarded.

Both actual price rises and fears of future inflation threaten to put central bankers around the world in a tough spot.

CENTRAL bankers in Western countries are getting used to the idea that part of their job is to try to raise animal spirits after a slump.

Vilified, and with the prospect of fabulous riches fading fast, bankers around the world are having second thoughts about their profession.

JPMorgan insiders said some bankers in London, where Mr Winters was based, were dismayed by the decision to oust him.

It would also be a natural step for a family-owned firm of this size, bankers say.

Credit Suisse is also trying to cast a wider net by hiring former investment bankers or retail bankers, who want to make a career change.

He starts with a little humility. He understands that "people are pissed off, mad, and bent out of shape" at bankers' actions.

However, I would be careful about drawing together the MPs' expenses row, bankers and phone-hackers in all this.

Like most of the people they regulated, the central bankers did not factor in the full effects of a liquidity squeeze.

StanChart, he said, had lost out to Asian rivals in battles to recruit bankers because the FSA code bans it from paying guaranteed bonuses.

JPMorgan insides said some bankers in London, where Mr Winters was based, were dismayed by the decision to oust him.

Unhappy though they are with much of the bill, bankers know it could have been a lot worse.

The public in much of the world now understands that central bankers will be allowed to do their work without interference from politicians.

Bankers say that there is no shortage of bank credit, but a shortage of bankable propositions from the business side.

Over the past couple of years, or since the financial crisis occurred, there has been an explosion of anger about what bankers have done.

Ireland's so-called Celtic Tiger turned out to be a low-tax haven fueled by property speculators and selfish bankers.

If angry European politicians and bankers do not watch out, they will encourage such a reaction.

I thought bankers were all supposed to be heartless bastards.

Indeed, since the end of July, discussions about large private equity takeovers have virtually ground to a halt, say Wall Street bankers.

Bankers say that the listing is likely to take place by the beginning of September.

Not unreasonably, some ask why bankers should get a bonus at all after a rotten year like this.

December is usually a time when bankers crowd the showrooms and aisles shopping for their next big bonus toys.

He began fixing the compliance problems that led to the tax charges, figuring out which bankers to keep, and containing costs.

In the case of the bankers, most of us are agreed on the direction of travel, if not the speed.

Wall Street bankers should calculate the total amount spent on lobbyists to create tax exemptions and give this to the poor.

First, spreads on credit that took no account of default probabilities (bankers have been doing this for centuries, but not on this scale).

Their message was simple: the poor and the workers are being made to pay for the sins of the bankers and the speculators.

However, bankers and analysts warned that CIT might not be regarded as systemically important enough to qualify for a government rescue.

This week the bank held its annual meeting in Shanghai, accompanied by legions of ministers, central bankers and businessmen.

It needs them to do this in a secure, transparent way and for bankers and shareholders to be appropriately rewarded for so doing.

But bankers said the combined figure appeared high in relation to the estimated total pipeline figures.

Bankers did what they were allowed to do under the law. Politicians did what they thought the system asked of them.

Bankers circumvented the last lot of Basel rules, and regulators will have to watch out for attempts to do the same this time around.

Although the ECB and the Bank of England have sounded sanguine about tightening credit, central bankers are not entirely unperturbed.

In the United States, a university professor can go when the company managers, bankers may night between diverted when farmers. Former U.

BANKERS, frauds , predatory insurers: there has been a stampede to punish the villains of the global meltdown.

It could safeguard irresponsible bankers' jobs, while doing little to stop troubled mortgage debtors from being thrown out of their homes.

In an age of globalization, central bankers can't just look at inflation as a yardstick, economists said in Kuala Lumpur.

Yet central bankers should not be very alarmed either by the scale or by the dynamics of overall inflation.

Main street America did not vote to throw out the capitalist baby with the bankers' bathwater.

eligible bankers ' acceptance in the Bank's open market operations has declined to an insignificant level.

In equities, pay is expected to shrink 29% from a year earlier, while investment bankers are expected to take a 14% haircut.

Indeed, it is not surprising to hear from bankers that some of their clients are scrambling to catch up.

All this has been swept away along with the $10m bonuses that Wall Street investment bankers had come to regard as a birthright.

However, senior bankers said such a facility would only be made available to another US institution, rather than an international lender.

Spared western problems like an open system, stupid regulators, and malevolent bankers, China has dodged a reckoning.

Even some who believe that we are back in a bubble say central bankers have little choice, such is the scale of the downturn.

Beyond that, bankers in London already have seen where popular anger at the financial industry can lead.

Bankers who can raise funding in Asia are being lauded within the organization, he said.

Nor, as far as we know, did his bankers or accountants evince the least bit of curiosity about seeing these places.

King Edward III of England was an early example, repudiating his debt to Florentine bankers back in 1339.

Investment bankers in London, for instance, often work with bankers in Jersey on mergers and acquisitions.

In spite of the troubled environment, market rates for bankers have been running close to the boom-time highs of two years ago.

On the contrary, it is often bankers and entrepreneurs who earn the highest income.

By September, all investment bankers have started to lobby as if their lives depended on it.

Central bankers can only do so much to bring balance to unbalanced economies, rich or poor.

Morgan Stanley has already said it plans to double the number of its private bankers in the region in the next three years.

A week ago, management of Renren, the Chinese social networking site, and its bankers must have breathed a sigh of relief.

That's not the style of central bankers and finance ministers, at least in official sessions.

Like the monetary-policy committee, the financial version will contain external experts as well as central bankers.

Lisle said. The firm has 30 bankers in Australia, so the Perth office could end up representing nearly 20% of its national presence.

Central bankers from Israel to Brazil spoke up in favour of discouraging bubbles and questioned the Fed's approach.

couple of years ago, publicly quoted Chinese mega-banks were just a glimmer in investment bankers' eyes.

Today, bankers and traders sit at the top of the food chain -- the carnivores of the system, devouring everyone and everything below.

We have had enough clever schemes to protect bankers by shifting the cost of profligacy to the prudent citizenry.

Bankers are desperately trying to placate their critics.

The Mortgage Bankers Association reported that between April and June, almost ten percent of homeowners were at least one month late.

Regardless of their fates, the moral of the story is obvious. Listen a little more to shareholders, and a little less to investment bankers.

For the moment, the dollar's decline is reflecting investors' expectations of Fed policy rather than tying the central bankers' hands.

The report into Lehman's failure will no doubt prompt much snorting about swindling investment bankers.

They were community activists as well as bankers, with a passion for changing the economic future of inner-city neighborhoods.

Fear that these obligations could not be paid caused American bankers further to call loans to amass liquid reserves .

Lord knows I suffer from the riches of bankers, like everyone who lives in London or New York alongside them.

Having spent so much of his time in government cultivating the City of London, Mr Brown now fears being seen as too soft on bankers.

For some bankers, sustainability is still just another product attribute necessary to win lucrative mandates.

theorized this week that central bankers did not see enough evidence in recent reports to force a policy change.

Which means that bankers in London who met with Saif should have reported any sums involved, and frozen them.

Soon after missing out on AgBank's IPO, the largest in history, two senior bankers left UBS's equity capital markets group last May.

Bankers said the July trends had continued into August and would hit smaller companies hardest.

Not to mention that Japan's airlines and hotels could do with the custom of a few more M&A bankers.

We've seen you with vomit in your hair, making out with investment bankers in the men's room at P. J. Clarke's.

The dislike of bankers is really visceral at the moment, and I understand that.

Also attending the meeting were government officials, businessmen and bankers from different parts of the country.

In the meantime, bankers in London are preparing to exploit any transatlantic regulatory gaps.

Analysts not only read all they can, they meet with government officials and central bankers at least once a year, says Cavanaugh.

Attending the meeting were government officials, businessmen and bankers from different parts of the country.

Whatever such people may say, they will always find reasons to say no to any actual proposal to rein in runaway bankers.

Investors, however, complain that bankers' high bonuses did not save Lehman or Bear Stearns.

The New York Fed said it were unable to verify that the conversation with Merrill Lynch bankers took place.

Run your business like a business. While other sellers may be keeping less-than-bankers' hours, you need to focus and work, says Jensen.

Bankers close to the deal blamed investor fatigue for the abrupt cancellation, suggesting Huaneng might try to list again next year.

Traders and bankers who would normally move in a heartbeat for a higher offer have been surprisingly loyal, recruiters say.

A few steps down from the top you're basically talking to bankers who've picked up a few new vocabulary words from reading Wired.

In the run-up to the credit crunch, there was some appallingly stupid and greedy behaviour by bankers in Britain and elsewhere.

"The first law of regulation is that bureaucrats and lawyers make regulations and bankers and markets learn to circumvent them, " he said.

It will check that pay does not give bankers an incentive to take on more risk than the bank can safely manage.

While participants say the chance of a collapse is extremely low, bankers say a mechanism to settle trades in an emergency is essential.

London has no shortage of brighter, more ethical and less culpable bankers to take their places.

According to one of Europe's most senior bankers, there will be "an unending fire-sale of non-core assets" over the next 18 months.

Such a central hub would improve liquidity and foster innovation in commodity-based financial products, bankers say.

However, the length of the rollover remains contentious, with German bankers arguing for shorter maturities.

Bankers say only a small fraction of cross-border trade settled in renminbi is likely to be fraudulent.

In the mythology of the British Labour Party, a "bankers' ramp" pushed the party out of office in 1931.

For the bulk of customers, Swiss bankers claim, tax is in any case not the main draw. They marshal some surprisingly good arguments.

It is true that the compensation earned by the world's highest-paid bankers has never been more controversial.

Yet, at a time when worship of Wall Street has turned into deep suspicion for many Chinese bankers , Mr. Ma takes a more balanced view .

This was facilitated by the tradition of political independence and cooperation that has developed over the years among central bankers.

The stuff of nightmares for central bankers is that this leads to a more pernicious type of inflation.

This is extremely usefull if you juked on a cliff and need to see if the bankers are waiting for you or if they left the scene.

Many bankers are now returning to a market that in Asia had seemed to have run its course: mergers and acquisitions.

Our conversation started out with some banter about the rivalry between bankers and traders at many Wall Street firms.

One day he hopes to also lure the bankers to his farm in Yorkshire for farming classes and a visit to the abattoir.

Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers and brokers.

It was designed to slowly drain the massive wealth of the American people and transfer it to the elite international bankers.

Two years ago, bankers and policymakers were arguing heatedly over whether New York or London was the world's premier financial centre.

It is these types of efforts that have kept Bank of America at the forefront when it comes to engaging with its online bankers.

Still, Europe may not be able to solve its problems without bringing the bankers in to pay their share.

The president of the American Bankers Association says the legislation "changes the entire business model of credit cards. "

When push comes to shove the latter duty seems to outweigh the former, and the bankers turn on the monetary taps.

Nonetheless, many western bankers for the time being do not take local Chinese financial groups seriously.

Inevitably, the firings have provoked an orgy of speculation, much of it centred on the role of the firm's bankers.

in the long run, it may have the opposite effect by encouraging some future generation of bankers to take more risks.

Investment bankers in New York are looking at a wide range of alternatives, including changing careers and changing locations.