This is realized by increasing the exposure to money center banks
, and increasing the exposure of transactions with foreign banks.
Among money center banks
, Citigroup (C) seems to be a favorite.
The data permit a crude attempt to measure lags in monetary policy, at least from the time money center banks
actually react to a change in Federal Reserve policy until it shows up on Main Street as changes in the ease of getting, a loan (money center banks
may also be responding to changes in economic conditions independent of any change in Federal Reserve policy).
For all record purposes, the listing of Sri Lankan corporates in the TSE would enable the Sri Lankan corporates to tap and to raise funds from external (international) sources, money center banks
Citi is rebuilding its investment banking operations, says McGee, anticipating simultaneous rises in the economy and lending as money center banks
will be needed to assist the financial rebuilding of the domestic and global economies.
With interest rates plummeting to all-time lows, and checking account operational costs continuing to rise as new features are added, large money center banks
are struggling to find acceptable ways to change the monthly fees on consumer checking accounts.
(ADI802) Money Center Banks
Hold Strong Balance Sheets & Expect Cyclical Upturn - Richard X.
From the New York Web site: While many of the money center banks
are sitting on the sidelines in providing mortgage financing, Chinese, German and European financial institutions and insurance companies are dipping their feet into the water to provide much needed financing for commercial real estate.
With the subprime mortgage crisis, the fall of housing prices and the recession, many large money center banks
have suffered a decline in the value of their loan portfolios.
The large money center banks
are traditional sources, but they aren't lending much either.
Also at that time was born the informal policy of "too big to fail," under which the Fed and other regulators took extraordinary means to keep several money center banks
afloat during the 1989-91 recession.