So the balance of the year, the counter-party, which is Goldman Sachs, in effect has the ability to cover their short -- or purchase the shares they delivered to us.
Nor does he make any allowance for the current global banking reform initiatives, including global capital and liquidity rules, new central counter-party clearing arrangements, harmonized accounting rules, new governance and remuneration policies, and improved standards of regulatory and investor supervision. ❋ Simon Nixon (2010)
The farmer's opposite number, his counter-party, enters the deal because he is betting on (or protecting himself against) the possibility that wheat prices will rise. ❋ Unknown (2009)
In addition to the counter-party concerns about credit-default swaps, these insurance-like contracts aren't expected to pay off under a broad Greek deal reached last month to stem the euro zone's financial crisis. ❋ Liz Moyer (2011)
In correspondence this year with the Los Angeles County Employees Retirement Association, BNY Mellon said it had adhered to all of its agreements and it "has also consistently made clear that it executes all foreign currency transactions as counter-party, and on a principal basis." ❋ Carrick Mollenkamp (2011)
"Interlocutors stressed that unless leaders' concerns about the viability of banks and U.S. government-sponsored enterprises GSEs are assuaged, lower-level officials will be constrained from taking on greater counter-party risks." ❋ Nicole Hardesty (2011)
European banks continue to hoard cash amid concerns of counter-party risk within the European financial system, preferring to park funds at the ECB rather than to lend out to other banks or invest in government bonds. ❋ Nick Cawley (2012)
Lesser known is shadow banking, derivative and counter-party exposure. ❋ David Weidner (2011)
The bank must then tweak its infrastructure for expected volume and ensure data for counter-party banks are correct. ❋ Sara Schaefer Munoz (2011)
"It is less helpful because there is a large counter-party risk," said Jon Peace, a London-based analyst with Nomura, referring to the possibility that a trading partner might fail to make good on obligations. ❋ Liz Moyer (2011)
BNY Mellon, in a letter, said it "executed all foreign-exchange transactions with [the fund] … as a counter-party and acting as a principal, at the direction of [the fund] and its investment managers." ❋ Carrick Mollenkamp (2011)
Regulators felt that HSBC's controls weren't tight enough to determine whether these counter-party banks or subsidiaries had properly vetted their customers and funds, people familiar with the situation said. ❋ Sara Schaefer Mu (2010)
The other is that the counter-party won't be able to pay up at the end of the contract. ❋ Unknown (2009)
Specifically, the Fed's approach would set thresholds for counter-party exposure under which margin would not be required, Mr. Tarullo said. ❋ Victoria McGrane (2011)
The French banks, which traditionally dominated this market, are pulling back and it isn't clear that Asian banks will easily be able to fill the gap given Western bank concerns over counter-party risks. ❋ Simon Nixon (2012)
The financial markets everywhere have marked up massive paper gains, hoping a counter-party somewhere will take the accumulated loss. ❋ Unknown (2011)
One potential source of a re-escalation in the crisis is a deteriorating euro-zone government debt crisis engulfing Italy and Spain, raising the chances of counter-party risk if other banks are using those bonds as collateral for inter-bank funding. ❋ Todd Buell (2011)
This should reduce fears related to counter-party risk, especially since the firm says its trading positions are financed through central clearinghouses. ❋ David Reilly (2011)
General taxpayers everywhere have to take the counter-party loss to protect such gains. ❋ Unknown (2011)
