Im going to provide a summary of our report to supervisor fewer on options of community banking. At the moment though, the slides are not appearing. I wonder if i might get assistance. Do you have a printed copy . I do and actually here we go. We can do it the oldfashioned way. Here we go. Thank you. My apologies for the delay. This was the report that we issued in december to supervisor fewer. It was update to 2011 report we had prepared for supervisor avalos, it covered some of the same topics, but it is different that we tried to focus on specific steps needed to be taken to establish a public bank. What weve done is provided an outline of the steps. There is obviously many more questions that would be need to be resolved to pursue that. So ill just start briefly with options for the city. There are commercial banks, thats what were using now. Theyre for Profit Institutions and theyre organized to provide a return to their private investors. Thats their primarily goal to maximize th
One of the programs i was charged with was the city i. D. Program and when that was passed in 2008 and launched in 2009, one of the benefits of the city i. D. Program was so that someone could get a government issued i. D. And use that as a primary source of identification to open an account. Unfortunately, that hasnt happened. Its something i think we need to take a look at when youre looking at a municipal bank, to fold in the city i. D. Program because its a vital to the residents of San Francisco. I want to make sure thats not overlooked. Thank you for bringing that to our attention. They can support our residents that are not comfortable given the circumstances we have right now. So, yes, thank you. Supervisor cohen supervisor fewer. Supervisor fewer so thank you, id like to introduce fred brousseau. He works closely with my office as he and the staff worked on the update to the 2011 banking report. Im going to provide a summary of our report to supervisor fewer on options of comm
Im going to provide a summary of our report to supervisor fewer on options of community banking. At the moment though, the slides are not appearing. I wonder if i might get assistance. Do you have a printed copy . I do and actually here we go. We can do it the oldfashioned way. Here we go. Thank you. My apologies for the delay. This was the report that we issued in december to supervisor fewer. It was update to 2011 report we had prepared for supervisor avalos, it covered some of the same topics, but it is different that we tried to focus on specific steps needed to be taken to establish a public bank. What weve done is provided an outline of the steps. There is obviously many more questions that would be need to be resolved to pursue that. So ill just start briefly with options for the city. There are commercial banks, thats what were using now. Theyre for Profit Institutions and theyre organized to provide a return to their private investors. Thats their primarily goal to maximize th
Years women arguing that we need more grant money, more donor financing and that has all been great. What we knew the Human Capital project is to say look ministers of finance, we will put on a ranking of where you stand in terms of your stock of Human Capital and what you are doing to increase your Human Capital. And where you come out on this list may very well determine how quickly you grow. The dynamicange from one in which the developing countries wait for the supply of funds to come in which they are demanding the best way to improve Human Capital. Tom take that over to myanmar, how does the world bank as this china ms. Institution, how do you deal with one country whether its a border of turkey or syria or what weve seen in myanmar . We are very concerned about what happens. Very specifically what we are ourg is we are continuing lending for programs on health, education, social protection. We are very focused on supporting the poor in myanmar. Which wer operation cant go forwar
Sector, state owned companies will be held accountable for debt. Haidi frankfurt is the brexit winner, Deutsche Bank and citibank the latest to confirm their move. Rishaad show us the money, any money. The cashless economy and a market worth trillions. It seems like all the event risk is behind us. Forward to some people putting their feet up boj, allay, ecb, coming out with policy statements. Conundrum presents a for mario draghi. Despite being incredibly dovish after that ecb lack of action yesterday, we have a split on whether the ecb should be changing its quantitative easing language, deferring how and when on the next to towards normalization later this sheer. Index, a basket of currencies, back to levels before qe started, in fact, slightly higher. The conundrum is if you look at inflation, it has crept up to being higher than that. , and indeed,enign perhaps, that does portend, tell you some dovish this in the European Central bank. Again, it is the idea of how you interpret wh