bank

A bank can be a very complex, convoluted, and multifaceted organization. However, here is a simple haiku about banks that explains what they are and essentially what they do:

Financial organizations licensed by government,
provide financial services to customers and investors
in financial markets.

Though this haiku describes what a bank is and does in a nutshell, it does not even begin to tap into the complexities and Machiavellian Pacts that routinely go on within these organizations.

There are two types of people in the world when it comes to interest: Those who earns it and those who pays it. Banks are definitely "those who earns it." And we, the people, are usually those who "pays it" to them.

The level of government regulation in banking depends on where the bank is located. For example, in some countries such as Iceland, the regulation on banks is very, very light. In other countries such as China, there is a wide variety of regulations and enforcements by which banks must abide.

Bloggers speaking about banks can be found at sites like depositaccounts and bankingreview.

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Original Technorati articles tagged “bank”

• in Finance
  If a Week is a Long Time in Politics, How Much Longer is it in Banking?
  The after-effects of the RBS/Natwest Banking software 'glitch' still go on for its suffering customers...
  by smileyjohn54 / on Jun 27, 2012
• in Film
  Two New Tribeca DVDs Starring Veteran Actors in End-of-Life Roles
  “Never go down without a fight.” (THE LAST RITES OF JOE MAY)
  by missbobetier / on Apr 23, 2012
• in Advertising
  Spam Phone Calls and Heights of Telemarketing
  Spam Phone calls
  by behindandafter / on May 17, 2011

Latest blogosphere posts tagged “bank”

 

• Luther Burbank Savings Routing Number

  
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  The Luther Burbank Savings routing number for Illinois is 321181297.  The bank routing number or ABA number assigned to Luther Burbank Savings is used to quickly identify and route financial transactions in the banking system that originate or are completed at the bank.  This routing number is assigned to all Luther ...
  3 days ago

• Cape Cod Five Cents Savings Bank Routing Number

  
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  The Cape Cod Five Cents Savings Bank routing number is the routing number 211371078.   The Cape Cod Five Cents Savings Bank routing number is a nine digit number that is used in the U.S. banking system to identify bank transfers and transactions quickly and efficiently.  The routing number for Cape Cod Five may ...
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• Centier Bank Routing Number

  
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  The current Centier Bank routing number is 071902878.  Centier is the largest privately-owned independent bank in Indiana and operates over 45 bank branch locations in the state.  The Centier Bank routing number listed is used at Centier branches in Indiana. The bank routing number for Centier may also be referred ...
  3 days ago

• Centier Bank Locations

  
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  See a complete list of Centier Bank locations in Indiana listed by city with each bank branch address, bank branch phone number and bank branch hours of operation.  The Centier Bank branches handle a number of deposit services, loans, mortgage applications as well as other financial products and services. Locate the ...
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• DealBook: Financial Firms Said to Be Seeking Bloomberg Alternative

  
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• Hooray Hooray It is a Bank Bank Holiday

  
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• Real Madrid says coach Jose Mourinho will leave at end of season

  
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• Education Activists Take School Closing Fight To City Hall (VIDEO)

  
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• Jefferson Parish deputys disciplinary records remain secret, judge rules

  
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• 4th Street Bridge in Harvey faces two-week closure, $8 million repairs

  
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• Jefferson Parish issues 25 citations in West Bank code enforcement sweep

  
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  Jefferson Parish code inspectors issued 25 citations in its latest sweep last week on the West Bank. The inspections were conducted Wednesday (May 15) in Bridge City on Utah Beach Drive, Bolo Court, Seven Oaks Boulevard and Bridge City Avenue....
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• Running calendar for the New Orleans area, updated 5.20.13

  
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• Resurgent Japan Under Abe Impeded by Lack of Business Spending – Businessweek

  
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• Financial Firms Said to Be Seeking Bloomberg Alternative

  
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• Sinbad Files for Bankruptcy … Again

  
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  DatzHott.com - "Where Everything Cool is Hott!" Dang, Sinbad says he’s broke again. Sinbad filed for bankruptcy for the second time since 2009. Poor guy. Last month he filed chapter 13 bankruptcy. The comedian whose real name is David Adkins, says he owes $10,991,715 in debt and only has $131,000 in ...
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• Kenner murder suspects bond halved then doubled by different Jefferson Parish judges

  
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• How to Declare Bankruptcy and Receive a Fresh Start – Bankruptcy Attorney

  
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• THE CHALLENGED CHRONICLES

  
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• Bruno Mars Dances The Night Away After Billboard Music Awards! Hosts Party At Bank Nightclub!

  
  Perez Hilton — Authority: 580
  Well, we’re sure this was fun! Following his performance at the 2013 Billboard Music Awards last night, Bruno Mars headed out to Bank Nightclub in Las Vegas where he took on the role of party host! The singer, complete in a fedora, leather jacket, and converse, must have been riding quite the high given ...
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• Rumor that set off panic run on state bank investigated by Brazil Federal Police

  
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  Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend. A rumor that payments of the Bolsa Familia program would be ended led crowds to line ...
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