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.

by outdoorsurvivalguy Are you a writer, passionate about this or any other topic? Join Blogcritics!

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”

 

• Bank shares help shore up liquidity

  
  — Authority:
  Phuong Thao Around 47.3 million shares of STB, or 4.7% of the bank’s outstanding shares, were traded in put-through transactions while there were nearly 6.6 million shares of EIB traded in blocks. With put-through deals on Wednesday taken into account, over 25 million EIB shares had changed hands in blocks. ...
  1 week ago

• www.surgujakgb.co.in Surguja Kshetriya Gramin Bank Recruitment 2013 Apply Online

  
  — Authority:
  www.surgujakgb.co.in Surguja Kshetriya Gramin Bank Recruitment 2013 Apply Online Surguja Kshetriya Gramin Bank issued recruitment notification for filling up of the vacancies of Office Scale-I,General Banking Officer(Scale-II) &  Office Assistant posts. Interested & Eligible Candidates may apply ...
  1 week ago

• Pressure on Australian dollar as US economy starts to lift – The Age – The Age

  
  — Authority:
  Brisbane TimesPressure on Australian dollar as US economy starts to lift - The AgeThe Age"Further losses are possible in the Australian dollar after the Reserve Bank cut its inflation outlook," said managing director of currency exchange stra...
  1 week ago

• For banks in cyber heist, how to get their money back?

  
  Dubai Business | Kippreport — Authority: 160
  Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Oman-based Bank of Muscat lost $40 million and United Arab Emirates-based National Bank of ...
  1 week ago

• Three Leaders Keep 12-Month CDs Afloat

  
  — Authority:
  Three banks continue to buoy 12-month CD rates , which are dangerously close to sinking below 1%.
  1 week ago

• Bank of Japan takes big risks to revive the economy

  
  — Authority:
  Author: Kazuo Ueda, University of Tokyo Japanese asset prices have responded in a surprising way to the announcement of a policy package by Prime Minister Shinzo Abe and the new leadership of the Bank of Japan (BOJ) — they have gone up. In November last year, before Japan’s election, Abe declared that he ...
  1 week ago

• Fifth Third River Bank Run: It was a very emotional day for a lot of people

  
  — Authority:
  GRAND RAPIDS – Ask Fifth Third River Bank race director Kristen Aidif to sum up Saturday’s race, and the word emotional kept popping up. “I headed to the finish line after the races, and I saw a couple of...
  1 week ago

• Q&A: How do post offices and bank employees make money?

  
  — Authority:
  Question by k: How do post offices and bank employees make money? Where does the money come from for their paychecks? Best answer: Answer by ExeterPost offices barely make money. They generate income through their stamps and shipping fees, but not enough people use regular mail anymore for them to earn more than they ...
  1 week ago

• Bangladesh and Banks: Why Both May No Longer Be Too Big to Fail

  
  — Authority:
  Much like the banking industry in the US, the Recent tragedy in Bangladesh is “Too Big To Fail” What do the recent tragedy in Bangladesh and the state of this country’s banking industry have in common? At first blush you might say nothing, but scratch just below the surface and you will see there are many ...
  1 week ago

• HCL Power Bank 1800 mah Emergency Charger Rs. 468 – Shopclues.com

  
  India Free Stuff — Authority: 156
  For one day only Shopclues.com selling HCL Power Bank 1800 mah Emergency Charger Rs. 468. Lowest price for this Powerbank.
  1 week ago

• India’s Axis Bank to open first China branch

  
  — Authority:
  Axis is set to become the first Indian private sector bank to open a branch in China, the latest sign of closer financial ties between the two economies Financial Times – US homepage India’s Axis Bank to open first China branch is a post from: The Forex Trading System Blog
  1 week ago

• THE KILLING FIELDS …David Icke Newsletter Preview

  
  — Authority:
  David Icke Newsletter Preview  THE KILLING FIELDS … … OF THE EVIL EMPIRE The David Icke Newsletter Goes Out On Sunday Brzezinski said in his 1997 book that ‘the pursuit of power is not a goal that commands popular passion, except in conditions of a sudden threat or challenge to the public’s sense of domestic ...
  1 week ago

• Practical Suggestions for Protecting Yourself From Identity Theft

  
  — Authority:
  It’s no surprise that thousands of Americans are victimized by identity theft each year. Last year more than 9,000,000 people were victims of identity theft amounting to some $45 billion dollars. By the time the average person realizes they have become a victim of identity theft; it is much too late. By this point, ...
  1 week ago

• Bank Muscat says mulling options to recover card fraud money

  
  — Authority:
  DUBAI (Reuters) – Bank Muscat , the main victim of a $ 45 million global cyber heist, is examining all options to recover the money it lost in an unprecedented fraud brought to light by U.S. authorities. In a globally coordinated campaign, hackers broke into two unidentified payment processing companies in India ...
  1 week ago

• bank nifty weekly forecast for 13 to 17 may 2013

  
  — Authority:
  bank nifty daily chart forecast bank nifty spot index on last trading session closed at 12752 with gains.on daily chart bank nifty trend and momentum strong bullish. on chart bank nifty weekly average is 12635 and first support on downside.below that 12280 is month average and 12060 is 3 month average and major short ...
  1 week ago

• 45m$ ATM Heist shows the true potential of Cybercrime

  
  — Authority:
  Intwo separate cyber heists two Middle Eastern banks lost 45 million US dollars. Thefirst cyber-heist which netted 5 m$, took place on December 2012   where cybercriminals targeted pre-paidMasterCard debit cards issued by the National Bank of Ras Al-Khaimah in theUnited Arab Emirates. While the second intrusion, on ...
  1 week ago

• The Money Masters

  
  — Authority:
  The Money Masters is a non-fiction, historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve... This is a content summary. To ...
  1 week ago

• Jennifer Lewis, Christopher Buell — Weddings

  
  — Authority:
  A wedding at a museum in Washington.        
  1 week ago

• Jacqueline Minneman, Raphael Schweiger - Weddings

  
  — Authority:
  The bride works for the Museum of Jewish Heritage in New York. The groom works in London for Deutsche Bank.        
  1 week ago

• Spoken Digital Rhyme for The Spending Classes

  
  — Authority:
  WSU Coach Mike Leach $2.25 million per year UW Coach Steve Sarkisian $2.25 million per year about 180 state ferry workers make over $100k per year coaches are not paid via our taxes but by ticket sales television rights and beer ferry workers are not paid via ticket sales television rights or even beer it’s […]
  1 week ago

Comments about bank