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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Latest blogosphere posts tagged “bank”
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VIDEO: Reuters Business Headlines – Smithfield Foods Inc, Facebook Inc, Jim Rogers, United States, Carl Icahn
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Chinese Company Buys Smithfield Foods with Giant Merger Profits. Facebook reaches 1 million active advertisers. Duke Energy turns to insider to succeed CEO Rogers. U.S. court lets Ex-Im Bank loan for Air India stand. Icahn seeks to allay fears over lack of financing for Dell bid Thanks for checking us out. ...19 hours ago -
Lowongan Kerja PT Bank Bukopin Cabang Pekanbaru Juni 2013
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PT Bank Bukopin Tbk Cabang Pekanbaru Bergerak Dibidang Banking / Financial Services Yang Sedang Mengalami Perkembangan pesat. Kami sedang mencari profesional-profesional yang berpengalaman, memiliki tanggung jawab tinggi, dan menyukai tantangan untuk bergabung sebagaiMarketing MikroRiauRequirements:Pria / WanitaUsia ...19 hours ago -
VIDEO: Business Latest News: Chinese Company Buys Smithfield Foods With Giant Merger Profits
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Chinese Company Buys Smithfield Foods with Giant Merger Profits. U.S. court lets Ex-Im Bank loan for Air India stand. Icahn seeks to allay fears over lack of financing for Dell bid Thanks for checking us out. Please take a look at the rest of our videos and articles. To stay in the loop, bookmark ...19 hours ago -
VIDEO: Reuters Business Headlines – Smithfield Foods Inc, Facebook Inc, Jim Rogers, United States, Carl Icahn
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Authority:
Chinese Company Buys Smithfield Foods with Giant Merger Profits. Facebook reaches 1 million active advertisers. Duke Energy turns to insider to succeed CEO Rogers. U.S. court lets Ex-Im Bank loan for Air India stand. Icahn seeks to allay fears over lack of financing for Dell bid Thanks for checking us out. ...19 hours ago -
VIDEO: Business Latest News: Chinese Company Buys Smithfield Foods With Giant Merger Profits
—
Authority:
Chinese Company Buys Smithfield Foods with Giant Merger Profits. U.S. court lets Ex-Im Bank loan for Air India stand. Icahn seeks to allay fears over lack of financing for Dell bid Thanks for checking us out. Please take a look at the rest of our videos and articles. To stay in the loop, bookmark ...19 hours ago -
VIDEO: Reuters Business Headlines – Smithfield Foods Inc, Facebook Inc, Jim Rogers, United States, Carl Icahn
—
Authority:
Chinese Company Buys Smithfield Foods with Giant Merger Profits. Facebook reaches 1 million active advertisers. Duke Energy turns to insider to succeed CEO Rogers. U.S. court lets Ex-Im Bank loan for Air India stand. Icahn seeks to allay fears over lack of financing for Dell bid Thanks for checking us out. ...19 hours ago -
Lowongan Kerja PT Bank Royal Indonesia Juni 2013
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Israel debates branding settler price tag attacks terrorism
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Follow The Bouncing Fed
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While all eyes and ears will conveniently and expectedly be on the Fed announcement and press conference in a few hours, the real action continues to take place in China, where the liquidity crunch is becoming unbearable for the local banks (and will only get worse the longer Bernanke and Kuroda keep their hot money ...19 hours ago -
African Development Bank and United Nations University Sign Memorandum of Understanding on Sustainable Development in Africa
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African Development Bank and United Nations University Sign Memorandum of Understanding on Sustainable Development in Africa The partnership aims to strengthen collaboration between Japan and African countries to strengthen Science, Technology and Innovation (STI) in Africa TUNIS, Tunisia, June 19, ...19 hours ago -
Banks, credit unions expand branch services
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In addition to traditional amenities, banks and credit unions are increasingly offering specialty operations and varied services to their clients.20 hours ago -
Benzinga Market Primer: Wednesday, June 19: FOMC Edition
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Free & Live Event: Join our very own Nic Chahine for a for a webinar tonight to discuss how to boost your weekly income using credit spreads. Click here to secure your spot now! Futures Tick Higher Ahead of Fed20 hours ago -
Law firms and bank finance
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Solicitors who want to retain – let alone extend – their borrowing will have to shape up, think ahead and be prepared to ‘put some skin in the game’ if they expect any bank to fund them in future. That is the stark message from bankers and sector consultants, six years into the worst financial crisis the UK ...20 hours ago -
First ladies of LI banking
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When Stella Mendes was promoted to president of First National Bank of New York, she became the first woman to hold that title at a Long Island-based bank.20 hours ago -
Mervyn King outvoted on QE in his 194th and final MPC meeting
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Minutes show outgoing Bank of England governor was denied parting wish for more money-boosting measures Sir Mervyn King was denied his parting wish for more money-boosting measures this month after being outvoted in his final Bank of England rate-setting meeting. Minutes of the monetary policy committee (MPC) ...20 hours ago -
Mervyn King outvoted on QE in his 194th and final MPC meeting
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Authority:
Minutes show outgoing Bank of England governor was denied parting wish for more money-boosting measures Sir Mervyn King was denied his parting wish for more money-boosting measures this month after being outvoted in his final Bank of England rate-setting meeting. Minutes of the monetary policy committee (MPC) ...20 hours ago -
Mervyn King outvoted on QE in his 194th and final MPC meeting
—
Authority:
Minutes show outgoing Bank of England governor was denied parting wish for more money-boosting measures Sir Mervyn King was denied his parting wish for more money-boosting measures this month after being outvoted in his final Bank of England rate-setting meeting. Minutes of the monetary policy committee (MPC) ...20 hours ago -
Vietnamese, foreign economists look at challenges
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An array of issues that are challenging Vietnam’s socio-economic development caught interests of economists and researchers at the sixth Vietnamese Economists Annual Meeting. As many as 50 presentations were sent to the meeting, which took place in Hue city, central Thua Thien-Hue province on June 18-19, to deal ...20 hours ago -
Over 76 mln USD for Central Highlands residents’ health care
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Authority: 456
The Prime Minister has adopted the second phase of a project on providing healthcare for people in the Central Highlands region with a total capital of 76.6 million USD, of which 70 million USD will be lent by the Asian Development Bank (ADB). People in the five provinces of Lam Dong, Dak Nong, Dak Lak, Gia Lai and ...21 hours ago -
[Practice Test] Current Affairs and General Awareness 2013
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RBI notifications were released many days back, and many notifications to come. From among the list the crazy one is SBI which will be announced shortly. My small effort to help those aspirants. Good Luck. Current Affairs and General Awareness 2013.21 hours ago



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