banker

The word banker today no longer refers to just those who work in a bank. Instead, it encompasses all the people even remotely tied with banks or finance in general. Even the ones who invest money can themselves be called bankers. Contrary to popular belief, one need not actually have much knowledge about how finance works to become a banker.

For example, take the case of Mohammad Yunus and Gramen Bank...

Yunus got a check for ten million kronor (which is roughly around 1.5 million dollars), along with the Nobel Prize for his endeavors in banking. He took micro-finance to the next frontier by allowing petty farmers to take credit loans or debt from his bank. However, he had no intentions of an institutionalized bank when he dreamed of the concept Gramen Bank employs today.

It all started out when poor farmers in Bangladesh came to ask him for money. As he started dolling cash out (and receiving it back too), he devised a simple yet effective method of turning this into a nationwide phenomenon.

Pretty soon most of the finance news channels all over the world started to follow Gramen Bank and its initiatives to educate the world more on microfinance. In the opinion of the Noble committee, if more banks such as Gramen opened up all over the world poverty could be effectively tackled and reduced over time.

Bloggers speaking about bankers can be found at bigfatfinanceblog and venturecapital.

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Latest blogosphere posts tagged “banker”

 

• Servicers Navigate Courts

  
  Mortgage-Blog — Authority: 129
  A federal class action filed against U.S. Bank, N.A., and U.S. Bank Home Mortgage alleges that company billed borrowers’ escrow accounts for forced-placed flood insurance that exceeded loan balances despite that the policies didn’t provide coverage in excess of loan balances. Central Mortgage won an appeal in the ...
  2 days ago

• Ed gets his Mili-bonus

  
  Latest Posts at LabourList.org — Authority: 608
  So Stephen Hester won’t be getting his bonus, having decided to decline it in fear that the commons would vote to take it from him. It’s hard not to feel a little sorry for the RBS boss. Not because he won’t be getting his bonus (he’s already more than adequately renumerated), but because he has become ...
  3 days ago

• Time to go for a tighter fiscal policy, to ease monetary policy : Kotak

  
  Techno-Guru - Latest Technology News India, Latest Breaking Bollywood News of India, Online Shopping — Authority: 133
  Urging India to move ahead with economic reforms to benefit from the changing global dynamics, top banker Uday Kotak has said it is time for the country to go for a tighter fiscal policy and ease its monetary policy stance. “In the world, what we are seeing is an easing monetary policy and a move toward tighter ...
  3 days ago

• Nick Clegg tax cuts speech: We need fewer cheap insults and more real courage

  
  top99news - breaking news from the world top newspapers — Authority: 164
  http://www.dailymail.co.uk Nick Clegg tax cuts speech: We need fewer cheap insults and more real courage Perhaps someone should tell Nick Clegg that not everyone who earns over £150,000 a year, or lives in a “mansion”, is a banker, or merits vilification for their “riches”. Many of them have led ...
  6 days ago

• John Abraham secretly ties the knot with Priya?

  
  Techno-Guru - Latest Technology News India, Latest Breaking Bollywood News of India, Online Shopping — Authority: 133
  Things have been moving way too fast for Bollywood hunk John Abraham. Post his break-up with Bipasha Basu the actor got into a relationship in a huff. If rumours are to be believed, the actor who had marriage on his mind since quite some time, has taken the plunge, reports Mid Day. Rumour mills are abuzz in the ...
  2 weeks ago

• TRI Coldwell Banker San Francisco real estate statistics – last week in review

  
  San Francisco Real Estate Blog — Authority: 126
  SFResidence is part of the TRI Coldwell Banker office at 1699 Van Ness in San Francisco which is one of the premier offices in the City and has the market share numbers to prove it. We have the most elite agents selling real estate in the San Francisco Bay Area. As a result, our office posts some impressive ...
  2 weeks ago

• Strip Fred the Shred of tainted knighthood demand MPs: Disgraced banker may finally be made to pay

  
  top99news - breaking news from the world top newspapers — Authority: 164
  http://www.dailymail.co.uk Strip Fred the Shred of tainted knighthood demand MPs: Disgraced banker may finally be made to pay David Cameron is ‘sympathetic’ to cross-party demands for the most reviled figure of the financial crisis to lose the honour bestowed on him for ‘services to banking’. Sir ...
  2 weeks ago

• Investment Banking Salary

  
  Snipsly.com | Crowdsourcing Content — Authority: 150
  There are two main entry level positions in the world of investment banking: associate and analyst. If you are the type of person who enjoys analyzing financial statements, discussing business transactions and negotiating business deals, then one of these investment banking careers could be right for you. Analysts and ...
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• Foreclosure Business Up Among Local Brokers

  
  All Home Loan Info — Authority: 120
  Foreclosure Business Up Among Local Brokers RHINELANDER – Foreclosure filings are down across the country and in local official records, but area realtors say that those numbers dont reflect reality. Jennifer Vozka of Remax Invest in Rhinelander says her business is about 75 percent … Read more on WJFW-TV Florida ...
  2 weeks ago

• The Case for Intervening in Bankers’ Pay

  
  The Harvard Law School Forum on Corporate Governance and Financial Regulation — Authority: 462
  Editor’s Note: The following post comes to us from John Thanassoulis of the Department of Economics at the University of Oxford. Work from the Program on Corporate Governance about bankers pay includes Regulating Bankers Pay by Bebchuk and Spamann, and How to Fix Bankers’ Pay by Bebchuk. In the paper, ...
  2 weeks ago

• Forget mortgages… This could be the next HUGE bank scandal

  
  InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, Economics — Authority: 149
  From The Reformed Broker: Today, we have a monster of a guest post from my friend the Finance Addict who blogs over at FinanceAddict.com. FA asks why all of a sudden JPMorgan and its legal representatives have seemingly disappeared from credit card collection judgments (as per a small piece in American Banker ...
  2 weeks ago

• A Tale of Riches to Rags: The Bankruptcy of Former Irish Billionaire Sean Quinn

  
  prudent investor newsletters — Authority: 121
  From BusinessWeek/Bloomberg : Sean Quinn, once Ireland’s richest man, was declared bankrupt after losing more than one billion euros ($1.3 billion) investing in Anglo Irish Bank Corp. Judge Elizabeth Dunne ruled on the bankruptcy in Ireland’s High Court in Dublin today. Quinn didn’t contest ...
  2 weeks ago

• From banker to ice cream maker

  
  top99news - breaking news from the world top newspapers — Authority: 164
  http://www.bbc.co.uk From banker to ice cream maker Former banker starts ice cream business published date:Wed, 18 Jan 2012 00:00:04 GMT
  2 weeks ago

• Judith Federowicz Resides In The Ranks Of Stanford Who’s Who

  
  IBWIRE — Authority: 138
  OAK BLUFFS, MA,   January 17, 2012 / Stanford Who’s Who / — Stanford Who’s Who proudly announces the addition of Judith Federowicz to the distinguished ranks of leading professionals as a result of her remarkable work in the real estate industry. As a Broker and Owner of Coldwell Banker Landmarks of Martha’s ...
  2 weeks ago

• Those we lost in 2011

  
  Paternal Prose — Authority: 147
  *** denotes local notable deaths *** Cookie Gilchrist, 75 A native of Brackenridge, Gilchrist was a standout fullback in high school who went on to a successful career in the Canadian Football League followed by stints with the Buffalo Bills, N.Y. Jets and San Diego Chargers. JAN. 10 A Pittsburgh native, ...
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• Real Estate Headlines for Third Week in January

  
  Coldwell Banker Blue Matter — Authority: 404
  $30M Mega Mansion in Miami Welcome to another week in 2012. Some of us had a three day weekend and most of the nation caught a little NFL playoff fever. But with one month of 2012 half gone, here are some real estate headlines to keep you in the know: The KCM Blog has a post on creating wealth through home ...
  2 weeks ago

• Sir Mervyn King: Bank bonuses must be fair

  
  Daily Telegraph | Telegraph.co.uk — Authority: 163
  The Governor of the Bank of England tells the Treasury Select Committee the public will be enraged if bankers are seen to be giving themselves excessive bonuses.
  2 weeks ago

• JPMorgan has quietly ceased filing lawsuits to collect consumer debts around the nation, virtually shutting down a collections machine that was making hundreds of millions in monthly judgments. When a bank leaves money on the table for no obvious reason,

  
  InvestmentWatch: Emerging markets, Real Estate, Personal finance, Business management, Politics, Economics — Authority: 149
  by Finance Addict By chrisjohnbeckett on Flickr The following statement scared me more than the thought of a Rick Perry presidency. From American Banker: “If sloppy record keeping and problems with false affidavits is a problem with mortgages, it’s 100 times bigger in credit card accounts,” says Michelle ...
  2 weeks ago

• You’re Invited to Baker and Banker’s Guest Chef Dinner!

  
  Haute Living Magazine — Authority: 585
  Photo Credit: www.bakerandbanker.com/ You’re invited! Join Baker & Banker this Wednesday, January 18 th for a most scrumptious guest chef dinner with Locanda’s famed Chef, Anthony Strong. Known for modernizing classic Italian cuisine from his previous role at Delfina and now as the Executive Chef at ...
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• Beyond the Credit Bureau: Social Sourcing Your Creditworthiness?

  
  FastUpFront: Small Business Blog — Authority: 92
  Just when you thought it was hard enough to remain creditworthy as a small business owner or solopreneur, a new report published at American Banker highlights a potential banking trend that could change the way credit is built and maintained. According to the report that discusses nine trends affecting risk software ...
  2 weeks ago

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