banking

With banks failing left and right during this economic downturn, and credit unions and other financial institutions quickly eating away at their profits, it's easy to see how banks have become "Persona Non-Grata." Not only are banks failing (and getting bailed out by our tax dollars!), but they are beginning to get heavily regulated now because they have been allowed to run amok for so long.

Regardless, banks still perform some very important roles for the economy and they will always play a role in our economy for as long as there are markets to service. First of all, banks act as payment agents by conducting checking accounts for customers, paying checks drawn by customers, and collecting checks deposited to customers' current accounts. Furthermore, banks also enable customer payments via other payment methods such as telegraphic transfers, wiring, and ATMs. Finally, banks provide almost all payment services and a bank account is considered indispensable by most businesses, individuals, and governments.

Bloggers speaking about banking can be found at sites like Mobile Banking and banktech.

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Original Technorati articles tagged “banking”

• in Finance
  Islamic Finance: Is it Just for Muslims?
  Islamic Finance charges no interest for loans. Is that a dream?
  by stephengfm / on Dec 1, 2011
• in Business
  Learning Lessons the Hard Way
  Shame on Who?
  by davidkwaltz / on Oct 12, 2011
• in Blogging
  Green Banking 101: Greening Your Bank Account
  As businesses and consumers adopt environmentally friendly attitudes, one simple way to reduce your impact is through green banking.
  by asekar / on Sep 3, 2011

Latest blogosphere posts tagged “banking”

 

• Is Islamic Finance a failure?

  
  Dubai Business | Kippreport — Authority: 478
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• Greece Inches Toward Deal in Talks With Its Creditors

  
  top99news - breaking news from the world top newspapers — Authority: 162
  http://www.nytimes.com/ Greece Inches Toward Deal in Talks With Its Creditors The latest progress comes in the wake of two days of talks in Athens between the bankers lobby representing most investors, and Greece’s political leadership. published date:Sat, 28 Jan 2012 11:30:26 GMT
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• UAE lender ADCB’s Q4 net profit surges, shares rise

  
  Dubai Business | Kippreport — Authority: 478
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  1 hour ago

• Greece Inches Toward Deal in Talks With Its Creditors

  
  NYT > Theater — Authority: 866
  The latest progress comes in the wake of two days of talks in Athens between the bankers lobby representing most investors, and Greece’s political leadership.
  1 hour ago

• What else could you buy with a bank chiefs bonus? What is Stephen Hester worth - visualised

  
  News: Datablog | guardian.co.uk — Authority: 103
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• Chart of the Day: 8 Major Central Bank Balance Sheets as a percent of Global Equity Market Cap

  
  prudent investor newsletters — Authority: 120
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  3 hours ago

• Thinking about Money

  
  iBenedictines — Authority: 410
  Last year’s post on St Thomas Aquinas concentrated on the humanity of the man but with all the talk about bankers’ bonuses, the not-so-brilliantly-timed withdrawal of charity credit cards and the gloom that fills the media whenever the subject of (…) Read the rest of this entry »
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• HSBC, again

  
  Tax Research UK — Authority: 516
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  ArabianMoney.Net — Authority: 118
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• Getting Home Loans To Buy A House Or Second Home

  
  Online Income Opportunities — Authority: 120
  In the United Kingdom, a home loan is a type of loan that allows borrowers to buy a house or invest in a second home. This is a good option for persons who want to get out of a rental property as well as for those who want to make an investment in a second home. Those who want to buy a second home may consider ...
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  Your Story — Authority: 489
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• Programme Risk CoJob atordinator Job at ANZ Group, Wellington, Wellington Central

  
  Job Search in New Zealand — Authority: 138
  Location:    Wellington    Wellington Central Work type:    Full Time Classification:    Banking & Financial Services    Compliance & Risk   At ANZ we realise that our greatest asset is our people. That’s why we are on our way to creating a unique climate of inspiration, ...
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• Anger grows over RBS chiefs £900,000 bonus

  
  The Guardian - guardian.co.uk — Authority: 962
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• RBI to act against banks not beefing up cyber security

  
  Thaindian News — Authority: 534
  Chennai, Jan 27 (IANS) The Reserve Bank of India (RBI) will act against banks that do not implement its guidelines on electronic security of their transactions and operations by October 2012, a senior official said Friday.A working group, under the chairmanship of RBI Executive Director G. Gopalakrishna, has ...
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• Eurozone data raises fears of second credit crunch

  
  top99news - breaking news from the world top newspapers — Authority: 162
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• Fergusons’ biggest creditor sues them

  
  Richmond BizSense — Authority: 424
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• Eurozone data raises fears of second credit crunch

  
  The Guardian - guardian.co.uk — Authority: 962
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• George Osborne announces shakeup of City regulation at Davos

  
  The Guardian - guardian.co.uk — Authority: 962
  Speaking at the World Economic Forum, the chancellor announces plans to put the Bank of England in charge of day-to-day policing of the financial sector George Osborne has said that the governments shakeup of City regulation would overhaul a failed system and prevent banks from ever again being as exposed to bad ...
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• Swiss banking world faced with Wegelin’s extraordinary sales

  
  GenevaLunch — Authority: 429
  GenevaLunch.com ZURICH, SWITZERLAND – US pressure on the Swiss banking world appears to have claimed one more victim, with the announcement by St Gallen-based Wegelin, generally considered the country’s oldest bank, to sell most of its wealth management business to Raiffeisen in an effort to protect its employees ...
  1 day ago

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