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 Business
  Palazzo On Creating Value
  Phil Palazzo, an experience M&A professional, talks about the proper way in which to do business
  by makingsense / on Sep 24, 2012
• in Business
  Moody’s Takes Action in Light of European Financial Crisis
  15 global financial institutions hit for exposure in global markets
  by airmanallen / on Jun 21, 2012
• 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

Latest blogosphere posts tagged “banking”

 

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

  
  ?????? ????? - Government Jobs INDIA, Govt Jobs 2013, Sarkari Naukri | FaadooJobs — Authority: 142
  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 ...
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• Bank of Japan takes big risks to revive the economy

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

  
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• Dry Beed village plans rainwater harvesting to tackle water crisis

  
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• Power department blames horticulture for green belt fire

  
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• Two buildings sealed for misuse of premises

  
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• No cheque return charges if customer is not at fault

  
  — Authority:
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• La pression augmente sur les banques de détail

  
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• “The rich invest in time, the poor invest in money”

  
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• What’s the best investment: a house in North Oxford or villa in New Dubai?

  
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• “Profits are the mother’s milk of stocks”

  
  — Authority:
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• A Teacher-Leader Testimonial on our work from Operation HOPE South Africa

  
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• Bank Rakyat Indonesia (Bank BRI) – Associate Priority Banking Officer (PBO)

  
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• India: MPs send proposal to RBI for Islamic banking

  
  — Authority:
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