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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  heave-ho.org — Authority: 159
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• Tumblr Deal Was a Private Party, With Few Bankers Invited

  
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• Yahoo is buying online blogging forum Tumblr for $1.1 billion; to remain separately run

  
  heave-ho.org — Authority: 159
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  The Guardian - guardian.co.uk — Authority: 986
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  heave-ho.org — Authority: 159
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  — Authority:
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  heave-ho.org — Authority: 159
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  — Authority:
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  — Authority:
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  heave-ho.org — Authority: 159
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  heave-ho.org — Authority: 159
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• Wells Fargo Government and Institutional Banking Names Keith Grundy

  
  — Authority:
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  — Authority:
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• Turkish Airlines consolidated financial statements in the first quarter of 2013 were reported to Borsa Istanbul

  
  — Authority:
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