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 Social Media
  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”

 

• Credit Unions Aren’t Always the Perfect Deal

  
  MyBankTracker — Authority: 123
  Upset by fee-gouging by some of the nation’s biggest banks, hundreds of thousands of customers turned in frustration to credit unions in late 2011. Data compiled by MyBankTracker show there can be advantages to such moves — keeping money at a credit union is generally less costly than at a big bank. But some ...
  12 hours ago

• Google responds to Google Wallet hacking claim, points out the obvious

  
  Google Android Blog — Authority: 600
  A security company announced yesterday that it has discovered a “significant vulnerability in the Google Wallet mobile phone payment system.” The company found that a Wallet PIN is susceptible to a brute force attack – trying all possible key combinations until the PIN is discovered – that can make it possible ...
  12 hours ago

• Are bankers bonuses like penis extensions?

  
  Comment is free | guardian.co.uk — Authority: 131
  Ken Livingstone told the New Statesman that during his time as London mayor his frequent dealings with bank chiefs led him to think that "bankers bonuses are like penis extensions, among a small league of men – mine is bigger than yours". Do you agree?
  13 hours ago

• Consumer Management Development Program Bank Danamon

  
  Lowongan Kerja 2011 — Authority: 123
  PT Bank Danamon Indonesia Tbk. was established in 1956. The name Bank Danamon, which was derived from ‘dana moneter’, meaning monetary fund, was first used in 1976 in place of its original name, Bank Kopra. In 1988, Bank Indonesia enacted a package of major banking reforms known as the ‘October 1988 Package’ ...
  13 hours ago

• Bank of England Adds 50 billion Pounds to Asset Buying Program (QE)

  
  prudent investor newsletters — Authority: 122
  Again as predicted , central banks of major economies has been accelerating policies of inflationism with more asset purchases or Quantitative Easing (QE). The Bank of England (BoE) adds £ 50 billion to her existing program The Bloomberg reports , Bank of England officials pumped another 50 ...
  13 hours ago

• The City rugby emails: part two | Ally Fogg

  
  The Guardian - guardian.co.uk — Authority: 962
  Following the furore over the supposed Dubai Sevens email, our crack investigative team has uncovered another embarrassing memo… Following the latest alleged embarrassing leak of a City of London email attachment which supposedly devised lurid "rules" for a group of friends to observe ahead of their trip to ...
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• Holdout AGs Said to Be Ready to Join $25B Foreclosure Settlement

  
  ABA Journal — Authority: 667
  State and federal officials have reportedly reached a $25 billion foreclosure settlement with five of the nation’s largest banks after two holdout attorneys general supported the deal. Details were still being worked out Wednesday evening, according to the New York Times and the Washington Post, but an announcement ...
  13 hours ago

• Surefire Ways To Help You Avoid Bankruptcy

  
  Financial Newsline — Authority: 135
  If you are in credit card debt and you do not want to declare bankruptcy, then there are several options available for you. One option is obtaining a debt consolidation loan and closing all existing credit lines. Debt consolidation is where you take a new unsecured loan and use the funds to pay off your outstanding ...
  13 hours ago

• Current jobs in a fabric company today in Nigeria

  
  Jobs in Nigeria — Authority: 128
  FABRIC COMPANY CAREER OPPORTUNITIES The … Read more This is just a Summary. Visit www.jobsfornaija.com for full details.
  14 hours ago

• Central Bank of Nigeria (CBN) Recruitment 2012

  
  Nigerian Directory - Companies in Nigeria — Authority: 100
  Central Bank of Nigeria (CBN) Recruitment 2012  Our client is the regulator and highest policy making institution for the financial services sector. Due to the attendant need to ensure appropriate personnel and capacity to effectively carry out its various statutory obligations within the institution, the Central ...
  15 hours ago

• Sebi wants 500 violators blacklisted

  
  PropertyHeat | Indian Real estate News, Properties and Values — Authority: 130
  Capital market regulator Sebi has decided to share with the Ministry of Corporate Affairs the names of about 500 companies that allegedly garnered money from investors in violation of its Collective Investment Scheme (CIS) rules. Sebi (the Securities and Exchange Board of India) would also give the names of the ...
  15 hours ago

• Bank of Internet USA Online Banking System February 2012

  
  Online Banks — Authority: 107
  This is the Bank of Internet USA Online Banking System February, 2012 update to help give you the information that is available on this topic. This is and always has been one of the online banks to choose from. To help make it easy, there is a hassle free switch kit available to help you transfer your funds from a ...
  15 hours ago

• Another IB “surprises” on the downside…

  
  FT Alphaville — Authority: 691
  And so to the harsh news amongst the “key messages” from Credit Suisse, which on Thursday followed both UBS and Deutsche Bank in reporting rather softer Q4 numbers...
  16 hours ago

• What is Financial Law?

  
  Legal Advice and Legal Aid — Authority: 116
  Financial Law Definition Financial Law encompasses everything its very name implies. From banking, to securities and commodities, and even broker disputes, Financial Law and financial lawyers cover all aspects of money handling and transactions. Whether you are a high stress broker working on Wall Street, a ...
  16 hours ago

• Yes, It Is Possible To Stick To Your Budget!

  
  All Time Finance — Authority: 143
  You may not believe it at first, but yes, we aren’t spending as much as we did on necessities than we did in the past. Yet, these surveys also show even more Americans in debt than ever before. So does that mean our friends from across the pond are spending more and more money on extravagant, superfluous items? ...
  16 hours ago

• 49-State Foreclosure Fraud Settlement Will Be Finalized Today

  
  Firedoglake — Authority: 608
  (photo by The Lane Team/flickr) Forty-nine states, every one but Oklahoma, as well as federal regulators will participate in a foreclosure fraud settlement that will release the five biggest banks (Wells Fargo, Citi, Ally/GMAC, JPMorgan Chase and Bank of America) and their mortgage servicing units from liability for ...
  16 hours ago

• Credit Suisse fourth quarter losses much bigger than expected

  
  top99news - breaking news from the world top newspapers — Authority: 166
  http://www.guardian.co.uk Credit Suisse fourth quarter losses much bigger than expected SFr637m (£442m) loss compares with the SFr841m profit that the bank posted in the fourth quarter a year agoCredit Suisse Group has announced its first fourth-quarter net loss since 2008, posting negative returns of ...
  16 hours ago

• The Top Twelve Reasons Why You Should Hate the Mortgage Settlement

  
  naked capitalism — Authority: 709
  As readers may know by now, 49 of 50 states have agreed to join the so-called mortgage settlement, with Oklahoma the lone refusenik. Although the fine points are still being hammered out, various news outlets ( New York Times , Financial Times , Wall Street Journal ) have details, with Dave Dayen’s overview at ...
  16 hours ago

• Standard Chartered Bank lends Rs 250 crore to Bangalore realty firm, DivyaSree Developers

  
  PropertyHeat | Indian Real estate News, Properties and Values — Authority: 130
  Standard Chartered Bank lends Rs 250 crore to Bangalore realty firm, DivyaSree Developers BANGALORE: Standard Chartered Bank has lent 250 crore of construction loan to DivyaSree Developers for developing a mixed used project in Bangalore, said more than one person with direct knowledge of the development. The ...
  17 hours ago

• UBS says Greek default to trigger CDS insurance amid credit slump

  
  ArabianMoney.Net — Authority: 119
  Paul Donovan, deputy head of global economics at UBS, talks about the prospect of a Greek debt default, the European Central Bank and Bank of England monetary policy with Caroline Hyde on Bloomberg Television’s ‘First Look’. He said a credit freeze was already happening in Europe and that whatever happens to ...
  17 hours ago

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