banks

Banks have been around for hundreds of years in one form or another. They function as the heart of an economy by pumping money throughout various sectors of an economy. Mortgages, auto loans, student loans, savings bonds, and stocks wouldn't be possible with a proper banking system put into place. Banks make money by charging interest on money they lend to individuals and businesses.

The United States has by far the most banks in the world, reaching over 7,500 (and 75,000 branches) in 2005. Since the advent of the Internet, online banking has become a popular choice for many people looking for a convenient way to handle their banking activities via the Internet. Most banks now offer online services for their customers.

Banks are tightly regulated by government agencies, such as the FDIC, FFIEC, OCC, and OTS – all of which monitor banking activities to ensure proper utilization of customer funds. This information is readily available across the Internet thanks to blogs dedicated to the banking industry and consumer protection.

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Original Technorati articles tagged “banks”

• in Business
  Executive Compensation: Fear, Scarcity and Wrong Measures
  It's Not Just Bankers' Compensation that Needs to be Changed
  by leslielkossoff / on Dec 7, 2011
• in Cloud Computing
  Bank Bets Big On Cloud Computing
  Is your bank investing in cloud computing?
  by stephengfm / on Dec 1, 2011
• in Business
  Federal Government Examining Banking Industry for Antitrust Violations
  The Department of Justice promised that “appropriate action” would take place if banks and others violated antitrust laws.
  by stephengfm / on Nov 22, 2011

Latest blogosphere posts tagged “banks”

 

• Cyprus Finance Ministry says banks will recapitalize on their own, won’t need … – Washington Post

  
  Finance, Business & Money News by FinanceLogger.com — Authority: 123
  Cyprus Finance Ministry says banks will recapitalize on their own, wont need … Washington Post NICOSIA, Cyprus — Cyprus Finance Ministry says its confident that the islands banks will be able to recapitalize on their own and wont need government support. The ministry says Cyprus economy has ...
  1 hour ago

• Katniss Walks The Fence in New Hunger Games Photo from Empire Magazine

  
  Shockya.com — Authority: 546
  Check out the latest movie stills featuring Katniss in the upcoming film “The Hunger Games” stars Liam Hemsworth, Jennifer Lawrence, Elizabeth Banks, Josh Hutcherson, Willow Shields, Woody Harrelson and Stanley Tucci. Click Here to check out our photo gallery from The Hunger Games. Synopsis: In a not-too-distant ...
  2 hours ago

• Chart of the Day: 8 Major Central Bank Balance Sheets as a percent of Global Equity Market Cap

  
  prudent investor newsletters — Authority: 120
  That’s from Bianco Research (Ritholtz.com) Some noteworthy aspects. The scale of market interventions by global central banks since 2008 has been unprecedented. The ratio of central bank balance sheet relative to global equity market cap has exploded from about 12% to the current range (25% to a high ...
  3 hours ago

• FileThisFetch.com Helps You Go Paperless

  
  Get Credit Cards — Authority: 128
  Fetch online documents from banks, utilities and other providers and store them in Evernote or on your computer (PRWeb January 26, 2012) Read the full story at
  3 hours ago

• 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 ...
  3 hours ago

• Saturday Reads Around the Internets - OMG Mitt Made Sense

  
  The Economic Populist - Speak Your Mind 2 Cents at a Time — Authority: 508
  Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.   Mitt Romney Speaks Some Truth on Mortgages There has been more than one sane thing coming from Mitt Romneys mouth (surprise, surprise) and this one was so good even Eliot Spitzer and Dylan ...
  4 hours ago

• Basic Tips To Get Home Loans

  
  All Time Finance — Authority: 140
  So you are seeking for cheap mortgage loans on the market. Well, this guide will help you decide how to choose and get the best and affordable home loan. Firstly, you would need to ensure that you should get what your money is worth of. If you are looking for a loan with no additional fees or a loan with low mortgage ...
  4 hours ago

• Sensex rises for fourth straight week; up 495 points (Weekly market review)

  
  Thaindian News — Authority: 534
  Mumbai, Jan 28 (IANS) A benchmark index for Indian equities markets rallied nearly three percent in this week’s trade, closing in the positive for the fourth straight week on the back of strong buying support from foreign institutional investors.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange ...
  4 hours ago

• Report: Facebook Files for IPO Next Week

  
  Techno-Guru - Latest Technology News India, Latest Breaking Bollywood News of India, Online Shopping — Authority: 133
  Facebook could file papers for its much-anticipated initial public offering as early as next week, which will value the social networking site at up to $100 billion. Mark Zuckerberg-led Facebook has zeroed in on investment bank Morgan Stanley to lead the deal, the Wall Street Journal reported. “Facebook could file ...
  5 hours ago

• 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 ...
  1 day ago

• HMT, the Bank of England, and ELA

  
  FT Alphaville — Authority: 688
  The Government agrees that a limited statutory power of direction for the Chancellor over the Bank in a time of financial crisis would be helpful in clarifying lines of responsibility...
  1 day ago

• Eurozone data raises fears of second credit crunch

  
  top99news - breaking news from the world top newspapers — Authority: 162
  http://www.guardian.co.uk Eurozone data raises fears of second credit crunch Analysts say ECB likely to cut interest rates after official data shows loans to eurozone firms fell sharply while the volume of cash grew at slower rateThe prospect of a second credit crunch in four years came closer on Friday ...
  1 day ago

• Euro at Cross Roads?

  
  Marc to Market — Authority: 492
  A well received Italian bill auction coupled with hopes of a near-term Greek deal has seen the euro recover from the slide in North America yesterday.  The euro came within about 20 points of yesterdays high after slipping to just below $1.3080 in Asia.  Short-term technical indicators warn the euro is over-extended ...
  1 day ago

• Eurozone data raises fears of second credit crunch

  
  The Guardian - guardian.co.uk — Authority: 962
  Analysts say ECB likely to cut interest rates after official data shows loans to eurozone firms fell sharply while the volume of cash grew at slower rate The prospect of a second credit crunch in four years came closer on Friday after official figures showed loans to firms in the eurozone fell sharply in December and ...
  1 day ago

• Credit Suisse Bulls Bet on the Bank

  
  TheStreet.com — Authority: 603
  By Pete Najarian, co-founder of OptionMonster NEW YORK (OptionMonster) -- Credit Suisse options have lit up our tracking systems before, and Thursday the bulls returned to the banking name. Traders had previously purchased the February 25 and March 25 calls when CS was around $22. Thursday buyers stepped into ...
  1 day ago

• Indian rupee rises by 38 paise against US dollar

  
  Techno-Guru - Latest Technology News India, Latest Breaking Bollywood News of India, Online Shopping — Authority: 133
  The rupee rose further by 38 paise to 10-week high of 49.70 against the US dollar on sustained selling of the American currency by banks and exporters amid good inflows into the equity markets. The rupee opened higher at 49.72/73 per dollar at the Interbank Foreign Exchange (Forex) market from Wednesday’s close of ...
  1 day ago

• Man on a Ledge: Don’t Jump

  
  Nerdvana — Authority: 117
  2011 Summit Entertainment, LLC. January is notoriously known as the time of year when Hollywood does its version of spring-cleaning. The movie industry clears its shelves of films that, for various reasons, have gotten pushed aside and gathered dust, and then they dump their garbage on an unsuspecting public that is ...
  1 day ago

• New Housing Task Force Takes Aim at Wall St.

  
  heave-ho.org — Authority: 450
  A new federal task force looking into fraud related to the housing crisis will begin by looking at big banks and investment firms on Wall Street.
  2 days ago

• The difference between being an existing customer and a potential new customer

  
  Not a sheep — Authority: 119
  So prospective customers get a Freephone number but existing customers have to pay to speak with their bank. Great customer service Britannia.
  2 days ago

• Quality Regional Bank Stocks

  
  TheStreet.com — Authority: 603
  TheStreet Ratings has identified a group of high quality bank stocks, with consistent earnings performance, in contrast to many better-known banks.
  2 days ago

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