Friday, March 21, 2014
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Assets of the largest 1,000 banks in the world grew by 6.8% in the 2008/2009 financial year to a record $96.4 trillion while profits decline...
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Commercial bank: the term used for a normal bank to distinguish it from an investment bank. After the Great Depression, the U.S. Congress re... -
Economic functions The economic functions of banks include: Issue of money, in the form of banknotes and current accounts subject to cheque ...
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Investment banks "underwrite" (guarantee the sale of) stock and bond issues, trade for their own accounts, make markets, and advis...
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Banknote A banknote (often known as a bill, paper money or simply a note) is a kind of negotiable instrument, a promissory note made by a ba...
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One source of deposits for banks is brokers who deposit large sums of money on the behalf of investors through MAIC or other trust corporati...
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Banks are susceptible to many forms of risk which have triggered occasional systemic crises. These include liquidity risk (where many deposi...
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Wealth Management Wealth management services are provided by banks, professional trust companies, and brokerages. For those with sizeable as... -
There are five fundamental accounting elements within accounting. These elements are as follows: Assets, Liabilities, Equity, Income and Exp...
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Each transaction that the business makes consists of debits and credits. For every transaction the total debits must be equal to the total c...
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