Articles, tagged with "depositors", page 1
Why is Leaving a Big Bank so Difficult?
Recently, there has been a large revolt against financial institutions, namely the big banks. Occupy Wall Street has been spreading and continues to demonstrate against the unruly practices of our banks.
Many average Americans have become fed up with t...
What do investment banks do?
Being the average American consumer and bank customer, I assumed that my local bank was a just a bank where you deposits money, wrote checks and got loans. I knew they also handled business accounts and mortgages and offered insurance. But as far as I kne...
Are Your Savings Safe?
The Federal Government set up an independent government agency to insure all bank deposits in the USA. All registered and licensed banks in the US are required to have specific accounts covered by FDIC insurance and to post the FDIC logo.
There are man...
Wealth Creation and the Risks to Watch Out For
Wealth creation is a goal shared by many. We aim for stability and a good life, which will see us having our own homes, taking annual holidays, shopping when we feel like it, sending our children to private schools and retiring earlier than most people. W...
Find Better Yields with Money Market Accounts
If you're tired of earning next to nothing with your cash parked in a bank savings account, you should consider a money market account instead. Money market accounts almost always yield more than a savings account for several reasons, and are considered ...
Why Open an Online Checking Account
Checking accounts enable you to write cheques so that you could pay your bills as well as other products and services you sign up for. But what if you don't really need to write checks anymore?
You will be able to save time and paper. If you're not usi...
Open Season On Deposits
THE HUNT FOR DEPOSITS IS MORE INTENSE AND MORE COMPETITIVE THAN EVER.
There is no shortage for who is in the hunt. There are scouts, trackers and hunters at every turn. Brokerage houses, mega banks, community banks, Internet banks, credit unions of eve...
How to get an offshore banking license
An offshore banking license allows the holder to operate a bank in one country that gives services to depositors who are residents in alternative countries. The license is issued by the country in which the bank is operated, which is not essentially the c...
Understanding Peer to Peer Lending and Why Many Are Choosing This Over Other Loan Options
This makes the interest rate possibly higher, but individuals are not exposing there home to any risk of foreclosure.It actually pays off the debt. The term of a peer to peer loan is often three years. At the end of the three years, just by paying the mon...
Bank Holidays - Measuring the Systematic Importance of Banks in Indian Economy
Banks are playing an important role for the development of Indian economy. Recently banking system has been improved after liberalization and major changes have been done to measure the systematic importance of banks in Indian economy. The economic and fi...
RBI rate increase: Fixed Deposits turn safe and pretty investment
Reserve Bank of India has again raised its key rates - repo and reverse repo - in an attempt to control inflation. He is the 11th hike in 17 months. The message below did last week the central bank quarterly review of monetary policy is bound to cause...
Big banks wedge move to free savings rates
At a time when interest rates are rising, some of the largest banks are trying to block the move to deregulation of the savings bank rate, fearing the cost would rise beyond 4% in the diet free market.
While the Indian Banks' Association "(IBA) had ear...
It’s Celebration, as interest rate inches to 10%
Depositors pleased all the way to the bank and literally so, as interest rates offered by banks on deposits reached nearly 10 %. There are many public sector banks (PSU banks) now offers 9.75 % interest, and private peers have already raised interest rate...
Buying under-construction property can be stern problem
The recent acquisition of two properties verdicts should sound like alarm bells to buyers of the sub-construction buildings. Fifteen days before the Supreme Court (SC) has canceled the purchase of 156 acres of land in Noida. Yesterday, the Allahabad High ...
Recipe For Business Loan Denial
Recipe for Loan Denial
If you have decided to apply for a business loan, start planning ahead. Research widely on "friendly lenders" for the type and cost of funding. They may be banks, cooperative banks, angle investors, venture capitalists or other ...