...and lenders are better off than they would have been without financial institutions and market intermediaries. Thus, these financial institutions, such as banks, have a positive role in financing and investment which is a multidimensional process involving the complexity of many interrelated and interdependent factors of diversified nature. It is difficult to assess the contribution of each factor independently. The key to successful banking lays in the ability of balance many activities simultaneously. The bank must maintain a healthy growth rate, while at the same time it must take action to minimize the risks it faces. The bank must also maintain enough cash on hand to meet obligations. All of these are related to sound performance of a bank. Evaluating Bank Performance, examines the basic risk and return features of commercial banks. The financial performance evaluation demonstrates the strengths and weaknesses of bank performance over time. The Trust Bank Ltd. has a responsibility to ensure efficient and effective banking operation in a sound manner. The study will look at the amount of liquidity that TBL has available to meet any reasonable demands that might have to meet, how it manages general banking, Credit department and Foreign exchange Operation, what is the position in terms of profitability and how the bank...
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... |ONE Bank Ltd [OBL] |Trust Bank Ltd [TBL] | |Physical design: Both are third generation Bank, operating in Bangladesh for more than 14 years. | |OBL’s head office is located at Kawran Bazar. It has 73 branches |TBL’s head office is located at Kawran Bazar and 88 branches including service| |including service centers are at different places of the country.|centers are at different places of the country. Out of 88 branches, 13 | |All branches are located at commercial viable places. |branches are cantonment based considering Bank’s intention towards servicing | | |defense officers. | |Both Banks do not have sufficient parking lot for all branches in its premises. Thus, customers and employees share parking lot or park on the | |roadside. | |Both Banks office and branches are well decorated. However, TBL’s branches are more spacious than OBL, which helps TBL in some areas to attract | |more retail customers. | |Based on the above, both banks organizational...
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...REPO RT ON CEO(S A ND CFO (S RESP ONSIBILITIES I 078 INDEPENDENT A UDITOR#S REPORT I 08/ CONSOLIDATED BALA NCE SHEET I 081 CONSOLIDATED PROFIT A ND LOS S A CCO UNT I 083 CONSOLIDATED STATEMENT OF CAS H FLOW I 08 5 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY I 086 CONSOLIDATED LIQ UIDITY S TATEMENT I 087 BALANCE S HEET I 088 PRO FIT AND LOSS ACCOUNT I 1/ 0 STATEMENT O F CASH FLOW I 1/1 STATEMENT O F CHA NGES IN EQUITY I 1/2 LIQUIDITY STATEMENT I 1/3 NO TES TO THE FINANCIAL STATEMENTS I 1/4 ANNEXURE I 1 48 OFF S HORE BA NKING UNIT )O BU* I 160 MTB S ECURITIES LIMITED I 168 MTB CAP ITAL LIMITED I 18 0 MTB EXCHANGE )UK* LIMITED I 2/1 IUU[I S XMWVXZ +)*- = *12 DPZY\^ YX 46A#] LXO 47A#] DP]ZYX]TMTVT^TP] gqq scb `w rfc Ilqrgrsrc md Cf_prc pcb Aaa mslr_lrq md B_lej_bcqf )ICA B*- rfc Cmkn_ lgcq Aar- 2;;5- rfc B_li Cmkn_ lgcq Aa r- 2 ;;2 _ q _kc lbcb gl 3124 _lb rfc Sc aspgrgcq _ lb Evaf_lec Rsjcq- 2 ;98/ Tfc _a amslrgle nmjgagc q sq cb gl rfc npc n_ p_rgml md dgl_lag_j q r_rckc lrq _ pc _ nnpmnpg_rc _lb _pc amlqgqrclrjw sqc b `w rfc epmsn/ A jj k_rcpg_j bc n_ prspc q )gd _ lw* f_tc `cc l bgqajmqcb _lb cv nj_ glcb gl rfc lmrcq rm rfc dgl_ la g_ j qr_rc. kclrq/ Tfcpc _pc lm bcn_prspc q dpmk rfc npc qapg`c b _aa mslrgle q r_lb_pbq/ Cmkn_ p_ rgtc gld mpk_rgml f_q `c cl pc aj_qqgdgcb ufcpctcp lcac qq_pw rm amknjw ugrf rfc asppclr wc _p#q npc qclr_rgml/ Tfc _ sbgr amkkgrrcc md rfc B_li kcc rq ncpgmbga_ jjw ugrf rfc glrcpl_ j _ sbgr rc_ k rm pc tgc u rfcgp _ sbgr nj_lq_qqc qq rfc gp pc qnmlqg`gjgrgc...
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...(or) public relations help restore trust in the banks? Most of the world has been affected by what has been called the global recession. Banking deregulation is undeniably the main cause of the financial crisis. This essay is going to demonstrate why this is by covering key events, which have lead to the crisis, and highlighting some possible marketing solutions to the trust issue that has resulted from it. The Great Depression in the 1930s provoked the US government to introduce new regulations in order to reform banks and ensure that there would never be another crisis of its type again. These reforms came under the name of the banking act of 1933, commonly referred to as the Glass-Steagle act. Crucially most of the new laws meant that retail and investment banks were to be kept separate and investments could not be made if a return was unlikely. However, over 50 years later these laws became more relaxed as the banks were always pushing to be privatized, as they knew they would be able to make more money (Robert Weissman, 2009). It was then believed that the financial world had changed so much since the Great Depression that the regulatory rules were outdated and that the banks would be able to manage themselves, the decision was also influenced by $300 million of lobbying (PBS, 2003). The Glass-Steagle act was revoked in 1999 by president Clinton, this removed the separation that existed between Wall Street retail banks and investment banks and meant there was a great deal...
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...exception. The main point of "The Trusty" is the title character, Sinkler, on a chain gang in Depression North Carolina for "thinking a bank manager wouldn't notice his teller slipping a few bills in his pocket" (69). Sinkler's problem is how to escape from the chain gang and enlist an 18-year-old farm wife, Lucy, in his venture. By the end of the story, the tables have turned from wondering if Sinkler is going to take advantage of the woman, to wondering if maybe she has her own plan up her sleeve. This short story offers some nice opportunities to consider whom we trust, how we gain trust, and misplaced trust. Sinkler, the trusty, is in charge of fetching water from local wells; consequently, he does not wear restraints of any kind and is free to wander unsupervised for longer...
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...Paper 5 The Recovery of Trust: Case studies of organisational failures and trust repair BY GRAHAM DIETZ AND NICOLE GILLESPIE Published by the Institute of Business Ethics Occasional Paper 5 Authors Dr Graham Dietz is a Senior Lecturer in Human Resource Management and Organisational Behaviour at Durham University, UK. His research focuses on trust repair after organisational failures, as well as trust-building across cultures. Together with his co-author on this report, his most recent co-edited book is Organizational Trust: A cultural perspective (Cambridge University Press). Dr Nicole Gillespie is a Senior Lecturer in Management at the University of Queensland, Australia. Her research focuses on building, repairing and measuring trust in organisations and across cultural and professional boundaries. In addition, Nicole researches in the areas of leadership, teams and employee engagement. Acknowledgements The authors would like to thank the contact persons in the featured organisations for their comments on an earlier draft of this Paper. The IBE is particularly grateful to Severn Trent and BAE Systems for their support of this project. All rights reserved. To reproduce or transmit this book in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, please obtain prior permission in writing from the publisher. The Recovery of Trust: Case studies of organisational...
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...Recovery of Trust: Case studies of organisational failures and trust repair BY GRAHAM DIETZ AND NICOLE GILLESPIE Published by the Institute of Business Ethics Occasional Paper 5 Authors Dr Graham Dietz is a Senior Lecturer in Human Resource Management and Organisational Behaviour at Durham University, UK. His research focuses on trust repair after organisational failures, as well as trust-building across cultures. Together with his co-author on this report, his most recent co-edited book is Organizational Trust: A cultural perspective (Cambridge University Press). Dr Nicole Gillespie is a Senior Lecturer in Management at the University of Queensland, Australia. Her research focuses on building, repairing and measuring trust in organisations and across cultural and professional boundaries. In addition, Nicole researches in the areas of leadership, teams and employee engagement. Acknowledgements The authors would like to thank the contact persons in the featured organisations for their comments on an earlier draft of this Paper. The IBE is particularly grateful to Severn Trent and BAE Systems for their support of this project. All rights reserved. To reproduce or transmit this book in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, please obtain prior permission in writing from the publisher. The Recovery of Trust: Case studies of organisational failures and trust repair Price...
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...of health-conscience and organic products—all of which were high margin items and by the closing a few of their stores in the higher – crime – rate areas under the pretense of losing money. Company Q also refuses to donate to the local food bank because of worries over lost revenue and possible fraud by their employees. Company Q is not maximizing a positive impact through philanthropic and ethical actions. Therefore, Company Q is not showing an obligation to their stakeholders; particularly the customers and employees. A socioeconomic approach to social responsibility is an approach that does not just focus on the profits but on the benefits that the business can offer to the community. Company Q would need to adopt this socioeconomic approach if they wanted to improve their reputation. Company Q needs to have more involvement with the community, build employee trust and work on customer satisfaction. To begin, Company Q needs to improve their social responsibility by improving employee trust. Company Q needs to build a trusting work environment for their employees. In this type of work environment the employees will be trusted by upper management but also trust upper management to make the right ethical decisions. This vision of trust that shared between...
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...CREATING TEMPORARY STAFFING SERVICE FOR THE DOMESTIC DEPARTMENT. MICHAEL OKOROMADU ROYALFREE HOSPTAL CMI DIPLOMA LEVEL 5 M5006 HYPOTHESIS: The Domestics department will benefit, from the creation of temporary staffing service (bank staff). AIMS AND OBJECTIVE: To demonstrate, the benefits of setting up a temporary staff servicing system in the Domestics department. The Bank Staffing services, will not only help reduce financial expenditure on staffing, but would also help improve and maintain quality standards expected by the Trust. The aims will be achieved by the following objectives; • Analyse the data and information • Look at the option or alternative for agency staffing • Discuss the impact of the research to the domestic department • Recommend a course of action to meet the project aim • Evaluate the research to make conclusions METHODOLOGY: • Identify the problems faced by the department from staff shortages. • Analyse the methods currently employed by the Domestics department in recruiting and allocating of staff, to manage these absences. • Look into the recruitment of agency staff and the legislations guarding this process. • Analyse the Temporary staff recruitment services; the process involved in recruitment, the terms and conditions of employment, and how it would be incorporated in the Domestic Services department. The SWOT...
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...tuition of any child. [1] However, it is not apply to Muslim as mentioned in Section 2 (2) which stated that this Act shall not apply to the wills of persons professing the religion of Islam whose testamentary powers shall remain unaffected by anything in this Act contained. The terms that are used in a will are as follows: (i) Testator, the person who making the will and he must be at least eighteen (18) years of age and of sound mind unless he is a soldier in actual military service or a mariner or seaman at sea. ii) Executor (for male) and Executrix (for female), the person named by the testator to administer and distribute the estate. The Executor need not be a beneficiary. iii) iii) Trustee, the person who uphold the trust for the benefit of the beneficiaries. iv) Beneficiaries, persons who inherit or benefit under the will. If there are minor beneficiaries, for example persons below the age of eighteen years named...
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...Company Q as a small company in a large metropolis seems at this point focused more on attempting to regain profit and sustainability versus social responsibility. This seems more apparent in that they closed stores in high crime areas because of financial loss versus evaluating the local demand and perhaps changing their business model to be a more conducive fit for the local area. They also have issue with believing that their employee base would be more inclined to deceive the company and steal its product than trust that with proper training and support, that they could as well be a contributing portion of the community. Finally they make a small attempt at trying to appeal to the community by providing a very limited amount of specialized food products at the request of the customer base, however it seems likely that this was only made viable as there is a large margin of return on the organic, healthy choice food items. This request was fulfilled after years of requests. The choice for Company Q to close up stores in high crime areas due to loss of income or profit becomes a social liability due to fact it give the appearance that the company does not concern itself about the community that they had hoped to profit from. To begin with, high crime areas are typically also low income or no income areas. Creating opportunity for individuals to earn a legitimate income as well as create a chance for community pride to develop. By focusing recruiting the workforce from the...
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...A/B Trusts An A/B Trust is any type of trust that splits into two separate and distinct trusts upon the death of the grantor. One of the separate and distinct trusts is a Credit Shelter Trust, which is designed to hold as much of the grantor's property as is sheltered from the federal estate tax by virtue of the unified credit; i.e., $2,000,000 for decedent's dying in years 2006, 2007, and 2008, and $3,500,000 for decedent's dying in the year 2009. The other separate and distinct trust is a Marital Trust, which is designed to hold the remainder of the decedent's property, which is sheltered from the federal estate tax by virtue of the unlimited marital deduction. These separate and distinct trusts are designed to eliminate or reduce the federal estate tax liability of a married couple over the deaths of both spouses. An A/B Trust arrangement can be created under a living trust or a testamentary trust, since these provisions do not take effect until after the grantor's death. See "Credit Shelter Trusts" and "Marital Trusts." See also "Family Trusts" and "By-Pass Trusts." Back to Table of Contents Asset Protection Trusts An "Asset Protection Trust" is a type of trust that is designed to protect assets from the claims of creditors. There are two types of Asset Protection Trusts - a Domestic Asset Protection Trust (also known as an "Onshore Trust" or "DAPT") and a Foreign Asset Protection Trust (also known as an "Offshore Trust"). Both types of trusts are also referred to...
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...Trust: A Concept Analysis The term trust encompasses a wide array of meaning. It can be regarded both as a logical and an emotional act. Trust can be defined as having utter belief in the reliability, ability or truth of any person or thing; it is a state where the acceptance of truth even without evidence or investigations becomes possible (Oxford University Press, 2013). However, according to Merriam-Webster (2013) trust is defined as a guaranteed reliance on the strength, character or the character of any entity. Trust is an utterly important concept, even when considering it from the perspective of the nurse management. As mentioned earlier, trust has an element of emotion and logic in it. It is considered logical where a person perceives the potential gains or losses of putting their reliance on someone, calculating the possible satisfaction derived out of putting their trust into them and only after carefully analyzing all these aspects, then deciding whether or not to trust someone. However, it can be referred as emotional when any entity exposes themselves to others, hoping that rather than taking advantage of their situation, the others would tend to understand their situation and support them open heatedly. There are various dimensions to trust, some of which could be defined under the terms of predictability, delayed reciprocity, value exchange and exposed vulnerabilities. Human beings have a knack of forecasting for their future and in doing so, it is imperative...
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...CH 12 The scope of the estate tax Sec 2033 Section 2033 · Gross estate: Value of the property to extend of interest at time of death Section A · estate tax is excise tax: “tax included on the property” · Tax base must include the value of the property that most obviously is transferred (FUNCTION OF 2033) · Section 2033 includes (GROSS ESTATE) o Decedent’s securities o Bank deposits o Real state o Income earned before death are collectible by the estate § Rent § Interest § Dividends § Partnership profits § Refunds § Vested rights § Promissory notes (matured or not) § Insurance policies § Saleable (commercial) leasehold interest § Interest in rented property · By either tenants in common or one-half community. § Federal and State bonds are includable despite their exemption from other taxation either by their express terms or by law · REG 20.2033 o Descendant hold only legal title (trustee) under enforceable oral or written does not possess an interest taxable under section 2033. § Ex: agent o ONLY DIRECTLY OWNED PROPERTY · Principal reliance on judicial and administrative interpretation of Sec 2033’s simple language potentially would yield over inclusions “many” o There are not many limits o Limits must be established o Congress explicit responded what property interest that are to be taxed, eventhough they lied beyond the reach of 2033. § 2033- Base line § Section 2041 · in...
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...Antitrust law is the law of competition, and it is perhaps the least understood law of all. This article provides an overview and explanation of the essential principals of antitrust law, along with comments on certain recurring themes and recent developments in the voluminous case law by which the courts have struggled to give meaning and practical effect to the principal antitrust statutes. What Is Antitrust Law? Broadly speaking, antitrust laws seek to promote fair competition on the merits and to protect consumers and wronged competitor businesses from anti-competitive business practices — practices undertaken in effort to undermine competitive commercial behavior in a given market or line of commerce. The antitrust laws therefore forbid the wrongful acquisition or preservation of monopoly power, the abuse of monopoly power in order to establish a new monopoly, and concerted restraints of trade (i.e., business practices undertaken by two or more firms that improperly stifle or suppress “competition on the merits” in a given market). They also govern proposed mergers and acquisitions that are sufficiently large to constitute a threat to competition, and they address commercial practices that pose an arguable danger to competition on the merits in a properly defined antitrust market. The Principal Antitrust Offenses. Antitrust law is the law of competition. It is concerned with wrongs committed against competition on the merits in a given line of commerce or market. It is...
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