Citi

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    Business Activities of Citibank

    Commercial bank - bank that provides transactional, savings, and money market accounts and that accepts time deposits. Role of commercial bank: * processing of payments by way of telegraphic transfer, EFTPOS, internet banking, or other means * issuing bank drafts and bank cheques * accepting money on term deposit * lending money by overdraft, instalment loan, or other means * providing documentary and standby letter of credit, guarantees, performance bonds, securities underwriting

    Words: 1098 - Pages: 5

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    Swift System

    the hebrew university of jerusalemthe school of business administration | S.W.I.F.T | Financial Institutions Management | Instructor: Prof. Eli Elyasiani | Ammar Gharra, Ronen Tzuri, ID | ‏14/07/2012 | Sprint 2012 | In these paper we discuss the orginis and the development of the Society of the Worldwide Interbank Financial Telecommunication which we call it SWIFT, the foundation, the infrastructure that its support, the alternative systems, and the role of Swift in war on terror

    Words: 1273 - Pages: 6

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    Basel Iii Norms

    FORE School of Management A DISSERTATION REPORT ON Impact of Basel III norms on select Indian & European banks Submitted By: DEEPANSHU CHANDRA, 053009 FORE SCHOOL OF MANAGEMENT, DELHI A Report submitted in partial fulfilment of the requirement of Post Graduate Diploma Program in Management SUBMITTED TO: Faculty Guide: Prof. Sanghamitra Buddhapriya FORE School of Management 1 FORE School of Management CERTIFICATE This is to certify that Mr. Deepanshu Chandra has completed

    Words: 12440 - Pages: 50

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    The Greed Cycle

    The article “The Greed Cycle” is an in depth look of the advancements in the ways business compensates its heads of industry. The article links the trend of corruption among executives when there was lax regulation, and methods of fixing numbers. The question that is purposed by the article is if greed comes naturally; or if it is an evolution that corporate America creates. It is true that the creation of Sarbanes-Oxley has significantly prevented the events that occurred regarding CEOs and the

    Words: 1280 - Pages: 6

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    Wells Fargo History

    Wells Fargo History in Portland Financial Heartland Before banking, Wells Fargo was simply the merging of two rival transportation companies in the 1850’s. In order to serve the West’s demand for faster communication, Henry Wells and William Fargo built a Wells, Fargo & Co. location in 1882 in Portland, Oregon. Portland’s location at the joining of the Willamette and Columbia established it as the shipping center for the Pacific Northwest and an attraction for Wells

    Words: 1157 - Pages: 5

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    Corporte Accounting

    1. Introduction: As the global economy is shifting, The Prime Minister of Australia Julia Gillard outlined the Government’s plan to cut pollution on 24th February 2011 in order to tackle climate change and deliver the economic reform[1]. Australia needs to move to a clean energy in the future. As per the announcement, the carbon price commences on 1 July 2012, subject to the ability to negotiate agreement with a majority in both houses of Parliament and pass legislation in 2011[2]. The corporations

    Words: 3200 - Pages: 13

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    Stock Market News

    Oct.12 1) U.S government on Tuesday outlined a rule sharply limiting bank’s ability to make bets with their own capital. 2) After being all but shut out of the short term debt market crisis, some company are edging back in. 3) Capitals that Europe increase the debt pressure of Germany and France, Dexia’s collapse shows that some measures of financial strength could paint and misleading pictures of how much additional firepower is needed. Oct.13.1) The people’s bankinvestors

    Words: 1102 - Pages: 5

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    Near Field Communication

    NEAR FIELD COMMUNICATION Near Field Communication is an immerging technology in the field of wireless industry. NFC technology can be used in billing counters, buses, or sharing information to friends. It can be used by swapping the smart phone over NFC enabled device such as a NFC tag which has information stored in it. For example instead of swiping credit card in the card reader at any shop we can just simply take out phone from our pocket and wave it over the NFC enabled reader and credit card

    Words: 1184 - Pages: 5

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    The Great Moderation

    The purpose of this analysis is to obtain an improved understanding of “The Great Moderation”, its causes and effects as well as the end of an economic cycle. Additionally, the information gathered can be used to better understand how and why “The Great Moderation” is no longer a valid method of the business cycle. The global economy as well as international markets stand to surge or fall according to the ebb and flow in the market or the business or economic cycles. According to Diego

    Words: 1294 - Pages: 6

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    Leveraged Buyout, Privatisation, and the Subsequent Re-Listing of Amtek Engineering Limited on the Singapore Stock Exchange

    Introduction This analysis of the LBO of Amtek Engineering Limited (“Amtek”) in 2007 is noteworthy, primarily because it is one of the more recent example in Singapore of a leverage buyout of a public company involving private equity players , and it showcases a example of how private equity firms typically restructure and streamline the acquired company, subsequently executing their exit strategy via an initial public offering. In this paper, I will first provide a background on the leverage buyout

    Words: 1312 - Pages: 6

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