TOPIC Banks have throughout time been imposed with the duty of secrecy owed to a customer. Unlike United Kingdom, Malaysia has codified this duty of secrecy and also similarly codified all the exceptions to this duty. With reference to the relevant banking legislation in Malaysia and case law, discuss and evaluate the scope of the duty of secrecy and its qualifications. Suggest also legal reforms to strengthen the bankers’ duty of secrecy owed to the customer. Introduction Loyalty and confidentiality
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Task 1 Personal Budget for October 2012 Income | Month £ | Wages | 866.66 | Parental Allowance | 20.00 | Benefit/Bursary | 43.33 | Total Income | 929.99 | Expenditure | Month £ | Rent | 585.00 | Food | 100.00 | Toiletries | 20.00 | Mobile Phone | 25.00 | Insurance | 25.00 | Going Out | 151.66 | Gym | 15.00 | Clothing | 50.00 | Transport | 86.66 | Total Expenditure | 1058.32 | Total Income | 929.99 | Total Expenditure | -1058.32 | Balance | 128.33 |
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the position of a Junior Analyst in the Global Markets Team at JP Morgan Mumbai. I am a dynamic and enthusiastic student pursuing a major in Engineering Physics from IIT Delhi, currently in my final (fourth) year. JP Morgan is a leading Investment bank and financial services provider in India, frequently featured on various 'best-employers' lists and with its global scale and reach is a perfect place for a keen and zealous undergraduate for me to begin a career. The world of finance is a constant
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aimed at applying “SERVQUAl” model to examine the relationship between the HDFC and ICICI bank service quality. The service quality of HDFC bank and ICICI bank has been evaluated by surveying different people in Delhi/NCR. Data Collected through the primary data through questionnaire. The service quality has been determined based on survey data of 50 respondents. The Service quality of HDFC bank and ICICI bank has been measured based on 5 broad parameters. These parameters are tangibility, reliability
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major development that happened in past decade was emergence of core banking which helps banks to move fast and provide better services to their customer. Due to core banking various new technologies came in to periphery of banking. These technology have change the definition of Banking. One of the major technology that is playing important role in last 5-7 years is Internet Banking services. Commercial banks across the region have invested hundreds of millions of rupees in developing required infrastructure
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standard has been applied in various countries such as Bahrain and Sudan which require Islamic Banks in their countries to follow AAOIFI’s standards. In Qatar and Saudi Arabia AAOIFI’s standards are specified as guidelines.To achieve international recognition for its standard, AAOIFI has also been working with conventional international bodies which involve in the development of standards and regulation of banks such as the International Monetary, international Accounting Standards Board, and the Basel
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Survey | 13 | Table 2 Criteria Matrix | 29 | Executive Summary Consider the following scenario; Barbara a bank teller at ABC Bank Corp does a phenomenal job completing Mr. Johnson’s transaction. They have a great time chatting about fishing and the weekend. Barbara has earned the trust of Mr. Johnson and feels she has earned the right to let Mr. Johnson know about ABC banks upcoming promotion and hands Mr. Johnson a flyer. Mr. Johnson is intrigued and reads over the flyer on the way out
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she has limited finance left as she had already overdrawn £7854 therefore she cannot use that in order to invest into reopening and starting up her business again. Due to her previous sales figures as well as her current overdraft and no income the bank is unlikely to increase her overdraft limit. The disaster that destroyed her business will have an effect on the marketing. Maya Lim will be unable to promote or sell her goods as she currently has none. ‘Her entire stock was so damaged that none
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is as such of paramount importance that banks have to be very careful while selecting right type of borrowers. 3. While selecting a borrower security will not be the only thing to be relied upon. 4. If the banker has to realise every advance by going to the court or selling the securities, it will mean considerable expenditure and waste of time, apart from the loss which may occur in a forced sale. 5. It thus indicates that in the extension of bank credit, nothing is more significant than
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Table of Contents * ------------------------------------------------- 1 Introduction * ------------------------------------------------- 2 History of GSPB * ------------------------------------------------- 3 Business in Bangladesh * ------------------------------------------------- 4 Mission Statement * ------------------------------------------------- 5 GSPB at a Glance * ------------------------------------------------- 6 Strength of GSPB * -------------------------------------------------
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