No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it?
Continue reading...Monday, March 8, 2010
I plan to move to London and work for a major investment bank. How many vacation days should I be expectine to get?
Continue reading...Sunday, March 7, 2010
Can someone tell me in as simple terms as possible as to why the investment banks are crashing out like the lehman brothers recently? what economic phenomenon is causing this? How is it related to the credit crunch?
Continue reading...Sunday, March 7, 2010
I have undergrad student loans from one bank that I consolidated, and then graduate student loans from another bank. I am graduating in August and at that point I would like to have them all consolidated so I am not paying 3 different people each month.
Continue reading...Sunday, March 7, 2010
According to today’s (Sept 22) NY Times, “Both banks already have limited retail deposit-taking businesses, which they plan to expand over time. Morgan Stanley had $36 billion in retail deposits as of Aug. 31 and Goldman Sachs had $20 billion in deposits. ” I thought that ony banks could accept deposits, not investment banks. (Obviously this [...]
Continue reading...Friday, March 5, 2010
If not banks, what are you investing in right now so when the economy gets back on its feet for good you’ll be loaded rich? What’s your industry?
Continue reading...Sunday, December 20, 2009
With the internet in our midst, people are given the convenience of doing a variety of financial transactions online whether at home, in the office or even while on the go. This advanced and phenomenal technological innovation has indeed made life easier for many people including professionals, businessmen, housewives and students. However, this [...]
Continue reading...Thursday, December 17, 2009
The assassination of former Prime Minister Mr. Rajiv Gandhi seized the entire country into a grievous situation. To add to the misery, the whole economic front of the country was in doldrums. As it is, there were only a handful people who used to avail the banking facilities, they too lost faith [...]
Continue reading...Thursday, December 17, 2009
There is something common about Allied Irish Bank, Bank of Ireland and Anglo Irish Bank ? All these banks are struggling with their balance sheets and revenues. In such a scenario, you would find that some element of external assistance is welcome. A 10 Billion Pounds making a bailout plan is something all [...]
Continue reading...Wednesday, December 16, 2009
Talking about the fixed deposit, it is an account that allows the people to deposit their money for a period of time. There are different deposit periods provided by banks, but usually they are for period of 5 to 15 years. The account holders can choose any deposit period depending on their convenience. [...]
Continue reading...Tuesday, December 15, 2009
One of the biggest obstacles to the nation’s financial recovery remains banks who are still unwilling to loan even though they have received billions in financial bailouts. Congress and the Administration seem either unwilling or unable to compel banks to do so. Fortunately there are other alternatives to bank loans. One [...]
Continue reading...Saturday, December 12, 2009
Does it seem like there is a bank on every corner? It does to me. Everyone needs a bank and everyone’s banking needs are different thus we see new community banks, state chartered banks and nationally chartered banks doting our landscape. Banking is a very personal activity and people constantly look for an [...]
Continue reading...Friday, December 11, 2009
After selling piggy banks for more than a year it suddenly dawned on me – why are they called piggy banks? What does a pig have to do with saving money? A pig would be the last animal you’d associate with saving! Why not bunny banks or doggy banks and for that matter, why an [...]
Continue reading...Thursday, December 10, 2009
Australiaâs voluntary banking code, designed to protect consumers, is up for review amid concerns bank customers facing financial trouble are not being helped. The Code of Banking Practice, which has been adopted by most of Australiaâs banks, provides a framework of best practice for banks when dealing with individuals and small businesses. The code [...]
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Tuesday, March 9, 2010
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