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Assignment 3: Banking
Save this file in your course folder, and name it with Assignment, the section number, and your first initial and last name. For example, Jessie Robinson's assignment for Section 1 would be named Assignment1JRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
1. Visit the website of a large national bank, regional bank, or
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DEFINITION OF RISK:
1. Risk in finance is defined in terms of the variability of actual returns on an investment, around an expected return, even when those returns represent positive outcomes.
2. The decisions on how much risk to take and what type of risks to take are critical to the success of the business.
3. The essence of good management is making the right choices when it comes to dealing with different risks.
4. In banking, the risk is the possibility that a borrower or counterparty will fail to meet its obligations in accordance with the agreed terms, both in terms of time and quantity.
5. Risk does not come alone – the default of one
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come to terms with or adapt to.
Describe the moral hazard problem and the lemons problem in banking and finance. Do you see these issues being more likely with direct or indirect finance? How are these issues generally dealt with in the market?
Notes for (10). Your class notes will assist in further answering this.
Moral hazard is the prospect that a party insulated from risk may behave differently from the way it would behave if it were fully exposed to that risk. A simple example would be that a person who has insurance against theft of his/her vehicle may be less cautious about locking his/her car.
Another example, is lets say there is deposit insurance in a financial
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Course Title: E-Commerce
Course Code: 435
An assignment prepared as a part of BBA program by the students of 4th year 2nd Semester,
under direct supervision of Mohammad Mizenur Rahman, Assistant Professor, Department of
Business Administration, Shahjalal University of Science and Technology, Sylhet-3114.
A Comparative Study on E-banking: A Study on Web information of Agrani
Bank Ltd. & Mercantile Bank Ltd.
Mohammad Mizenur Rahman
Department of Business Administration
Shahjalal University of Science and Technology
Shams Md. Safwan
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UNDERSTANDING UNIVERSAL BANKING
Universal Banking is a multi-purpose and multi-functional financial supermarket (a company offering a wide range of financial services e.g. stock, insurance and real-estate brokerage) providing both banking and financial services through a single window.
Definition of Universal Banking: As per the World Bank, "In Universal Banking, large banks operate extensive network of branches, provide many different services, hold several claims on firms(including equity and debt) and participate directly in the Corporate Governance of firms that rely on the banks for funding or as insurance underwriters".
In a nutshell, a Universal Banking is a superstore for
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melting of glaciers and ice-berg in the polar region and consequently rising of sea level, which will directly affect the low lying countries of the world like Bangladesh. The world conscious people are also concerned about the increase of Green House Gases and Chlorofluorocarbons (CFCs) and thereby depletion of Ozone layer. As such, every person and especially the professionals must have greater role to check the environmental degradation. The contribution of the banking sector is playing significant role to save the environment through their CSR, investment or other activities.
To save the environment, Green Management is the great initiative which is taken by bank all over the world
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Agency banking is a new banking concept introduced in Tanzania by the Bank of Tanzania (BOT). The main objective is to increase financial services outreach and to promote financial inclusion to the un-banked and under-banked population without risking the safety and soundness of the banking system. The concept is also geared towards encouraging financial institutions to use agents in the provision of banking services so as to reduce the cost of financial services and to foster financial inclusion, reach and depth. Commercial Banks worldwide offer similar kinds of services, but they could provide differences in terms of service quality. This paper analyzes past studies regarding
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Submission of Report Proposal (Draft)
Professor, Business Administration Discipline
4th Year 2nd Term
Business Administration Discipline
4th November, 2013
Name of the proposed report:
“Green Banking Initiative of Bangladesh bank and Compliance of the Commercial banks”
(A Case study based on Khulna City)
Bangladesh is a country of enormous opportunities. After its liberation war, it has rapidly changed its economic status and in spite of so many obstacles, recently it has introduced itself as a middle income country. But now, along with other
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ANNEXURE - 2(B)
Internet Banking FAQs
What are the transactions that I can do ? What are the other delivery channels? What are the different Banking Services in Internet Banking? What are the different kinds of Fund Transfer in Internet Banking? What are the formalities to access an Internet Banking Facility? I have not received my user id and password? How do I enable the Online Banking after getting the user id and passwords? Can I use a Laptop to access Allahabad Bank Internet Banking? What are the system requirements I need to access Allahabad Bank Internet Banking? Getting slow response when I am accessing the Allahabad Bank Internet Banking. Why? How can I clear my browser cache
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The global finance system is made up of a two-tier system consisting of the traditional banking system and shadow banking. Shadow banking consists of financial institutions that provide lending and banking activities done outside the scope of traditional banking; lending via auto loans, consumer loans and mortgages. Where traditional banks utilize cash deposits in order to raise capital, shadow banks sell securities on the market by means of the repo (repurchase) market where “collateral that can be rehypothecated” or traded for capital to then be repurchased at a later date. (Gorton, 14) This fact limits the amount of lending traditional banks can do leaving a void and perhaps opportunity
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What is Islamic banking? Islamic banking in Malaysia Observing Shariah principles Shariah concepts in Islamic banking Frequently asked questions Glossary
This booklet tells you about the basic concepts and principles of Islamic banking.
What is Islamic banking?
Islamic banking is banking based on Islamic law (Shariah). It follows the Shariah, called ﬁqh muamalat (Islamic rules on transactions). The rules and practices of ﬁqh muamalat came from the Quran and the Sunnah, and other secondary sources of Islamic law such as opinions collectively agreed among Shariah scholars (ijma’), analogy (qiyas) and personal reasoning (ijtihad).
Islamic banking in
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Difference Between Investment Banking and Merchant Banking
Investment vs. Merchant Banking
Bank is an organization that provides a range of financial and some non financial services to its customers. The main source of income, that makes the bank survive is the interest charged from those to whom the bank has given loan. A bank accepts deposits from its customers and pay interest to that deposited money, while it lends money to those who need finance and charge interest from them. The interest rate chargeable from the borrowers is higher than the interest rate payable to depositors. This is how a bank, which is traditionally known to normal people, earns revenue. Banks can be broadly
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Shadow Banking in China: Boon to Bane
The shadow banking system is a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks. Shadow banking, in other words, is a system that is governed by a coterie of financial intermediaries that carry out traditional banking functions like borrowing and lending but in a way that is loosely connected with the traditional functions of depository institutions. Examples of important components of the shadow banking system include securitization vehicles, asset-backed commercial paper (ABCP) conduits, money market mutual funds, markets for repurchase agreements (repos), investment banks, and
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Green banking: Future important issue for banking industry
Md. Aminul Islam
The scientific name of environmental study is Ecology. More specifically if we define Environmental study or Ecology it means "the scientific study of relation of plants and living organisms to each other and their surroundings." We know this planet "Earth" is the only green planet created by Allah Subhanu Taala. Now, this planet is in danger due to over exploitation and greediness of the humanity. All other fauna and flora are also in danger and already many species have disappeared from this planet due to rapid change of ecosystem.
The term Green Banking is now popular worldwide now-a-days. It is for
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The Rise of Mobile Banking
It is truly amazing how fast new ideas can manifest themselves in such a mysterious world filled with mystery and opportunities. These ideas are able to take on the world by full throttle with the strong encouragement of particular communities and groups of people. Within the finance world, new technologies have had such a substantial impact in a vast amount of areas. The ways of doing things are growingly simpler thanks to the massive contribution to this technology age where tasks are done in an instant. More specifically, banking has become increasingly more popular in the United States thanks to the added convenience of being able to access banking
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This study debates upon the history of Islamic banking. What are the ethical issues involved in the implementation of Islamic banking. Since the birth of Islam what type of steps are taken and by whom these measurements were taken. Besides this this paper also declares the response and customers point of view regarding Islamic banking with the help of different studies.
History of Islamic banking
The term Islamic banking got regular in the 1960's, however the systems and thoughts of the framework were suggested and operated since the beginning of Islam. Numerous studies and explores have indicated that Islamic money
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Transnational Corporation (TNC) or Multinational Corporation (MNC)
- It is a corporation which maintains its headquarters in one country but performs production, marketing, finance, and personal functions within many other countries.
- The owners of such corporations are the highly industrialized countries of the world like United States, Great Britain, France, Germany, and Japan.
- International finance institutions which do their business in many countries of the world.
- These are special types of transnational corporations whose field of specialization is global banking or international finance.
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Swinging Banking : Not Very Promising
August 13, 2002
Not too bad if you may claim so …..
The Bangladesh banking sector relative to the size of its economy is comparatively larger than many economies of similar level of development and per capita income. The total size of the sector at 26.54% of GDP dominates the financial system, which is proportionately large for a country with a per capita income of only about US$370. The non-bank financial sector, including capital market institutions is only 3.22% of GDP, which is much smaller than the banking sector. The market capitalization of the Dhaka Stock Exchange was US$1,025 million or 2.19% of GDP as at mid-June
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The Real Effects to Our Country and the Implications within Global Economy?
The purpose for this research paper is to identify the effects of banking deregulation on the US economy and try to tie in the global economy as well. Information being used for the positions taken was made using resources online and books that have been collected. The question that I am attempting to answer regarding deregulation are; what was the driving reasons behind the decisions made supporting deregulation and what were the effects of deregulation on the US economy. In order to answer these questions it is imperative that we understand the historical
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of this cover sheet, be careful not to remove the ‘Section Break’. This is viewable by selecting the ‘Normal’ option in the ‘View’ menu.
Table of Contents
Executive Summary 4
1. Company Background of Dubai Islamic Bank 5
2. Industry and Environmental Background 12
3. Interviews of Departments and Employees 14
4. Recommendations and Implementations 20
Banking Operations in the Middle East has taken a significant turn in recent years where the market has been dominated by different competitors and different segments of banking that cater to the diverse requirements of the customers. From small scale business to large corporate
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Consumer Banking | February 10
| Final Project |
Ahmad Nawaz L1F11BBAM2342
Prof. Akhtar Hussain
Reasons for the bad performance:
* In advancing new loans, they granted NPLs are more than they estimated for 2011 when we compared with last year 2010. By advancing these types of loans, repayment of these loans is risky because NPLs are not use for productivity. If borrowers declared themselves bankrupt then recovery of the loans will not be confirm.
Period | Target | Achieved | % Achieved |
31-12-2011 | 104.166 Million | 175.015 M
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Banking on Branch Banking
- Satwik Misra, CFA
s a student of business and a banker by
profession, I continue to be intrigued by
the powerful economic and customer
centric argument made by the ongoing Fintech
revolution. After all what is the deal about
Fintechs? Fintech startups have essentially
created a business model which avoids
structural formalities of being an institution,
while providing a more efficient means of
serving clients. This is exactly what makes the
move to digital extremely attractive for banks,
and ones who seek to reduce cost and change
with changing times, in other words modernize. The question that I seek to answer
through this post is that in
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Money & Banking
March 8, 2014
How Technology has changed the Banking World over Time
“In 1939, Luther Simjian patented an early and not-so-successful prototype of an ATM. However, some experts have the opinion that James Goodfellow of Scotland holds the earliest patent date of 1966 for a modern ATM, and John D White in the US is often credited with inventing the first free-standing ATM design. In 1967, John Shepherd-Barron invented and installed an ATM in a Barclays Bank in London. Don Wetzel invented an American made ATM in 1968. However, it wasn't until the mid to late 1980s that ATMs became part of mainstream banking” (Bellis).
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EGERTON UNIVERSITY TOWN CAMPUS
FACULTY OF COMMERCE
DEPARTMENT OF ACCOUNTING, FINANCE & MANAGEMENT SCIENCE
NAME: OCHIENG JARED OPONDO
REG NO: C12/60275/09
COURSE: BCOM 330; Financial Institutions and markets
TASK: TERM PAPER
TITLE: COMMERCIAL BANKING IN KENYA
PRESENTED TO: MRS. BOSIRE MARY
PRESENTED ON: 19TH October 2011
This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya, the roles/functions of commercial banks. It then focuses on the
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I am Balbir kaur student of final semester MBA, School of management studies, Punjabi university,patiala .I am doing a survey on Mobile banking in different banks, so I would be grateful if you could spend some of your time in filling up this Questionnaire.
a)18-20 b)21-25 c) 26-30
d)31-40 e)41-50 f)>50
2. Monthly Income
c) 15,001-20,000 d) 20,001-25,000 e)>25,000
3. Which are the banks you are dealing with?
a) ICICI Bank b)HDFC Bank c) Bank
d) Axis bank e)IDBI Bank f) Others
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The banking industry has always been susceptible to economic fluctuations. The subprime mortgages crisis, that started to be felt in 2007 and is still going on, is not an exception. Although it had consequences all over the world, the main effects were seen in American financial markets, followed by the European ones. The top ten banks of the world also suffered the consequences; these can be seen in the changes occurred among these leading institutions in terms of market capitalization and also total assets. After several years of believing in free markets, capitalism and no government intervention, the whole scene has changed. During this period, the governments, acting
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Longform Reviews Video Tech Science Entertainment Cars Design Business US & World Forums
Guest editor Bill Gates
Can mobile banking revolutionize the lives of the poor?
By Ben Popper
We're excited to have Bill Gates as our guest editor in February. Throughout the month, Bill will be sharing his vision of how technology will revolutionize life for the world's poor by 2030 by narrating episodes of the Big Future, our animated explainer series. In addition, we'll be publishing a series of features exploring the improvements in banking, health, farming, and education that will enable that revolution. And while the topics reflect the bets Bill and his wife Melinda are
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engaging in deals in emerging markets such as Brazil and China.
The US investment banking industry includes about 3,000 companies with combined annual revenue of about $150 billion. High growthis forecast for the next two years. Key growth drivers include expansion into foreign and emerging markets and the creation of new product lines.
Demand is driven by economic activity that results in company mergers, acquisitions, or public financing. The profitability of an investment bank depends on its ability to accurately assess both the value of a business transaction and the readiness of the market to buy the attendant debt or equity. Big firms have an advantage because large customer
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Universal banking is the norm in lower- and middle-income countries. Ever- expanding safety nets also seem to be the norm in the 20th century in these same countries. Is there a connection between the two? Should the structure of the financial system influence the depth or breadth of the financial safety net adopted by governments? Why or why not?
The role and the future of safety nets as an inherent feature of the majority of financial systems today have been debated widely following the recent financial and economic meltdown. In order to develop adequate reforms for the global financial system, it is important to understand the role of safety nets in both developed and developing
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Chapter – 1
1.1 Background of the Study
After completion of all the required courses of MBA program under Stamford University Bangladesh, it is an indispensable part of the study to get involved in a practical professional environment. I had joined with The Rupali Bank Ltd. Local Office, Dhaka for a three months period. Local Office, Dhaka, is the main branch of the Rupali Bank Ltd. And it performs the entire banking activities including General Banking, Loan & Advance and Foreign Trade Financing. As a result, one can easily learn all the simple and intricate banking operations from the activities of this branch. So I select rupali Bank Ltd. Local Office, Dhaka, as sampling
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HISTORY OF PHILIPPINE BANKING
Philippine banking has a long and colorful history. It began in 1828 when, as the Philippines reaped the benefits of increased trade, King Ferdinand VII of Spain issued a decree mandating the establishment of a public bank in the Philippines.
However, it took 23 years before that bank could become a reality. The man behind the actual organization of the bank was no less than the governor-general of the Philippines at that time, His Excellency Antonio de Urbiztondo y Eguia.
Gov. de Urbiztondo was a marquis of Solana in Spain who was named governor-general of the Philippines in 1850. His term of office was characterized by many administrative
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4.1 General Banking of Sonali Bank Limited:
Financial institution/ intermediary that mediates or stands between ultimate borrowers and ultimate lenders is knows as banking financial institution. Banks perform this function in two ways- taking deposits from various areas in different forms and lending that accumulated amount of money to the potential investors in other different forms.
General Banking is the starting point of all the banking operating. General Banking department aids in taking deposits and simultaneously provides some ancillaries services. It provides those customers who come frequently and those customers who come one time in banking for enjoying ancillary services. In
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zeker op terug. De mate waarin banken en het financiële systeem de kracht hebben om crisissen te beheersen en te overleven of zelfs te remediëren is essentieel. Daarom moeten we nu meer in detail inzoomen op de diverse types en activiteiten.
Alhoewel banken geëvolueerd zijn tot complexe organisaties is het best om met de basisdefinities te starten.
Microeconomics of banking – xavier freixas .We citeren de basisdefinitie van Freixas: “A bank is an institution who’s current operations consist in granting loanes and receiving deposits from the public”. Andere definities breiden dit uit met het organiseren van het betalingssysteem en het opzetten van betaalsystemen. In feite is dit de
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Banking Regulation Page 1
Owning a home is part of the 'American Dream'. It allows people to take pride in a property and engage in a community for the long term. However, homes are expensive and most people need to borrow money to get one. Conditions were right for many people to achieve that dream in the early 2000s, mortgage interest rates were low, which allow you to borrow more money with a lower monthly payment. In addition, home prices increased dramatically, so buying a home seemed like a sure bet. Lenders understood that homes make good collateral, so they were willing to participate.
In 2007, the US economy entered a mortgage crisis that caused panic and financial
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JOURNAL OF ECONOMIC ISSUES Vol. XLV No. 2 June 2011 DOI 10.2753/JEI0021-3624450213
Banking Ethics and the Goldman Rule
John P. Watkins
Abstract: Insulating people from the effects of the crisis has left intact the habits of thought and the basic institutional structure. The continued reign of pecuniary values leaves intact the Goldman Rule: pursue profitable opportunities regardless the effects on others. Within a culture dominated by pecuniary values, profitable opportunities present a coercive force. Laissez-faire policies allow profitable pursuits without restraint. Subprime mortgages offered an opportunity to tap a new source of profits, namely, the increase in housing prices
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RBI – The Reserve Bank of India is the apex bank of the country, which was constituted under the RBI Act, 1934 to regulate the other banks, issue of bank notes and maintenance of reserves with a view to securing the monetary stability in India.
Demand Deposit – A Demand deposit is the one which can be withdrawn at any time, without any notice or penalty; e.g. money deposited in a checking account or savings account in a bank.
Time Deposit – Time deposit is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term.
Fixed Deposits – FDs are the deposits that
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The financial services consumer protection in the commercial banks, capital markets and insurance business has been secured through the deposit protection, investor protection and policy holder compensation funds.
Having regard to the structure and objectives of these funds, critically analyze how they have dealt with the twin problems of adverse selection and the moral hazard.
Structure and objectives of the funds
Deposit protection fund was established under section 36 of the banking act of 1985 and managed by the deposit protection fund board. The board was established as a deposit scheme to provide cover for depositors and act as a liquidator of failed member
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Even though Bear was involved with investment trades around the world, the Fed did not grant Bear a government bailout. The Fed did step in to help maintain stability for the market, but LTCM for Bear was out of luck. Bear differed from its downward pressure on global securities prices, market stability, the possibility and probability to crash fast and hard, and the market environment was simply too hectic.
Well first and foremost, the biggest change that could have been made, would be to hold the bridge tournament a couple months earlier. I believe that would have changed the outcome of Bear Stearns and allowed Cayne to save the day. All joking aside
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, it is to reassure all concerned that the Islamic economists share the anxiety justifiably caused by the current happenings in the financial markets in particular and in the economic aspect of living in general. They too share the search of a better way for managing our affairs.
Second, it is to shake out those sympathizers of Islamic economics who might presume that abolition of interest takes care of all the current problems in finance and economics. There is a need to go beyond that necessary but not sufficient step in an Islamic reconstruction of man's economy.
More than anything else, Islamic banking and finance, a sub-section of Islamic economics, has been a quest for justice
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liquidity. Equally, there would be months with lower loan demands because of the result in greater payments of debt. An important factor is that the balance of assets and loan demand and the precise calculation of interest rates will very much influence the earnings of the bank. While banks must meet rigid issues over loan making, liquidity and loan diversification, these issues must be considered against the banking success.
Madura, J. (2008). In J. Madura, Financial Markets and Institutions (pp. 499-526). Mason: Cengage Learning.
Berger, A. N., & Bouwman, C. H. (2008, October). Financial Crises and Bank Liquidity Creation. Retrieved March 2010, from Social Science Research Network: http://ssrn.com/abstract=1231562
Petria, N., & Petria, L. (2009). Operational Risk Management and Basel II. Management and Economics , 96-100.
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The Federal Reserve
Jermaine C. Taylor
ECO320 Money & Banking
March 2, 2014
Prof. Diana Bonina, Ph.D.
The Federal Reserve established on December 23, 1913 when President Woodrow Wilson signed the Federal Reserve Act into law. Although started in 1913, actual operations of the Reserve began in 1914. In order to provide the country with a safer financial system, Congress created The Federal Reserve System as the central bank of the United States.
Today, the Federal Reserve’s responsibility falls into four general areas: conducting the nation’s monetary policy; supervising, regulating and other soundness of the country’s financial system; maintaining the
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Problem Sheet | The Economics of Money, Banking & Financial Markets |
2014 | Ch 3 Sheet 3 |
Instructor: Hala A. Fares | Tutor: Sarah Mostafa |
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.
1) To an economist, ________ is anything that is generally accepted in payment for goods and services or in the repayment of debt. 1) _______
A) credit B) money C) wealth D) income
2) Money is 2) _______
A) a flow of earnings per unit of time.
B) anything that is generally accepted in payment for goods and services or in the repayment of debt.
C) always based on a precious metal like gold or silver.
D) the total collection of pieces of
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Background of the Study
Many people nowadays have mobile phones. This is because of the relatively low cost of purchasing a mobile phone, low cost of sending a Short Message Service or SMS and the limited availability of landline. One service that can be availed with the use of mobile phones is the mobile banking services. Mobile banking shows some potential to change the way depositors perform financial transactions. Many people have already started using their mobile phones in performing transactions to avail of the different financial services offered by financial intermediaries and have experienced its convenience. However, many people remain skeptical of the benefits of mobile
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Bank Employees Perceptions on Islamic Banking Acceptance
This research was conducted to investigate bank employee perceptions on Islamic banking acceptance. The questionnaires were distributed to bank employee at Maybank Islamic Wangsa Maju (Islamic bank) and Maybank Setapak (Islamic window) Kuala Lumpur. Interestingly, few of the bank employees possessed a relevant academic background or relevant experience in banking on this career. The bank employee also claimed that they had very limited knowledge in this area prior to working with the banks; thus, the issue of the availability of well-trained and skilled employees must be addressed critically by the government, industry
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Choosing you Banking Partner
Managing your Banking Relationship
As a finance manager, managing banking relations has been both a difficult and challenging task. Many treasurers inherited banking relationships that had to be maintained with the various banks that composed the corporation’s core group while achieving their main objective: to ensure that all the company’s needs were met reliably and within a reasonable cost (Zietlow and Maness 289).
But what are the things that a finance manager should focus on when trying to determine what bank(s) to chose? Is it based solely on cost? How often so finance managers shop around? Or is it better to just sit tight with the current
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Security Measures in Internet Banking
“Internet banking is a faster means of banking which can be made safe through various security measures”
Following points are considered to elaborate the statement:
* Security in Internet banking
* Security threats in Internet banking
* Solutions to implement security
The rapid advancement in technology has touched nearly every area of life. The Internet and web technologies have already left their indelible mark on the way the world functions. Banking is no exception to this paradigm. In the financial services industry, the Internet and, in particular, the World Wide Web, serve as a new channel for
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Banking and Monetary Policy in 2010
Pakistan faced serious economic difficulties in the last few years particularly in 2008 due to high inflation, large current account deficit, dwindling foreign exchange reserves and excessive borrowing by the Government from the Central Bank. Monetary policy was therefore tightened throughout 2009 to bring inflation under control. Policy rate was cut only when signs of moderation in inflation began to appear. It is only in the last few months that macro stability has been achieved with the assistance of the IMF. But paradoxically the global financial crises had very little to do with the domestic economic
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What is Mobile Banking? Mobile Banking is a Banking process without bank branch which provides financial services to unbanked communities efficiently and at affordable cost. To provide banking and financial services through mobile technology devices i.e. mobile phone called Mobile Banking. Benefits of Mobile Banking Real time on-line banking Available anytime, anywhere throughout the country It is convenient, affordable and secure It is much more effective in developing savings habits It will make access to banking and advanced payment transactions at affordable cost It is much safer, speedy and safeguard against fraudulent transactions What does DBBL Mobile Banking offer
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What career options are available? Are the
myths about the hours or salary really true?
And how do you get a foot in the door?
This straightforward, no-nonsense guide
has info on most divisions and roles plus
tips on getting hired. What’s more, it’s all
been written with the help of recent
graduates working at Deutsche Bank who
were in your shoes not that long ago.
Your career in banking starts here.
OVERVIEW OF BANKING
Banks are large, complex organizations, but what
do they do exactly?
There are four broad categories of banking:
Put simply, they provide services for those who
want to borrow, lend and invest. Their clients