Banking Article Category


Banking Articles

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PNC Bank can track its beginnings to traditional banks dating as far back as the 1800s. Its foundation goes back to the very beginning of commercial banking with institutions as the Pittsburgh National Corporation (established as Pittsburgh Trust and Savings Company in 1852, making it the oldest bank in Pittsburgh) and Provident National Corporation (going back to the mid-19th century).
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Combined with internet commercialization and a boom in the use and ownership of computers, laptops and smart phones, the banking industry has gone out of their way to take advantage of this technology while incorporating their banking services simultaneously. Gone are the days of sending your payments in the mail where there is a chance it could possibly get lost or arrive late because of unforeseen delays in the delivery.
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There are many businesses offering various kinds of customer services which ranges from personal up to though not restricted to phone transaction. With the growth of commercialized internet and electronic transactions, most companies are beginning to take advantage of this system to provide customer service.
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Regions Financial Corporation is considered the 22nd largest bank in the United States and the 10th largest U.S. based bank with over $137 billion in assets. It provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions Bank is its banking subsidiary and has around 2,000 branches with more than 2,400 automatic teller machines spread out across 16 states in the South, Midwest and Texas.
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HSBC, referred to as world's local bank, is a global leader in banking and financial services. According to Forbes magazine, it is the second-largest banking and financial services group and second-largest public company with respect to composite measures as of 2011. It has approximately 7,500 offices in 87 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. HSBC is a universal bank that has got four divisions or lines of service: private, commercial, investment and retail banking. Additionally, it offers a variety of financial products which include credit/debit cards, loans, insurance and the like.
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The Canadian banking industry is on the list of strongest industries in Canada. It creates wealth for Canadians by serving as a medium between borrowers, investors and businessmen. According to the Canadian Bankers Association, banks across Canada paid over $7.6 billion in taxes to the Canadian government and approximately $9 billion globally as of 2005. The Canadian banking industry continues to advance regardless of the present economic turmoil.
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In today's economic climate, it is not unusual for people to find themselves in financial situations that may not be of their own making. Banks have fallen, businesses have laid people off, mortgage lenders have foreclosed, and people have had to adjust their lifestyles to meet the challenges of the current economy.
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In the course of living of the population, there exist significant elements needed for basic sustenance in their survival interest namely the necessities of food, clothing, and shelter. These elements are significant elements necessary for w healthy lifestyle and well-being for the sustainable growth and development of the people.
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The United Kingdom has almost two million Muslims. The British Muslim population is using more and more 'Islamic' banking. The government encourages the industry to integrate Muslims into the banking system and attract petro-dollars from the Gulf. In London, any Muslim can open a Shariah (Islamic law) Account. The United Kingdom was the first European country to allow the opening of Islamic banks. Islamic finance is growing in the world at high speed, especially in the United Kingdom. The British authorities are not strangers to this evolution.
Expert Author:
International investment banking is an issue that many people have to be aware of these days. After all, there are so many different people that own their own businesses and in many cases these people need to have offshore accounts. An offshore bank account is not one that is used only for crime, which is what you may think as this is how the media has basically portrayed it over the years. Instead, an offshore bank account can be a very handy thing. Generally speaking, any bank account that is opened up outside of one's native country can be considered as an offshore bank account.
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