The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom and the model on which most modern centra...
The business of banking is in many English
The business of banking is in many English common law countries not defined by statute but by common law, the definition above. In other English common law jurisd...
Hungary was supposed to join the eurozone
Hungary was supposed to join the eurozone in 2010, which would have resulted in the MNB losing control of monetary policy, but central bank leaders criticized thi...
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The Governor of the Hungarian National Bank is appointed by the President of Hungary at the proposal of the Prime Minister for a six-year term. The most important...
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In the Austria-Hungary era the Austro-Hungarian Bank was the central bank of the Monarchy, but after World War I, it was dissolved and the new Royal Hungarian Sta...
The Danske Bank group operates a number of local banks
Danske Bank is a Danish bank. The name literally means "Danish Bank". It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenha...
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Assets of the largest 1,000 banks in the world grew by 6.8% in the
2008/2009 financial year to a record US$96.4 trillion while profits
declined by 85% to U...
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Five years ago Sarah Hosseini had a great gig as a TV producer for a news station in Charlotte, North Carolina.
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Five years ago Sarah Hosseini had a great gig as a TV producer for a news station in Charlotte, North Carolina.
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BaFin was formed on 1 May 2002 with the passing of the Financial Services and integration Act (German: Gesetz über die integrierte Finanzaufsicht (FinDAG)) on 22 ...
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The Federal Financial Supervisory Authority (German: Bundesanstalt für Finanzdienstleistungsaufsicht) better known by its abbreviation BaFin is the financial regu...
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Financial institutions in most countries operate in a heavily regulated environment because they are critical parts of countries' economies, due to economies' dep...
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Countries that have separate agencies include the United States, where the key governing bodies are the Federal Financial Institutions Examination Council (FFIEC)...
Financial institutions in most countries operate in a heavily
Financial institutions in most countries operate in a heavily regulated environment because they are critical parts of countries' economies, due to economies' dep...
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Standard Settlement Instructions (SSIs) are the agreements between two financial institutions which fix the receiving agents of each counterparty in ordinary trad...
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Five years ago Sarah Hosseini had a great gig as a TV producer for a news station in Charlotte, North Carolina.
She loved the work, and expected a continual -- an...
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If you're still searching for a strategy or the markets meltdown makes you a wary of your current plan, here are three ways to bulletproof your retirement savings...
The history of the central bank of Norway can
Norges Bank / Noregs Bank is the central bank of Norway. Apart from having traditional central bank responsibilities such as financial stability and price stabili...
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On 31 December 2010, the bank had 590 employees. All Executive Board appointments are made by King Harald V, after a decision by the Council of State. The Chairma...
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Banks can create new money when they make a loan. New loans throughout the banking system generate new deposits elsewhere in the system. The money supply is usual...
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Banks borrow money by accepting funds deposited on current accounts, by accepting term deposits, and by issuing debt securities such as banknotes and bonds. Banks...
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Since the advent of EFTPOS (Electronic Funds Transfer at Point Of Sale), direct credit, direct debit and internet banking, the cheque has lost its primacy in most...
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Gradually the goldsmiths began to lend the money out on behalf of the depositor, which led to the development of modern banking practices; promissory notes (which...
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The Bank of England was the first to begin the permanent issue of banknotes, in 1695.[7] The Royal Bank of Scotland established the first overdraft facility in ...
