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1. Merryl Lynch
2. Morgan Stanley
3. Lehmann Brothers (Once upon a time)
4. JP Morgan Chase
5. etc...
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∙ 14y ago
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How did roosevelt deal with the banking crisis?
He taxed the rich people and businesses a whopping 96% and used this money to emply the rest of the population. He also segregated banks into investment and deposit banks (cant remember the actual name of the bill).
What is the difference between corporate banking and private banking?
Corporate banking is the handling of money between banks and companies. Private banking is where individuals deal directly with banks, engaging in activities such as ATM withdrawals and borrowing loans.
Why separate commercial and investment banks?
Commercial banks are guaranteed by the state not to fail because they take deposits from the customers. Investment banks have nothing to do with the individual customer. They don't take or lend deposit. they deal a lot in securities activities which is very risky business. You could win or lose a lot. Most or all commercial banks now have an investment banking arm or department which risks or endangers the deposits of customers if their deals go sour. If things go bad, the commercial bank is guaranteed by the state not to fail so they will pump money into that bank, i.e taxpayers money. This is all because the investment arm of this bank blew all the banks money in its risky bet. Therefore an investment bank should be separate from commercial.
What are the features of traditional banking?
To administer, to save and to guide you on financial issues. In fact, banks lend you money and charge for this work. There is no important differences between traditional banking and today's banking. Money has been always the merchandise that they deal with.
Difference between Investment Bank Retail Bank and Corporate Bank?
According to my research on our friendly world wide web i found out that, Investment banks: Are those banks which raise money by selling securities to other companies and government. At present (since Lehman brothers & Merill Lynch are out of picture) Goldman sachs and Morgan Stanley are largest investment banks in USA. Retail banks: Are those banks which directly deal with customers. It deals with savings account, checking account, personal loans etc Commercial banks: Take deposits and gives loan to corporations. Bank of America is the largest commercial bank. Universal banks: are banks that participate in activities of commercial banks as well as investment banks. Bank of America is an universal bank
Types of banks and their functions?
Banking is the activity using which individuals can deal with money. Saving, lending, spending etc. comes under banking. There are many different types of banks. Some of them are: a. Commercial or Retail Banks - Provide general banking services b. Private Banks - Provide personalized banking services to wealthy clients c. Investment Banks - Provide investment management services d. Central Banks - Banker and Regulator of all banks e. Rural Banks - Provide banking services to rural customers f. Etc.
What is banking and state its classification?
Banking is the activity using which individuals can deal with money. Saving, lending, spending etc. comes under banking. There are many different types of banks. Some of them are: a. Commercial or Retail Banks b. Private Banks c. Investment Banks d. Central Banks e. Rural Banks f. Etc.
How did roosevelt deal with the banking crisis?
He taxed the rich people and businesses a whopping 96% and used this money to emply the rest of the population. He also segregated banks into investment and deposit banks (cant remember the actual name of the bill).
What is investiment banking?
Investment banking is the division that encompasses business entities that deal with the creation of capital for other companies. In addition to acting as agents or underwriters for companies in the process of issuing securities, investment banks also advise companies on matters related to the placement of stock.
What is the difference between corporate banking and private banking?
Corporate banking is the handling of money between banks and companies. Private banking is where individuals deal directly with banks, engaging in activities such as ATM withdrawals and borrowing loans.
What is bank and functions?
Finance is the life blood of trade, commerce and industry. Now-a-days banking sector acts as the backbone of modern business. Development of any country basically depends upon the banking system.
What are some of the well known banks that deal with business banking?
Banks that can deal with business banking include but are not limited to: Bank Of America (BOA), Chase, Comerica, and even more companies are out there. Not all banks deal with it, but the best one would be the one who offers good service for a low price.
What is investiment?
Investment banking is the division that encompasses business entities that deal with the creation of capital for other companies. In addition to acting as agents or underwriters for companies in the process of issuing securities, investment banks also advise companies on matters related to the placement of stock.
Is there a bank that deal specifically with business'?
Fair Investment in the United Kingdom is known for working primarily with businesses. However, in the United States, most banks have special representatives to handle business banking specifically.
What is the Difference between merchant banking and investment banking?
Merchant banking involves providing financial services to corporations and high-net-worth individuals, such as managing mergers and acquisitions, underwriting securities, and offering advisory services. Investment banking, on the other hand, focuses on helping companies raise capital through issuing securities in the capital markets, providing financial advice, and facilitating mergers and acquisitions. In essence, merchant banking is more focused on providing comprehensive financial services, while investment banking specializes in capital raising and advisory services.
What is a good investment for newly weds?
The best investment for newly weds is to save for a home and they can go to their banking institution that they deal with and speak to a Financial Adviser.
Why separate commercial and investment banks?
Commercial banks are guaranteed by the state not to fail because they take deposits from the customers. Investment banks have nothing to do with the individual customer. They don't take or lend deposit. they deal a lot in securities activities which is very risky business. You could win or lose a lot. Most or all commercial banks now have an investment banking arm or department which risks or endangers the deposits of customers if their deals go sour. If things go bad, the commercial bank is guaranteed by the state not to fail so they will pump money into that bank, i.e taxpayers money. This is all because the investment arm of this bank blew all the banks money in its risky bet. Therefore an investment bank should be separate from commercial.
