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FDIC - Federal Deposit Insurance Corporation
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What are the different types of Contingent Liabilities?
Common types of contingent liabilities include guarantees and the results of legal disputes. Guarantees may be given on behalf of an associate company, or as part of a larger deal (banks frequently give guarantees of various sorts as part of their business).
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 collection agency does US Bank deal with?
Elan Financial Services. This is a subsidiary of US Bank. When Elan fails to recover, US Bank will assign the debt to a regional attorney.
Where can I get a money order and how much do they cost?
You can get a money order at any bank for a fee, depending on what bank you deal with and in what country. They all have different rates.
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
What New Deal program guaranteed bank deposits of up to 2500?
the FDIC
Which New Deal program guaranteed bank deposits of up to 2 500?
The FDIC
What steps can a bank take to deal with a significant outflow of deposits?
Answering "What steps can a bank take to deal with a significant outflow of deposits?"
This New Deal organization insured individual bank deposits?
FDIC - Federal Deposit Insurance Corporation
Which single New Deal program do you believe was the most helpful for getting out of the Great Depression?
Many believe that bank reform was the single New Deal program that was most helpful for getting out of the Great Depression.
How does the nrb deal with bank failure?
how does nepal rastra bank deal with bank failer
What do bank teller do?
Bank tellers are the first people customers deal with. They deposit and cash checks, process withdrawals, accept merchant deposits, let people into their safe deposit boxes, cross sell bank products and services, resolve minor bank issues they may have, smile and are pleasant giving the customer a positive banking experience and a good reflection on the bank.
Catchy phrase for fair trade?
Guarantees a better deal for third world producers
What are the different types of Contingent Liabilities?
Common types of contingent liabilities include guarantees and the results of legal disputes. Guarantees may be given on behalf of an associate company, or as part of a larger deal (banks frequently give guarantees of various sorts as part of their business).
What did roosevelt call his program of emergency legislation?
Roosevelt called his program of emergency legislation the New Deal.
What was the name of the bank that David robbed in Jumper?
The bank is called waddyadya bank SO DEAL WITH IT
Should you trust daily savings depot?
I assume you mean "deposit" instead of depot. In the United States all savings deposits are federally insured by the FDIC up to a maximum of $250,000. If you deal with a reputable established bank then your savings are safe.
