In its three main areas--central bank assistance, banking
supervision, and financial stability--the BIS has played a crucial role in the evolution of today's global financial system.
In evaluating financial factors in expansion proposals by banking
organizations, the Board reviews the financial condition of the organizations involved on both a parent-only and consolidated basis, as well as the financial condition of the subsidiary banks and significant nonbanking operations.
It's not surprising that African Americans are more wary of banking
electronically than other consumers.
, telephone banking
and ATM's are all new means of making the banking
process even more convenient for customers.
BISYS' Information Services group supports approximately 1,450 banks, insurance companies, and corporations with information processing and imaging solutions, turnkey asset retention solutions, and specialized corporate banking
In the international banking
arena, Bradeso has operations in Argentina, The Bahamas, Cayman Islands, Japan, Luxembourg, and the United States (Bradesco Securities, Inc.).
The difference between conventional banking
and check cashing explains why a Fleet Bank opening across the street didn't cut into Consiglio's business.
In New York alone, four giant banks -- Manufacturers Hanover Corp., Chemical Banking
As FBILA looks to the future, a return to the early 1990s Wild West robbery days seems unlikely considering the now-highly coordinated efforts of FBILA, local law enforcement, and the Southern California banking
In the banking
world, there is a crucial difference between confidentiality and secrecy.
"Some clients are very excited about electronic banking
, while others could care less," says CPA Lamar Stoltzfus, one of 17 partners with Beard & Co.
Talk of a global regulatory system was bandied about by heavy hitters ranging from Treasury Secretary Robert Rubin to billionaire currency speculator George Soros, with Soros going so far as to assert that "the private sector is ill-suited to allocate international credit" and proposing an international oversight agency to help stabilize the world's banking