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BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
BANKIND.ppt
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BANKIND.ppt

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Transcript

  • 1. Banking Industry Analysis Presented To: Board of Directors of Fifth Third Bank
  • 2. Purpose of Report
    • Conduct a Banking Industry Analysis with a focus on:
      • Globalization
      • Deregulation
      • Technology
  • 3. Topics Discussed
    • History of Banking
    • Banking Regulations and Deregulations
    • Effects of Deregulation on Industry
    • Globalization of Industry
    • Banking Technology
  • 4. History of Banking
      • Panic of 1907
        • Federal Reserve Act of 1913
      • The Great Depression
        • 9,000 of 25,000 banks closed
      • Post WWII
  • 5. History of Banking
    • Modern banking
      • Deregulation
        • Bank transformation into supermarket
      • Globalization
        • As the economy has globalized, so has the banking industry
  • 6. Regulations and Deregulations
    • Glass Stegall Act – 1933
    • Gramm-Leach-Bliley Act – 1999
      • Allows the following to merge:
        • Banks
        • Brokerages
        • Investment banks
        • Insurance Companies
  • 7. Benefits of Legislation
    • White House estimates it will save consumers $18 Billion annually
    • Keeps US firms competitive in today’s global marketplace
  • 8. Regulating Bodies
    • FDIC – Insures deposits and promotes safe banking practices
    • Federal Reserve – Acts as central bank promoting a stable monetary system
  • 9. Regulating Bodies
    • SEC – Protect investors and maintain integrity of securities market
    • OCC – Charters, regulates, and supervises all national banks
  • 10. Effects of Deregulations
    • Savings and Loan industry no longer profitable
    • Adapt to industry by offering other financial services
    • Consolidation
  • 11. Effects of Deregulations
    • Bank fees –
      • Banks needed to replace revenue lost due to increased competition
    • Common fees:
      • ATM, late payment fees, monthly service charges and minimum balance fees
  • 12. Common Services
    • Capital markets
    • Asset management
    • Mutual funds
    • Investment banking
    • Credit Cards (bankruptcy)
  • 13. Marketing and Management Evolution
    • “Customers seek service”
    • vs.
    • “Clients are sought to be served”
    • “Let things happen”
    • vs.
    • “Make things happen”
  • 14. International Banking
    • What is International Banking?
      • Opening of banks outside country of origin
      • Mechanism by which one can maintain bank accounts outside their country of residence
    • The competitive global market place requires banks to expand internationally
  • 15. Global Marketplace
    • With corporations conducting business overseas, banks must help these companies handle international business transactions.
    • As banks and businesses work together, they take the first step into the heart of the competition for the new markets worldwide.
  • 16. Foreign Exchange Market
    • Foreign Market is increasing immensely
    • The foreign exchange market is one of the most unpredictable aspects of international business
    • Many banks now offer companies experienced “foreign exchange traders” to help them conduct business overseas.
  • 17. International Retail Services
    • Makes international travel easier
      • Foreign Currency
      • International traveler’s checks
      • Domestic/International wire transfers
  • 18. Banking Technologies
    • The field of banking is experiencing rapid change due to developing technologies
    • Traditional banks may become obsolete as less costly measures are implemented
    • Internet banking is the wave of the future
  • 19. Individual Technologies
    • WingspanBank seeks to expand upon Bank One’s previously established website
    • Intuit offers a comprehensive software package that is based on partnerships with numerous financial services
  • 20. Individual Technologies
    • Netzee offers community banks the technology needed to transform themselves to full service financial institutions
    • W-Bank offers a wireless banking option
  • 21. Banking in the Future
    • Banking in the future will focus on offering the client fast and full service
    • E-banking will be a major force in shaping the banks of the future
    • Constant technological advancements in the field of financial services will continue to revolutionize the industry
  • 22. Conclusion
    • The financial service industry has undergone significant change
    • Deregulation, globalization and technological advances have led to the growth and development of financial supermarkets

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