Webster Financial Corporation Essay

Webster Financial Corporation Essay
Erin Fitzgerald
Danika Holmes
Jeremy Tejada
Nicholas Moreau
Team E
MKT–270–03100
Professional Selling
Professor Anstey
General Education Assignment/Team Project
SkillsoftВ®,Webster Financial Corporation
March 17, 2015
Webster Financial Corporation
Introduction
Webster Financial Corporation or better known as WebsterBank has been helping families, individuals, and businesses achieve their financial goals for
more than three generations. Webster Bank has over 3,000 employees that are working towards the company's values, which is to meet their customers'
needs. They also want to gain and keep customers' trust, respect their dignity, and to work with the customers' to achieve the best results possible.
Webster Bank extends through ... Show more content on Helpwriting.net ...
Webster has also successfully deployed the model, which uses its Relationship Managers to offer a compelling value proposition to customer and
prospects. In 2014, the Webster Bank received the 'Best Online Banking in New England' which is recognized by J.D. Power. The company upgraded
its online banking as well as its mobile banking. This increased customer satisfaction, which is extremely important. The ability to expand is also a
great strength because since the bank is successful in four states it could be in many other states as well as international (Webster Financial, 2015).
Weaknesses
Along with strengths, every business has its weaknesses even if they do not want to admit it. One of the biggest weaknesses in any bank is the high
staff costs. This is because of the amount of qualifications needed to work at a bank. Webster Bank is in only four states. This is a problem because

it does not give the bank the full profitability it could get. The bank is missing out on a big opportunity. Another big weakness is the amount of
products that the bank offers. With each product more employees need to be hired. It could also make the customer confused as to what they really
need. Being involved in the community and being connected with the customers is a great thing but it can also be a bad thing. It is great to have these
connections but, in the end it is a business. Having these
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JPMORGAN CHASE Essay
JPMorgan Chase is one of the oldest financial services company dating back over 200 years. It has $2 trillion in assets and operations in more than 60
countries. JPMC's corporate strategy is it provides services and products in major capital markets. JPMorgan Chase, well known nationally and globally,
is leading in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset
management, and private equity. According to JPMorganChase website, from the beginning, they have contributed to business, society and world
affairs. They pride themselves on their reputation and employees. They consider their employees "most valuable assets". JPMC's mission are to ... Show
more content on Helpwriting.net ...
Chase Manhattan owned Robert Fleming & Co., the London–based asset manager that had a big presence in Asia. Some Fleming investment teams
now oversee several JP Morgan equity funds. Bank One's fixed–income offerings based in Columbus, Ohio, are a large anchor of JP Morgan's bond
shop. When JP Morgan bought asset–management firm Highbridge Capital Management in 2009, it helped the fund family move into alternatives such
as commodities and market neutral strategies.
They have been able to generate different sources of revenues through commercial banking, credit card and retail financial services, which separates
them from competing with some investment banking companies. The accounts, products and features the company offers sometimes have fees which
it is willing to waive. Since the company wants the "share of wallet" of high balanced customers, it will take such actions. This action of course has the
potential to deepen relationships. In the article by author Charles Keenen he states, "According to Bancography, a consulting firm in Birmingham, Ala.,
a customer who has just one product with a bank will stick with that bank for about 18 months, but add even one product – a savings account, perhaps
– and the average jumps to four years. Customers with three products will stay with the bank for about 6.8 years." JPMorgan Chase has a unique
software which the company utilizes to maintain its relationship

The Banking Industry and Customer Research
The Banking industry and Customer Research
Discussion
Given the competitive atmosphere in banking and the need to interest and retain clients, banks rely strongly on client's satisfaction and customer
loyalty. This is particularly so given today's slowing industry growth and tremendous pressure to maintain and hold onto one's business. Traditional
banks also today face competition from online banks that can afford to offer customers attractive deposit products at low rates and that provide
attractive interest rates. Aside from that, traditional banks face competition, too, from non–banks, such as a Wal–Mart, that open banks within their
stores. For all these reasons and more, the reputation and success of traditional banks directly hinges on the extent to which they manage to retain their
client's services and please him to the extent that he will refer others to the bank. The better then that the bank knows their individual clients and factors
that they seek from the bank, the better then will the bank succeed in pleasing these clients and attracting others. Customer research, ipso facto, is a
significant part of marketing in terms of enabling the bank to maintain and enhance its portfolio. Customer research is all the more effective when it
characterizes an open door policy with the bank and when it uses inbound marketing to reach customers outside the bank. In fact, given that banks have
a tough time to differentiate themselves from one another, they rely heavily on

Taxation of British Virgin Islands
Taxation of British Virgin Islands ( BVI)
As one of the largest part reputable tax havens in the Caribbean the BVI has very elevated standards. BVI tax havens encompass no taxes in place for
BVI offshore companies who do no commerce in the jurisdiction. International business companies will disburse zero taxes on the profits, interests,
dividends and other types of incomes earned exterior of the jurisdiction. For this motive the BVI can be regarded as a unadulterated offshore tax haven.
BVI offshore corporations shell out no corporate tax, capital gains tax, estate tax, withholding tax and income tax. The merely money that an offshore
company pays in the BVI is an annual fee which is salaried to the significant supervision authorities.
BVI as a tax refuge imposes no taxes on offshore bank account which makes the British Virgin Islands an ideal jurisdiction to set up offshore bank
accounts. Offshore bank accounts advantage from the tax free surroundings in the British Virgin Islands. The incomes and capital in offshore bank
accounts are not taxed in the BVI.
In the offshore tax haven of the British Virgin Islands an offshore business corporation can be incorporated using just one shareholder and director. The
director can be another BVI corporation. The financial statements and audits of the British Virgin Islands offshore corporation are private. These
financial statements of these companies are not to be filed with the government authorities in the British Virgin Islands.

The Financial Crisis Of 2008
The world before the financial crisis of 2008 had stability. Iceland in 2000 was viewed as the perfect place to live and have your family grow.
Iceland had clean energy, high standard of living, jobs, and low government debt. Iceland was a place were children played and parents laughed and
enjoyed their life. Everyone lived well; Iceland was the role model of finance, until it all melted away. Iceland let giant corporations come into its
territory and exploit its geothermal and hydroelectric resources and its banks became so large to where their banks became larger than their economy,
impossible to bail out. The banks became unruly where the people even supposed to regulate the bank one third of them worked for the bank. The
cause of the... Show more content on Helpwriting.net ...
This created a toxic situation where people took out a mortgage loan, with a high rate, could not pay it back creating a bubble to where the investment
banks had no one else to lend to, and needed to be bailed out. Banks became rich and borrowed heavily to create more loans to create more short term
money that became the big investment banks bonuses. This created a global panzi scheme.
The problem is deregulation. The definition of deregulation is the elimination of government power with in an industry. In this case banks and
financial institutions of the world. Deregulation could be seen as greed, big corporations, monopolies, where the rich get richer. Deregulation is
the cause of the financial crisis of 2008. Deregulation means no one is watching over the banks and CEO is saying no and stopping the gambling
of people's savings. The 2008 economy got to the point of a financial crisis due to speculation of savings, investor banks went public and in turn
turned Wall Street became rich. Financial deregulation made for risky investments and looting companies. An example of this is the merger of two
big insurance companies Travelers and Citigroup in the 1990 has violated the Glass Stele Act, but was ignored for a whole year by the SEC. The
SEC is the Securities and Exchange Commission ho are supposed to be monitoring and making sure big corporations like this do not monopolize. The
Gramm Leach Bliley Act cleared the merger and the way for future large corporations to

Corporate Governance Of A Company 's Shareholders, Board,...
пѓ INTRODUCTION Corporate Governance is the set of relationships between a company's shareholders, board, the executive management and other
stakeholders. The conflict of interest between these parties has resulted in what is called the agency problem, which arises from the separation of
ownership and control at a corporation. Good corporate governance practices attempt to resolve the agency problems by aligning the interests of
managers and shareholders. The same corporate governance is not followed by all countries; it differs according to the culture, practices, legal, and
history, economic and social environment. Each company follows its own procedure for governing on the lines of the model given by the country.
Corporations today have laid down the policies of CG in their own manner as a result of which an important question is whether standard CG can be
established and achieved at a global level. In each country, the corporate governance structure has certain characteristics or constituent elements, which
distinguish it from structures in other countries. CG component factors can be classified into three groups those related to top management
organization, the board as whole or shareholders, and stakeholders.
пѓ PURPOSE OF THE STUDY The purpose of this study is to know the different rules and practices and models followed by different countries and
how the companies manage to thereby maximize their wealth and also maintain good relations. Good corporate

Identity Theft : The Problem With Security
Identity Theft: The problem with security of who we are Identity theft is the talk of the day with many victims suffering from its dire consequences. It
has the means to ruin an individual 's life with being doubted in the near future when trying to accomplish anything that is credit and government
related. It has sent many innocent people behind bars with accusations that are fraudulent and unnecessary. By a simple credit card number and social
security number, the whole identity profile will be revealed in the eyes of criminal hacker whose main purpose is financial and benefit gain. They the
social security numbers to open bank accounts and also uses the credit accounts to make purchases as their own. Identity theft hackers steal ... Show
It shows that hackers hunt and steal for major corporations for that they include credit card data and as well some with bank account information of its
users on the PlayStation network which is powered by Sony. PlayStation network runs on a shop platform to manage its players which include saving
your credit or debit card information if purchases are to be made in the network. Sony has issued to those who became of the victim of their identity
theft case each "1 million dollars" (Lewis, 2011) to each of its members designed to "cover legal expenses, identity restoration and lost
wages"(Lewis, 2011). Besides the PlayStation network also Qriocity music an individual company before now owned by Sony was also affected.
They made an inclusion that each members of both media establishment are to download the service free membership of an identity protection
program in order to protect and rebuild the credit and identity of the victims of the case. This was Sony's approach on protecting its customers as well
as the company on the attacks that happened and the future attacks that can happen. Was this a good approach or not?Sony PlayStation network and
Qriocity Music which was an individual company before but now owned by Sony had an identity

Federal Deposit Insurance Act Essay
When Franklin Delano Roosevelt became president, he wanted to stimulate the United States Economy and give relief to the United States citizens.
The American people feared that Roosevelt would abandon the gold standard and reduce the value of the dollar to fight the Depression. By the day of
Roosevelt's inauguration, most of the nation's banks were closed. One in four workers were unemployed. To try to fix theUnited States Economy
Roosevelt and his advisers came into the office bursting with ideas about how to end the Depression. Roosevelt sent bill after bill to Congress.
Between March 9 and June 16, 1933, Congress had passed 15 major acts to resolve the economic crisis. These programs made up what the New Deal.
The Tennessee Valley Authority (TVA) established on May 19, 1933, it focused on the badly depressed Tennessee River Valley. The TVA renovated
five existing dams ... Show more content on Helpwriting.net ...
The creation of the FDIC increased public confidence in the banking system. The FDIC is an independent U.S. government corporation created under
authority of the Banking Act of 1933 (also known as the Glass–Steagall Act), with the responsibility to insure bank deposits in eligible banks against
loss in the event of a bank failure and to regulate certain banking practices. It was established after the collapse of many American banks during the
initial years of the Great Depression. Although earlier state–sponsored plans to insure depositors had not succeeded, the FDIC became a permanent
government agency through the Banking Act of 1935. The corporation is authorized to insure bank deposits in eligible banks up to a specified
maximum amount that has been adjusted through the years. Having begun in 1934 with deposit insurance of $5,000 per account, in 1980 the FDIC
had raised that amount to $100,000 for each deposit. The Federal Deposit Insurance Corporation is still active in today's

Case Study : Chase & Co Essay
JPMorgan Chase & Co. origins back to 1799 when it was firstly chartered in New York City. JPMorgan Chase& Co. today encompasses more than
1,200 banks and credit institutions. As global economy leader, it's most important firms– J.P. Morgan, Chase Manhattan, Chemical, Bank One, First
Chicago, and National Bank of Detroit gave a solid contribution to the finance innovation and the growth of the United States and the rest of the world.
Clients and Consumer JPMorgan Chase & Co. is a financial holding company which provide commercial and consumer banking services under the
Chase brand. The commercial banking activities across business credit, commercial term lending and more. The consumer activities include credit
cards, small businesses, auto finance, education finance, and merchant services. The company provides financial services to corporations, governments,
individuals, and institutional investors under its J.P. Morgan brand. It also offers financial transaction processing, asset management and private equity
services.
Management
JPMorgan Chase & Co has been able to remain competitive since its inception in 1933 by faithfully following the founder Mr. J.P. Morgan Junior
legacy whose business slogan was: "I should state that at all times, the idea of doing only first–class business, and that in a first class way, has been
before our minds" (Market Line, 2016, p. 53). Back in 2004 the management strategically decided that in order to remain a

How Did The New Deal Save The Usa Capitalism
The New Deal: Federal Deposit Insurance Corporation
After the tragic Stock Market Crash of 1933, America had plunged into a deep depression. Over 9,000 banks nationwide were closing their doors.
After the Stock Market Crash, President Herbert Hoover was in office working ceaselessly to fix what was left of the economy. However, his effort
did not seem to be enough. In the election of 1933, Franklin D. Roosevelt won by a landslide. Roosevelt stated, "This nation asks for action and action
now," and he did just that.(Barbour, 82) He saved countless families from poverty that was spreading like wildfire across the U.S. Federal Deposit
Insurance Corporation (FDIC) is a portion of the New Deal formulated by Franklin D. Roosevelt to help save America from poverty caused by bank
failures. "Roosevelt's New Deal preserved the American democratic capitalist system." (Schlesinger 137) The Stock Market Crash played a major role
in bank failures. After the crash, people were indifferent about the stability of banks, so they all began taking out their savings. Banks no longer had
the currency to stay open. For those who did not take this ... Show more content on Helpwriting.net ...
If the depositor has over the $250.000.00, the depositor may still be insured if it meets specific requirements, but the FDIC has limitations to its
coverage and does not cover things such as content of a safe deposit box, life insurance plans, or stocks. However, the FDIC will cover checking
accounts, saving accounts, money market accounts, single accounts and joint accounts. Insurance is only guaranteed by the FDIC in the case of a
bank failure, and the risk of bank failure has vastly decreased since 2013. Between 2008 and 2013, over 400 banks failed, one being the largest bank
failure ever covered by the FDIC. Washington Mutual crashed in 2008, and had over $300 billion worth of assets. Since 2013, only a handful of
banks have

Introduction And Design Of The Study
CHAPTER – I
INTRODUCTION AND DESIGN OF THE STUDY
1.1Introduction
Over the last few decades information technology has played an important role in Indian economy. It has affected all the industries especially the
banking industry and has provided a way for the banks to differentiate their products and services. The traditional way of financial services delivered
to customers called the branch based operations which had been used by the banks for more than 200 years, has been replaced by the advent of
multiple technologies and application. For instance, Automated Teller Machine (ATM) displaced cashier tellers, telephone represented by call centers
replaced the bank branch, the internet replaced mail, credit cards and electronic cash replaced bank transactions. The reason was the numerous key
advantages that banks could gain by providing electronic banking services. In this way they had lower transactions cost, 24 hour trading, more
extended business territory and also increased efficiency in daily banking process. The Banking Sector is also facing very stiff competition. In order to
succeed such competition, they must offer a wide array of products with the latest technology. At present many banks and financial institutions are
actively developing new electronic banking products for their customers throughout the world (Alagheband 2006) . The key players of banking
industry are its customers and all the efforts made by the banks are to satisfy the desirable needs of

Bb&T Bank Analysis
[pic] BB&T BANK ANALYSIS REPORT FINA 280 FINANCIAL INSTITUTION MANAGEMENT & MODELING William C. Handorf, Ph.D. June
28, 2008 Washington, DC Content 1. INTRODUCTION .............................................................................3 2. BB&T
............................................................................................4 3. US ECONOMIC OVERVIEW ............................................................12 4. BB&T Bank
....................................................................................14 5. Conclusion......................................................................................41 6. Questions to
Management...................................................................42 1. INTRODUCTION The purpose of this report is to analyze the financial operations and
financial conditions of BB&T Bank by evaluating financial, economic and market information available for the period from 2000 to 2008. This paper
attempts to address key strengths and... Show more content on Helpwriting.net ...
In this section we'll briefly discuss the CAMELS analysis of the holding company. 2.1.1Capital & Risk Index The risk index of the bank indicates
that there is probability of 0.001% that the Company will below capital, which is higher than the peer group's indicator of 0.0005%. BB&T's ROA
has been larger but also more volatile compared to the peer group. | |BB&T |Peer Group | |Description |Indicator for Dec 31,2002 – Mar 31,2008
|Indicator for Dec 31,2002 – Mar | | | |31,2008 | |Tier One Leverage Capital |6.97 |7.95 | |Mean ROA |1.5386 |1.2323 | |Sigma ROA |0.1553 |0.1371 |
|Risk Index |22.5924018 |30.50547046 | |Probability of going under 5% |0.000979592 |0.000537297 |

Why Are American Companies Become Too Large To Fail?
Are american companies becoming too large to fail? In todays economy that is one question that is often asked. Throughout this paper companies will
be examined and compared to their companies regulation in the attempt to answer this question. First the big four banks including J.P Morgan Chase
and Co, Bank of America, Citigroup inc, and also Wells Fargo. After looking at the banks, the regulations, and oversight towards them will be
examined. The regulation and oversight are a few of the reasons many American companies are too big to fail. The last two things that will be
addressed will be the Walmart corporation and the lawsuit of Metlife. J.P Morgan Chase, Bank of America, Citigroup, and Wells Fargo are considered
"The Big Four" banks ... Show more content on Helpwriting.net ...
Since 2007, three of the four banks have grown larger. Wells Fargo alone has tripled in size. She continues to tell people listening to Citigroup she
agrees with them and the act should be torn to pieces. As of January 27th, 2015, the stocks of these major banks appeared to be lower than the usual.
Together the four banks hold 8.2 trillion dollars in assets, that is roughly half of Americans annual GDP. (Duggan, Wayne) Over the years the
regulations and oversight of the banks seem to be fraud in many Americans' eyes. "Operation Choke Point" has been put into action by The Republican
Party. This operation looks to stop fraud within the banking system, whether through consumers or bankers themselves. Through the operation,
regulators look for illegal activity in the banks legal paperwork. The Republicans claimed the goal of this operation was to put gun sellers and money
lenders out of business, while the Federal Deposit Insurance Corporation (FDIC) says this is putting pressure on the banks to stop supporting these
types of companies. FDIC also claimed "Operation Choke Point" is through the justice department and separate from bank regulation. This was used as
a reassurance so banks do not release relations with actual businesses. FDIC has now requested anytime a bank wants to terminate a consumer's bank
account or decline a transaction, it must be written in writing and discussed with the branch managers. When discussing

Credit Cards And Credit Card Payments
Throughout our lives, we do a tremendous amount of spending. Whether it be using cash or a credit/debit card, we spend thousands of dollars each
year on various items. Similar to individuals, companies squander up plenty of money as well. However, companies typically primarily on the usage
credit cards. Credit cards have developed into a necessity for the majority as it is easier than having to reimburse employees if they pay with cash.
Unfortunately, credit cards are a means we should avoid due to the concept that payments are commonly not made punctually. As a result, people
oftentimes have hundreds and even thousands of dollars of debt in regards to credit card payments which can financially affect a person for the rest of
their life. Similarly, corporations have the same difficulties and may eventually become bankrupt because of this. Even though credit cards are
perhaps a wise decision for a few, but they are unideal item for countless others. In the situation presented, credit cards and their implications are the
principal topics at hand. Represented in the corporate credit card case is a major regional bank holding company identified as X–Bank. Recently, the
company opted to expand its business by developing new products and services that would increase its revenues and profits. As a result, they elected to
affiliate with VISA International and introduce the "corporate card." With this plan, corporations would be able to provide their employees these cards
to use

Things to Consider when Starting and Running a Business
There are many things to consider when starting and running a business. You must decide what type of business you would like to operate, including
the different business structures, legal forms and permits that must be obtained, zoning laws, tax laws, and the liability you may expose yourself to. If
you have a business with employees, you may need to decide if you want to hire non–union or union members. You will also need to research the many
banking and financial institutions as you want to make sure your money is well protected. The different types of business structures include sole
proprietorships, partnerships, and corporations. These business structures also offer different options within themselves. A business that is owned and
managed by a single individual is a sole proprietorship. There are three categories of a partnership – general partnerships, limited partnerships, and
limited liability partnerships. Acorporation can be closely held or publicly held. Let us see what the advantages and disadvantages are for these
different business structures. The advantage of being a sole proprietorship is that the person who owns it is able to make all the decisions on his own;
he doesn't need to consult with anyone. It is also easy to establish a sole proprietorship. There are a small number of requirements that must be met and
can vary from city to city and state to state. Sole proprietors must meet the minimum requirements – authorization, site permit and

Capital Markets and the Investment Banking Process
Investment banks provide a wealth of critical services to our economy. One important role of the investment bank is to assist public and private
corporations in raising funds in the capital markets. A second service is in providing strategic advisory services for mergers, acquisitions and other
types of financial transactions. They also act as intermediaries in trading for clients. Investment banks differ from commercial banks, which take
deposits and make commercial and retail loans. The focus of this paper will be to describe the investment banking process including the function of
portfolio construction. To better understand the investment banks role it is important to distinguish between what is known as the primary and secondary
... Show more content on Helpwriting.net ...
The success of these contracts is determined by the prices of other assets such as stocks or bonds. Options and futures comprise the riskiest of the
financial assets but also offer the greatest possible reward. A portfolio constitutes a collection of investment assets. Investments are divided into
broad asset classes. The most important decision one must make when building a portfolio is asset allocation. The percentage of each asset class
one wants to hold is more important than the individual securities within each class. One must first decide the percentage of each class to hold.
Individual risk tolerance will play a large role in this decision. Many individuals equate risk with the likelihood of losing money, the higher the risk
the greater the chance of losing money. Investment professionals use a broader definition of risk. They look at risk as the volatility of an asset, or
how much the return stream goes up and down over a certain time period. Commodities are more volatile than Stocks. Stocks are more volatile than
Bonds. Therefore, Commodities have more risk than Stocks, and Stocks have more risk than Bonds. An individual's personal risk tolerance will
play a major role when deciding among asset classes. An individual willing to take on a lot of risk with the hope of a larger return will hold a larger
percentage of high risk investments such as options or futures. A different individual with a lower tolerance for risk will have

Bank Of America Research Paper
"The bank grey rapidly; in 1910 it had assets at $6.5 million. By 1920, assets totaled $157 million, far outstripping the growth of any other California
bank" (Bank of America Corporation). Later, Giannini wanted to expand his company nationally. He knew that he only needed a few large regional
and national banks to dominate American banking; he decided to increase the number of his branches. "He already owned New York's Bowery and
East River National Bank (as well as a chain of banks in Italy); next he established Bank of America branches in Washington, Oregon, Nevada, and
Arizona, again before branch baking was explicitly permitted" (Bank of America Corporation).
"By 1936, Bank of America was the fourth largest banking institution in the... Show more content on Helpwriting.net ...
It is also known to be one of the most common forms of market structure in the United States. According the book, Economics for Today,
"Economists define monopolistic competition as a market structure characterized by many small sellers, a differentiated product, and easy market
entry and exit" (Tucker 268). For the banking industry there are many small sellers; many of the sellers are the primary competitors of Bank of
America, they include: JPMorgan Chase, Wells Fargo, and Citigroup. (Maverick) All of these banks do business internationally and are part of the
three money center banks in America. According to the Investopedia, "Banks basically make money by lending money at rates higher than the cost
of the money they lend. More specifically, banks collect interest on loans" (Simpson). The net interest income makes up about half of Bank of
America's total income. The other half is made up of other services, for example, investment and brokerage service and trading account profits. (King)
"Investment and brokerage services primarily include asset management fees and commissions on the sale of financial products" (King). Banking in
general has an easy enter and exit market. It is easy to exit the market for various reasons. One of the reasons includes the broad range of competition
that Bank of America has. Not only does Bank of America compete with commercial banks

To What Extent Did The New Deal Dbq Essay
In 1929, the stock market crashed and soon after that The Great Depression started. It was the deepest and longest lasting economic fall in history. In
1932, Franklin D. Roosevelt wanted to help the people and make a difference. Problems in the Great Depression that Franklin D. Roosevelt wanted to
change was the fact that people didn't have any jobs, and that people didn't have any money because of a bank failure. Some fiscal policy programs
that franklin did to combat The Great Depression were Works Progress Administration (WPA), and Federal Deposit Insurance Corporation (FDIC).
The Great Depression caused many people to be unemployed, and many people to be broke because of the banks and government, and the programs
that help the people include Work Progress Administration (WPA) and Federal Deposit Insurance Corporation (FDIC).
One problem that America experienced as a result of The Great Depression was that people were unemployed. This means that many people lost their
jobs, and they were unable to find any work. In document B the graph shows that in 1929, the unemployment rate decreased, it went from being 1
million, to being about 13 million unemployed in 1933. This is explaining how drastically the unemployment rate dropped in that time period.
Unemployment impacted the U.S by not having anyone to work the companies or in the factories and so ... Show more content on Helpwriting.net ...
Roosevelt used to combat The Great Depression was the Work Progress Administration (WPA). In document E it says that the purpose of the program
is the government gave the unemployed work in construction and art projects. In document I it explains how they put the people to work. The
document says that the employment accomplishment greatly needed the projects to stimulate and reorganize the use of our natural resources. This
fiscal policy program sought to accomplish to get people to work and to allow them to get money. Another thing it accomplished was that made more
products to

Comparison Of Bank Of America And Southern Bank
The industry that I have chosen to analyze for this paper in the banking industry. The companies which I have selected to analyze are Bank of America
& Southeastern Bank. Bank of America will represent as the example for the company who has acquired and merged with other banks, and Fresno
Southeastern Bank will act as the example for the bank who has never merged with a larger bank in any form or has been acquired. Both these banks
offer similar products to their customers, for checking and savings accounts to home and car loans. They both offer investment products as well. Bank
of America has a lot more products on a larger scale due to the size of their company, and the mergers they have made over their history. They operate
worldwide ... Show more content on Helpwriting.net ...
They sell the debt that have underwritten to investors all over the world. From mortgage–backed securities to other types of packages bonds, they are
sold to wealthy individuals and even the government of a country. They also sell investment portfolios to abroad. Their strategy involves presenting
foreign investors abroad an opportunity to invest in the USA. There is a huge demand for investments in the US, as our economy is much smore
stable and lucrative then their local investments opportunities. Companies in the US looking for a capital injection, can also turn to Bank of
America and have them find an investor. They will then underwrite the terms, and broker the deal. A lot of these types of deals are dealt with
foreign investors. Foreigners are always looking to take their local currency and convert it into dollars, since it is a stable currency, and these
investments enable them to be able to do that. They focus on creating the best investments in the US for those abroad. While the demand isn't as
strong for Bank of America to offer US investors an opportunity to invest in international markets abroad, they do offer this as well. The strategy on
the business level is go after international investors since the demand is so high for US based investments, and on the corporate level is to keep
creating new investment opportunities as a

Bac Company Profile
Bank of America Company Profile
BJ Humphrey
Overview Bank of America is a global financial services company headquartered in Charlotte, NC. It is one of the world's largest financial institutions.
Bank of America serves over 53 million customers. They serve these customers through 5,500 retail banking offices.Bank of America is known as a
leader in the online banking world. Online alone the company services 30 million active users. The company serves customers in all 50 states and
more than 40 countries. The company has numerous different lines of business and employs over 260,000 people. (Bank of America 2012)
Historical Perspective The entire banking industry is made of mergers and acquisitions. The history of Bank ... Show more content on Helpwriting.net ...
(Our Heritage, 2010) Bank of America continues to grow acquiring financial service companies like US Trust and Merrill Lynch. With a storied history
in the financial services sector, and building of our country, Bank of America is the most fitting name.
Lines of Business Bank of America focuses on 3 customers. They focus on the people, companies, and institutional investors. They are the leading
provider of checking, savings, credit and debit cards, and home equity lending. Bank of America is the nation's largest loan servicer offering numerous
different home mortgage options. Bank of America is a strong hold in Global Corporate and Investment banking. The Bank also has a strong focus on
financial advising and wealth management. The addition of Merrill Lynch has put Bank of America as the leader in Financial Services.
Financial Position Bank of America, or BAC, is often one of the most popularly traded stocks. In April, the share price of BAC declined over 5% to
$11.63. (Oleinic, 2013) As interest rates start to bottom out, the bank must constantly adjust to keep revenue up. Currently the 52 week range of BAC
is $6.90 – $13.99. Although it has a larger 52 week range, the company is still somewhat stable. It has achieved this by building a strong balance
sheet. In 2012 Revenue in millions was reported at $84,235 while Net income was reported at $4,188. Compared to 2011 revenue dropped almost
$10,000 however Net income increased from

An Informational Interview with a Financing Company
A WRITTEN REPORT
An Informational Interview with A Financing Company
The AsiaLink–Kalaw
A Partial Fulfillment of Requirements in
Banking and Financial Institutions
Prepared for:
Prof. Ragraciel Manalo
Submitted on:
March 9, 2012
Prepared by:
Bandiola, Penuel Kerith
Bautista, Anthony John
Ramirez, Allysa Marie
Tondo, Elma
I.THE ASIALINK A group of enterprising executives belonging to various industries saw the opportunity to venture in the booming consumer
financing business. Combining their strengths, Robert B. Jordan handled credit; Ruben Y. Lugtu Jr. labored on the financials while the late Wilfredo T.
Anastacio took care of the human resources and operations. With the good demand and sound credit, the ... Show more content on Helpwriting.net ...
Copy) * Basic Documentary Requirements| SALARY LOAN (INCENTIVES–BASED)Requirements * Consolidated income of

The Federal Deposit Insurance Corporation (FDIC)
The Federal Deposit Insurance Corporation (FDIC) is based in the United States and is run by the government. The banking Act of 1933, als known as
the Glass–Steagall Act, led to its establishment due to the Great Depression that had been experienced in United States. This act came into play due to
the Great Depression. During this time, people were withdrawing their money from the banks and keeping it at home. People were not feeling very
confident about the banking system. So, President Franklin Roosevelt had to step in and do something. The day after President Roosevelt's
inauguration, he declared a four–day banking holiday that shut down the banking system, which included the Federal Reserve. Several days later, the
Emergency Banking

Bank of America Analysis Paper
Bank of America Corporation Analysis
Thomas L. Lowther III
MGT /521
May 16, 2011
Chuck Andre
Bank of America Corporation Analysis
Banking is an important industry that not only serves people on a personal level, but the United States in a global economy as well. First I will
conduct a SWOT analysis for the company I chose which is Bank of America Corporation. Second, I will also identify the company's internal and
external stakeholders. Next, I will describe their wants and needs. And, finally, I will explain how the company is fulfilling those needs.
Strengths
The Bank of America Corp dominates the market in the United States and also uses different strategies to gain a competitive advantage over it ... Show
their management processes, structures and policies help ensure compliance with laws and regulations and provide clear lines of sight for
decision–making and accountability ("Code of Ethics." 2011). These disciplines, though, together represent just one dimension of governance. The
other dimension is corporate culture of Bank of America Corporation ("Code of Ethics." 2011). Bank of America corporation culture must be
championed by leaders and sustained by every associate.
External Stockholders As Bank of America corporation work to serve our customers, clients and communities, and generate returns for our
shareholders, we understand that success is only meaningful when it is achieved the right way, with the right values. Their commitment to this
principle is the key to sustaining the public trust and confidence in their company, and the key to long term [success.
Wants and Needs
Bank of America deliver for their customer, clients, and shareholders the absolute best product and services they can. They share a passion for winning
and serving the financial needs of individuals, corporate clients, and institutional investors (Corporate Governance, 2011). We believe that disciplined
execution will lead to sustainable and long term performance. One way they build and

Global Merger Essay
It is proper to present a business definition of merger as it found on legal reference with the ultimate goal in the pursuing of an explanation on which
this paper intents to present. A merger in accordance with the textbook is legally defined as a contractual and statuary process in which the (surviving
corporation) acquires all the assets and liabilities of another corporation (the merged corporation). The definition go even farther to involve and clarify
about what happen to shares by explaining the following; "the shareholders of the merged corporation either are paid for their share or receive the
shares of the surviving corporation". But in simple terms is my attempt to define as the product or birth of a corporation on which... Show more content
on Helpwriting.net ...
It is an interest point to mention Citi Bank (mostly based on the northeast USA) from the Citi Group who makes a move to add some fun in this
particular merging process. The terms learned on class such as contract, negotiation, creditors, agreements, counteroffer and other will be utilized and
applied as a matter of review enabling for the a better understanding of the learned concepts from Business Law. During the recent years the economy,
the business world and the government have been experiencing tremendous change that is impacting all common private and public business
practices. Business are experiencing a " Global Financial Crisis" on which are not only the local or national markets but also the global markets are
impacted on a negative and at times threaten the existence of powerful established corporations and organization. The new era is not a safe haven for
no one anymore; including those who one time were described as solid financial enterprises. This environment has obligated the USA government on
to attempt to rescue or become involve in the process to alleviate or provide some temporary solutions in a form of financial bail outs and economical
stimulus package. This era started back on year 2007 and to continue to this very present day touching many economical areas such as Housing
Industry, unemployment, investments securities, stock markets and others. One of

Fewer Choices, Greater Profits: Retail Corporations And
Fewer Choices, Greater Profits: Retail Corporations and the Driving Out of Small Business
Prior to the 20th century, the American economy was fueled by manufacturing; production was vital in the advancement of the nation. Retailers were
generally small–scale, specialized niches, located within the largest cities throughout the United States. A change in how one would typically consume
occurred during the 1870's with the rise of A.T. Stewart's Marble Palace, one of the nation's largest stores in New York at the time. Featuring four
stories of Tuckahoe marble, the Marble Palace would be an innovation that would change consumption in the United States forever. Stewart paved the
way for competing retailers in that he understood the idea of ... Show more content on Helpwriting.net ...
Sachs issued bonds in the sum of $2 million, allowing Siegel to receive enough financing to purchase real estate in the Manhattan area. The store would
open at six stories high, feature a giant greenhouse, roof–garden restaurant, and a two–hundred–foot tower. Many firms would soon follow this business
model as retailers such as Marshall Field's, Carson, Pirie, and Macy's received financing from investment banks to expand their department stores
within their respected local markets. These department stores would now house a variety of goods, such as a yard goods, ready–made clothing,
pianos, monkeys, lions, among other products. By 1910, Macy's was conducting the largest domestic rug business in the country at Thirty–Fourth
Street and Seventh Avenue in Manhattan, and Wanamaker's in Philadelphia had the "finest bookstore in the United States," soon to be surpassed by
Marshall Fields of Chicago, which would exceed in volume and sales any other such business "in the world." With the help of investment banks, Sear
Roebuck and Company would receive millions of dollars in financing from the distribution of equity, allowing them to have enough capital necessary to
expand. This period of rapid expansion caused by the financing of investment banks led to the emergence of modern merchandizing, which began to
overshadow the traditional, small retailer who could not compete with the affordable prices of the retail

Econ 2035 Notes Essay examples
ECON 2035
8/27/13
Overview of Financial System * Financial market players: 1. Households 2. Firms, which issue stocks and bonds 3. Governments 4. Foreigners *
Financial market– a place or channel for buying stocks, bonds, and other securities 1. Functions of financial markets: a. You have the money b. You can
borrow from friends, banks, etc. c. Get funds in exchange of partnership d. Transferring funds:
Savers and spenders
(send) (borrow)
Financial markets * Direct finance: borrowers borrow funds from lenders in the financial market by selling them securities (no intermediaries) 1.
Securities Financial instruments
a. Stocks b. Bonds c. ... Show more content on Helpwriting.net ...
The player is investment banks. The first transaction is between investment banks and a corporation. * Secondary market– Investors buy and sell
existing securities. Nothing new is created. No payment is made to the corporation. * Primary market Corporation (P1) Investment bank Secondary
Secondary market Investor (P2) * Investment bank will not take less than P2. P2>P1 * Secondary market examples: Stock market (NYSE or
NASDAQ), future option markets, foreign exchange markets a. Agents: dealers and brokers b. Helps determine price in the primary unit
Organization of the Secondary Market * Exchange market– Buyers and sellers of securities meet in one central location to trade a. NYSE, NIKKEI
(Japan), DAX (Germany), the Chicago Board of Trade * Over the Counter Market (OTC) a. Trade happens through a network b. There is no single
location where the trading takes place c. The securities, which are not listed in one of the exchanges, will be traded in the OTC
Money and Capital Markets * Money market– a financial market in which only short–term debt instruments are traded
Money Market Instruments * Have low default risk * Mature in one year or less *

Financial Sectors Of The Indian Economy Essay
1.1 INDUSTRY PROFILE
Financial sectors all over the world is going through the process of transformation such as, liberalization, technological innovations and deregulation.
The evolving financial system in India has been interlinked with the growth of the macro economics. This change allows financial institutions to bring
in assortment of new product and services into the economy. Financial institutions play a prominent role in stimulating the economic growth in a
country, they help to mobilize the savings and channelize the funds as investments into the sectors which requires it. Government has played a
prominent role in creation and structuring the financial system in the country. The government also controls and influences the flow of credit in an
economy and its direction through its fiscal policies.
Since the liberalization, privatization and globalization (L.P.G) in the early 1990's the Indian economy has had a deep impact on itsfinancial services
sector, it is during this L.P.G era the reform's in financial sector were initiated by the government ofIndia to meet the challenges of complex financial
architecture. This reform ensured that the new Indian financial system will forge out into a transparent, strong and resilient system. At present the
Indian economy grew by 7.3 percent, a full year growth for the fiscal year ending in march based on the statistical method based of gross value added
(GVA) keeping base year as 2011–2012 as against 2005.
Financial system

Walmart Corporate Greed
General Motors, Ford, Nike, Boeing, Walmart. What do all these companies have in common? Your parents are paying them millions of dollars each
year through the government. To this day we continue to see major corporations avoid paying their taxes through loopholes such as tax havens. Some
of the most well known companies to you and your families, Walmart and McDonald's, have taken your tax money from the government because they
pay their employees so little that they cannot afford any social services. And the big banks of Wall Street are getting bigger and bigger each day, so
big that a collapse would destroy our economy. We are the ones paying for the corporate greed and the rich are getting richer because major
corporations are not paying ... Show more content on Helpwriting.net ...
An article from The Chicago Reporter discussed the implications of this issue. "Low–wage employers put a burden on taxpayers, who pick up the cost
of health care, food and housing assistance for their workforce" (Black, 2015). Not only is this driving down the consumer demand, but it is driving
families of the workers down below the poverty line and onto the streets, while the rich are getting richer. It is not our responsibility to pay for the
workers' social benefits through our tax money. It is the responsibility of the mega corporations who refuse to pay their workers a living wage to
give these rights to their workers. Legislation such as the Cook County Responsibility Business Act will work to force these employers to give in
through a raise in the amount they must pay their workers so that they can afford the most essential social programs. But this is not enough. We need
to raise the minimum wage of all low income workers in America if we want to lessen the great disparity of wealth in this country. The ugly truth is, a
large number of these corporations choose increasing their profits over the conditions of their employees as long as the government turns a blind eye to
the

Westpac Banking Strategy
Transforming the Bank to place customers at the centre of everything we do
Jason Millett General Manager, P&O Strategy & Execution Westpac Banking Corporation May 2010
24 May 2010
Addressing customer needs is about 'getting the basics right'
Typical Customer Service Needs
Reliable delivery of products and services Consistent experience across channels and platforms Easy and simple to do business with Single and
insightful view of information Flexible and responsive to requests
Transforming banks to be customer centric
24 May 2010
Jason Millett – Westpac Banking Corporation
Westpac's 'customer centric' strategy focuses on directly fulfilling customer needs
Westpac's Customer Oriented Strategy
Vision To... Show more content on Helpwriting.net ...
Business process defines the experience 2. Technology drives the business process 3. Customer experience / design is an overlay
The CCD approach should ensure that we start to address our business problem through the needs of the customer.
Transforming banks to be customer centric
24 May 2010

Jason Millett – Westpac Banking Corporation
1
We have created Design Personas to inform us of the customer experience
What? How?
п‚§ They represent larger audience groups based on contextual inquiry research & stakeholder knowledge
Why?
п‚§ Design Personas are used to ensure that everyone understands the customer and who they are designing the solution for. We use Design Personas
to п‚§ inform design decisions in relation to any project in the organisation п‚§ reduce risk by creating a balanced view of customer and remove
personal bias through development
п‚§ Insight into the behavioral, social, emotional and motivational attributes of our customers or end users
Christopher Wilkinson Christopher Wilkinson Organised & Organised & Ambitious Ambitious
п‚§ ensure that real user inform the design, even without being present п‚§ ensure we understand the typical behaviours and motivations of our
customers п‚§ Capture the needs of the customer for all channel experiences – current gap for product experience

Public Finance Institutions in India- a Brief Discussion
Public finance institutions According to sec 4A of companies cat 1956: (1) Each of the financial institutions specified in this sub–section shall be
regarded, for the purposes of this Act, as a public financial institution, namely:– (i) the Industrial Credit and Investment Corporation of India Limited, a
company formed and registered under the Indian Companies Act, 1913 (7 of 1913);
(ii) the Industrial Finance Corporation of India, established under section 3 of the Industrial Finance Corporation Act, 1948 (7 of 1948);
(iii) the Industrial Development Bank of India, established under section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);
(iv) the Life Insurance Corporation of India, established under ... Show more content on Helpwriting.net ...
2005 ICICI acquired Investitsionno–Kreditny Bank (IKB), a Russia bank with about US$4mn in assets, head office in Balabanovo in the Kaluga
region, and with a branch in Moscow. ICICI renamed the bank ICICI Bank Eurasia. Also, ICICI established a branch in Dubai International
Financial Centre and in Hong Kong. 2006 ICICI Bank UK opened a branch in Antwerp, in Belgium. ICICI opened representative offices in
Bangkok, Jakarta, and Kuala Lumpur. 2007 ICICI amalgamated Sangli Bank, which was headquartered in Sangli, in Maharashtra State, and
which had 158 branches in Maharashtra and another 31 in Karnataka State. Sangli Bank had been founded in 1916 and was particularly strong in
rural areas. ICICI also received permission from the government of Qatar to open a branch in Doha. ICICI Bank Eurasia opened a second branch,
this time in St. Petersburg. 2008 The US Federal Reserve permitted ICICI to convert its representative office in New York into a branch. ICICI also
established a branch in Frankfurt. *2.Industrial* Development Bank of India The Industrial Development Bank of India Limited commonly known
by its acronym IDBI is one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorised IDBI as an "other public
sector bank". It was established in 1964 by an Act of Parliament to provide credit and other

Corporate Social Responsibility At The Bank Of America...
Corporate Social Responsibility at the
Bank of America Corporation
Overview of Corporate Social Responsibility & the Bank of America Corporation
Background Information About Bank of America
The Bank of America Corporation (Bank of America) is a bank and financial holding company that serves "individual consumers, small– and
middle–market businesses, institutional investors, corporations and Governments with... bank and nonbank financial services and products." (Reuters)
Profiting $5.32 billion in the second quarter of 2015, Bank of America is one of the biggest banks in the United States and the world. (Rexrode &
Rudegeair)
Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) describes programs adopted by a company in addition to their profit–making ventures. These programs are
specifically intended to integrate environmental and social concerns into regular business operations. More than just charity, they act as the
"conscience" of the company and balance the social and environmental actions of the company with the desires of the shareholders. ("What is CSR?,"
2015) As a multinational corporation valued at billions of dollars, Bank of America has a large impact on its employees and surrounding communities.
CSR Focus Areas at Bank of America Corporate Social Responsibility at Bank of America is dedicated to making a global and local impact. Efforts
are concentrated in six focus areas, including: responsible business practice, strong economics,

The Bank of America Corporation: Corporate Social...
Executive Summary
Bank of America Corporation, a multinational banking and financial services organization that is the second largest holding company in the entire
United States by assets, and the fourth largest bank by capitalization. Headquartered in Charlotte, North Carolina, the banks serves clients in more than
150 countries and has a business relationship with over 99 percent of U.S. Fortune 500 companies and 83 percent of the Fortune Global 400. As of
2010, the bank is the 5th largest company in the United States by total revenue, as well as the 2nd largest non–oil company in the United States, while
Forbes listed it as the 3rd biggest company in the world. Its acquisition of Merrill Lynch in 2008 made it the world's largest wealth management
corporation. B of A holds about 13 percent of all bank deposits in the United States with a retail footprint that covers about 80 percent of the U.S.
population or about 57 million consumers at over 6,000 banking centers making it one of the most powerful banking forces in the contemporary
industry (Bank of America, 2011; The Global 2000; Fortune 500).
As a megagiant corporation, Bank of America is often times under more scrutiny than many other organizations. Bank of America has grown
considerably in the last few years, and has been the target of the media and government with its aggressive position on acquisitions, mergers, and
business strategy. Its upper level executives, therefore, are in the public eye, scrutinized from

Advantages And Disadvantages Of Incorporation
LeLegal benefits of incorporation
ProteIntroduction
Company or Corporate law originally was derived from the Common Law of England, but has evolved significantly in the 20th Century. Many
countries have forms of business entity unique to their countries. The doctrine of the veil of incorporation was demonstrated From the age long
decision of House of Lords in the case of Salomon v. Salomon & Co Ltd (1897) The effect of the House of Lords' unanimous ruling was to uphold
firmly the doctrine of corporate personality, as set out in the Company Act (1862) so that creditors of an insolvent company could not sue the
company's shareholders to pay up outstanding debts.. The principle behind the veil of incorporation is what is referred to as limited liability that is that
a company's creditors can ... Show more content on Helpwriting.net ...
Salomon & Co Ltd (1897). In a corporation, however, stockholders, directors and officers typically are not liable for the company's debts and
obligations. They are limited liabilities in a way that only the amount which was invested in the corporation will be lost and not their personal
assets. For instance if a shareholder purchased a stock wealth K100 no more than K100 can be lost.. When a corporation which is a limited
company holds assets and real estates if a shareholder of this corporation is personally involved in a lawsuit or bankruptcy, the assets and real estates
of the company will not pay for that lawsuit of that particular individual or shareholder, , the assets will be protected. There will be no creditor who
will seize those assets because they company assets. However, the creditor can seize ownership shares in the corporation, as they are considered a
personal

Bank Of America Social Media Analysis
Bank of America was founded in 1904 by Amadeo Peter Giannini when he opened the bank of Italy in San Francisco, it later developed to what we
now know as Bank of America. In1958 Bank of America issued its first bank credit card(Bank AmeriCard). Bank America's most substantial purchases
was in 1983 the purchase of Washington StateBank. Bank of America became the first bank to offer Coast to Coast operations in the United States and
expanded to New England with the acquisition of Fleet Boston Financial Corporation in 2004, by the early twenty–first Century BOA was operating
more than 5,500 Bank branches 20 US states in which they conduct corporate and Investment Banking in numerous countries worldwide. Its merger
with MBNA Corporation in 2006 ... Show more content on Helpwriting.net ...
Bank of America also has a program called Merrill Edge in which consumer can be educated on investments and are able to invest their funds on
business ventures as well as retirement. As I searched through the site I was very impressed Bank of America seem to touch base with everything
from their history to their values and their they have managed to be very specific and detailed. As far as social media is concerned Bank of America
has also shown their interest in utilizing social media to reach out to their consumers they have participated in Facebook, Instagram, Twitter and even
YouTube and checking out their social media I noticed that they have used those platforms to educate their consumers letting them know of new
programs and giving tips on how to save money and invest their money as well. The banking industry is a virtual component to individual business
National and Global Financial well–being. The banking industry builds and sustains Financial relationships with its consumers of all sizes to supply
Financial products and services to stimulate economic growth.
The industry participants produced a variety of services from savings accounts to home and business loans mortgages checking accounts and

Foreign Corrupt Practices Act Of 1977
During the years 2001 through 2005 According to the information and plea document, three Miami–Dade County telecommunications companies
executed a series of contracts with Telecommunications D'Haiti that allowed the companies' customers to place telephone calls to Haiti. Joel
Esquenazi, an executive of one of the companies, was charged with making illegal payments to officials at Telecommunications D'Haiti. In exchange,
the foreign officials presented business advantages on the Miami–Dade County companies, including issuing preferred telecommunication rates the
number of minutes for which payments was owed, and giving a variety of credit to owed sums. A shell company, owed by alleged co–conspirator Juan
Diaz, and co–defendant Marguerite... Show more content on Helpwriting.net ...
Since 1977, the anti–bribery provisions of the FCPA have applied to all U.S. persons and certain foreign issuers of securities. With the enactment of
certain amendments in 1998, the anti–bribery provisions of the FCPA now also apply to foreign firms and persons who cause, directly or through
agents, an act in furtherance of such a corrupt payment to take place within the territory of the United States. The FCPA also requires companies whose
securities are listed in the United States to meet its accounting provisions. See 15 U.S.C. В§ 78m. These accounting provisions, which were designed
to operate in tandem with the anti–bribery provisions of the FCPA, require corporations covered by the provisions to (a) make and keep books and
records that accurately and fairly reflect the transactions of the corporation and (b) devise and maintain an adequate system of internal accounting

The Between Suntrust And Regions Based On Customer Service
In today's banking market what is really considered to be the standard? Most customers are looking for the same things from their bank of choice and
most banks have stepped up to the plate and stepped into the digital world. People today go to banks they know of through family and friends or
which bank is closest to their home or work. Within the mid–south, the most prominent banking corporations include SunTrust and regions. Within the
banking system, there are many choices, the current choice for most in the mid–south is between SunTrust and Regions based on customer service,
easy access to locations, and ease of electronic interface. Customer service is a large part of any businesses success. It can also be a big deciding factor
when someone is stuck between two options. Many times in the business community the smaller companies are better with handling customers' needs
than the larger corporations. The same may be said of most banking institutions. Although what happens when two banking corporations have almost
the same sized company, but one surpasses the other in customer service? That better customer serving corporation then forms a better following than
the lesser one. Both SunTrust and Regions are fairly prominent around the mid–south. Sun trust is seemingly the smaller of the two but lacks the
friendly and attentive staff of the regions corporation. Regions makes it a point to keep their customers happy and keep them coming back for all their
banking needs. Both

The Benefits Of Small Economic Development
We were unable to find any banks with programs to specifically assist in relocating individuals to new cities for work, although many banks have
programs for affordable housing development.
Many large banks and financial institutions provide small business development funding through their partnerships with the Local Initiatives Support
Corporation (LISC), which operates throughout the United States.
Bank of America, Cambridge Savings Bank, KeyBank, TD Bank, and M&T Bank have active programs in their service areas to assist smallbusiness
creation and community development, either through nonprofit partnerships or through direct investment, financing and tax incentive programs.
Overview
After a thorough search of banks across the USA, we ... Show more content on Helpwriting.net ...
While specific details depend upon which nonprofits Bank of America chooses to partner with, it is safe to assume that at least some of these
nonprofits, in partnership with Bank of America, will work to bring new small businesses to communities across the United States. Bank of America
will be accepting applications from nonprofits looking for funding in this area of programming from January 29 to February 23, 2018. Eligibility
criteria includes tax–exempt non–profit status as well as serving one of these specific locations.
CAMBRIDGE SAVINGS BANK Cambridge Savings Bank also conducts their charitable giving through grants and sponsorship for nonprofits in the
following communities: Acton, Arlington, Bedford, Belmont, Brookline, Burlington, Cambridge, Concord, Lexington, Lincoln, Medford, Newton,
Somerville, Waltham, Watertown, Winchester, Woburn or the neighborhoods of Allston and Brighton. Cambridge Savings Bank primary focus areas
include: Human Services, Affordable Housing, Community Development, and Civic Initiatives. Under their Community Development initiatives, they
specifically state that they work with nonprofits whom "attract new businesses to the area", although they do not list which nonprofits they are
currently working with or the specific programs.
KEYBANK
KeyBank, which also provides most of its support via nonprofit sponsorship and funding, has identified Neighbors, Education,

Essay On The Ompics Of International Financial Institutions
The University of the People The Olympics of International Financial Institution Projects The Olympics of International Financial Institution Projects
Every year, International Financial Institutions engage themselves in several projects related to the improvement of the world through financial means.
International Financial Institutions were created after World War II in order to "prevent another worldwide economic cataclysm like the Great
Depression that had destabilized Europe and the United States" (Globalization 101, n.d). The way in which International Financial Institutions do this
is by ensuring the cooperation between markets and managing a financial system around the world. Some of the projects of improvement include the...
Show more content on Helpwriting.net ...
The World Bank has provided technical assistance and direct positive impacts include: "(ii) there has been a significant drop in water connections fees,
from US$250 to US$50 per household connection, plus the adoption of a lifeline social tariff for the first 8 cubic meters of consumption per month;
(iii) the restoration of the financial equilibrium of the urban sector since 2006; and (iv) the implementation of 160,200 new social household
connections (108,000 under Ziga1), including peri–urban settlements and the installation of 711 standpipes" (World Bank, 2017). Although there are no
related negative impacts due to the execution of this project, there is still a huge challenge in delivering water to the population. One of the main issues
of this is that the government is centralized and the agency responsible for managing water infrastructure cannot delegate this responsibility to
municipalities. One way through which the World Bank could have improved this is by instead of giving technical advice to a central entity, they
trained and loaned money to municipalities. Lending money to municipalities in rural areas would have ensured that even those that are the most far
away would have gotten access to this improvement in infrastructure. The Silver Medalist:

Webster Financial Corporation Essay

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