The Structure Of The Banking Industry

There are various categories of banking; these include retail banking, directly dealing with small businesses and persons. Commercial and Corporate banking which offers services to medium and large businesses (Koch & MacDonald 2010). Private banking, deals with individuals, offering them one on one service. The last category is investment banking. These help clients to raise capital and often invest in financial markets. Most global banking institutions provide all these services combined. With all these institutions in existence within the same localities and offering similar services, there is a need to regulate the industry so as to protect the consumer and provide fair working environment for all banks (Du & Girma, 2011).

The Financial Sector: The formal budgetary division comprises of six saves money with temporary licenses, and nine authorized cash exchange firms. The division is little and promising while there is allegedly expansive casual part. The national bank of Somalia (CBS) confronts challenges in building monetary division supervision because of specialized and human asset imperatives. The economy has restricted money, especially in lower groups. Somali banknotes are not promptly accessible, making issues for the poorest nationals.

JPMorgan Chase and Co. (JPMorgan Chase) is one of the main suppliers of money related administrations on the planet. The organization's buyer and business banking and solid capital sufficiency are its real strengths, even as home loan and commercial banking continue to be a territory of concern. The organization's introduction to the current financial imbalances and extraordinary rivalry might affect the organization's performance. Be that as it may, the little business banking and worldwide asset management business sector could display new development chances to the organization.

The United States banking industry has been a problem ever since the fraud and corruption from the market crash of ’08. There have been two sides arguing what we should do to these banks. Many people say, “We need to split up the big banks into smaller banks.” Their argument is that the smaller banks will be easier to monitor to make sure no fraud is going on and it will cause there to be more competition in the industry which will lower interest rates. The other side of the argument where many people also stayed is that the big banks don’t need to be split up. They just need a bailout to get back on their feet and they can sort this mess out. The arguments stand on two principles one side says the banks are corrupt and need to be disbanded, and the other side’s states that the banks are too big to fail; come ground is difficult for these two but they both want to fix the economy.

After the collapse of Lehman Brothers, the G-20 became the most important forum for economic cooperation . Its positive impact in the realm of financial regulation can be determined by two main results. Firstly, the most important emerging nations were included in the premier league, thus rebalancing most part of worldwide financial authorities, increasing the number of players who now participate in financial regulation. Secondly, the G-20 started several initiatives regarding worldwide financial regulation. It set important deadlines that in some cases were not met. Even though the G-20 is a political organization, the management of the global financial regulatory agenda has been mostly performed by the IMF and FSB. The IMF performed an important task via its Financial Sector Assessment Program (FSAP). The FSAP became in 2010 an important regular feature within 25 nations, hence providing a comprehensive assessment of a nations’ financial stability. The FSB has a multidimensional role and is still evolving. It established, usually under the request of the G-20 authorities, several working groups, as well as it manages tasks in numerous fronts. Nonetheless, the actual effort of rulemaking and standard-setting rests at the specialized global authorities’ realm. Several of its reports are directed to global bodies, which have FSB memberships, such as the IOSCO and the Basel Committee. Therefore, the contribution given by the

There are over 46 companies that exist within the banking industry. Citigroup, Wells Fargo, Bank of America, J.P Morgan Chase and several others. The competitors are relatively equal in size, however, they have different ranging revenues. The four major competitors consist of Citigroup, Bank of America, J.P Morgan Chase, and Wells Fargo. Revenues for Citigroup Inc. were reported at $76 billion in 2014, Bank of America was reported at $100 billion, and $96 billion for J.P Morgan Chase. Wells Fargo lags behind with $26 billion in revenues. Each banking company had roughly around 200,000 employees. Another competitor includes the Commercial Bank of China with revenues totaling $2.8 billion. Each bank has an average of $2 billion in assets, so not one bank has more than the other.

Over recent decades, there has been a decline in the traditional model of banking with a shift in banking structure. Interest income has fallen as a percentage of operating revenue while the percent¬age of non-interest income has risen dramatically. In 1980, the non-interest income of banks accounted for 20 per cent of the operating revenue of the US banking industry; by 2004, this had increased to 42 per cent (Stiroh, 2006). Similarly, over the last two decades in Australia, fees from deposits, loans and payment services totalled $11.6 billion, an increase of 8 per cent on the previous year (Reserve Bank of Australia Bulletin, 2009). However, this figure is somewhat understated as it does not include all items of non-interest income such as fees from fund management, underwriting and insurance activities. In Australia, the increase in fee income reported came from not only an increase in fees but also from growth in the size of non-interest income assets. In other words, increases in fee income, through a gradual introduction of fee items to traditional interest bearing accounts, have been somewhat overshadowed by the growth in the volume of non-interest earning transactions. For instance, the average growth of bank service fees was 7.9 per cent between 2001 and 2009, while banks’ residential assets grew at almost double this rate (14.5 per cent) (Australian Bankers’ Association, 2010).

In terms of the microfinance industry, there are two government bodies that are mainly responsible for the legal, regulatory and supervisory environment of the sector. The State Bank of Vietnam (SBV), founded in October 26, 1961,is a ministry within the government responsible for monetary management and banking and credit operations and state management of public services (State Bank of Vietnam 2016ab). All

In current intensely competitive economic market, banking plays an extremely significant role because it not only enhances economic development, but also provides valuable services to the whole country (Cv, 2015). Banks accept deposits from savers and lend these deposits to those who need them by generating financial products such as mortgages and loans. Based on Boatright’s perspective, even though banks are different in size and nature owing to both historical and geographical factors, they can be broadly defined as financial institutions that perform as a bridge connecting savers and borrowers throughout providing valuable financial products and services (Boatright, 2010). The object of this paper is to briefly explain some essential concepts about commercial banks and the corresponding ethical issues derived from these concepts.

The banking industry has continued its steady growth and expansion until eventually there was a need for a governing body to oversee the activities and operations of the numerous banks in the country. This led to the establishment of central bank, Bank Negara Malaysia, an

The basic purpose to conduct this research study was to review the present situation with possible future image of the ASEAN financial integration, and discuss their challenges and prospects with essential focusing on the banking sector in Thailand. The author evaluated in the study the challenges to banks in Thailand from ASEAN Financial Integration and assessed prospects banks have in Thailand from ASEAN financial Integration.

During the past decade, the banking sector had under gone rapid and striking changes like policy changes, increased competition due to the entrance of more private sector banks, introduction of new

Due to Deregulation the dimension of banking has been changing rapidly with Technological innovation and Globalization all over the world. In Bangladesh Commercial banks have to keep pace with the change in global business.

Författare: Titel: Dam, Dan Luy Utvärdering av kreditriskhanteringspolicy och utövning i en banks transaktionskontor i ett kommersiellt vietnamesiskt aktiebolag År: Språk: Sidantal: Handledare: 2010 engelska 112 + 4 bilagor Nahan-Suomela, Rosmeriany

The integration is promoted through the introduction of liberalisation in domestic financial markets with the help of AFAS and on the other hand AFAS attempts to consolidate the financial structure such as harmonisation of regulations. The governors of the central banks of the ASEAN members proposed the ABIF as a component of the AEC Blueprint in 2011 and framework formulation is still a work-in-progress. The materialisation of banking sector integration is expected to be achieved in 2020. For successful integration ten central banks have reached agreement on following four points; 1) harmonisation of domestic regulations, 2) infrastructure development for stabilisation of financial sectors, 3) enhancing capacities of less developed countries (BCLMV) (which are Brunei Darussalam, Cambodia, Laos, Myanmar, and Vietnam) and 4) installation of a criteria for Qualified ASEAN Banks (QAB). QABs will be able to operate in all countries.