Role of It in Banking Sector Summary: The article presents a study which aims to analyze the role of information technology (IT) in the banking industry. Based on the article‚ technological innovations have enabled the industry to open up efficient delivery channels. It is said that IT has helped the banking industry to deal with the challenges the new economy poses. The study also examines the views of bank employees on the implementation of IT in banks. According to the author‚ private and
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may encounter when they translate a text‚ to provide the learners with essential English sentence patterns that could be very useful for the learners in learning and practicing translating and to provide the learners 20 assignments related to the theory they have learned. The desire of the author is to make available the principles of translation which have learned through personal experience in translation and teaching translation‚ and through interaction with colleagues involved in translation
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ACC 556 – Financial Accounting for Managers Chapter 1 Homework Due Week 1 and worth 10 points Directions: Answer the following four questions on a separate document. Explain how you reached the answer or show your work if a mathematical calculation is needed‚ or both. Submit your homework assignment using the homework assignment link in the course shell. E1-1 Here is a list of words or phrases discussed in this chapter: 1. 2. 3. Corporation Creditor Accounts receivable 4. 5. 6. Partnership Stockholder
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Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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The advent of the Internet has had an impact in our lives in all sorts of ways such as in the manner in which we communicate‚ flirt‚ date‚ and most importantly‚ how we shop. While even in the recent past the thought of whether some day one would be able to buy an Armani outfit wearing pajamas while looking after the needs of a couple of toddlers would have seemed an outlandish idea‚ thanks to the increasing sophistication of the technology of the 21st century‚ practically everything is virtually
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do not take deposits. From 1933 (Glass–Steagall Act) until 1999 (Gramm–Leach–Bliley Act)‚ the United States maintained a separation between investment banking and commercial banks. Other industrialized countries‚ including G8 countries‚ have historically not maintained such a separation. There are two main lines of business in investment banking. Trading securities for cash or for other securities (i.e. facilitating transactions‚ market-making)‚ or the promotion of securities (i.e. underwriting
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facilitators for the transformation of the Indian banking industry in terms of its transactions processing as well as for various other internal systems and processes. The various technological platforms used by banks for the conduct of their day to day operations‚ their manner of reporting and the way in which interbank transactions and clearing is affected has evolved substantially over the years. The technological evolution of the Indian banking industry has been largely directed by the various
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SHANGRI-LA You are partner in charge of the audit of Shangri‑La‚ Inc. The company is a real estate developer‚ specializing in luxury vacation areas. The company’s operations have been profitable‚ although not spectacular. Most of the development property is pledged as collateral for bank loans; there is a reasonable stockholders’ equity of about $10‚000‚000. Shangri‑La has a substantial
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------------------------------------------------- Shadow banking system From Wikipedia‚ the free encyclopedia Financial market participants | | * Collective investment schemes * Credit unions * Insurance companies * Investment banks * Pension funds * Prime brokers * Trusts | Finance series | * Financial market * Participants * Corporate finance * Personal finance * Public finance * Banks and banking * Financial regulation | * v * t * e | The shadow banking system is the collection
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during the financial crisis”‚ Journal of Banking & Finance 36‚ 3444-3468. 2. De Haas‚ R and I Van Lelyveld (2013)‚ “Multinational Banks and the Global Financial Crisis. Weathering the Perfect Storm?”‚ Journal of Money‚ Credit‚ and Banking‚ forthcoming. 3. Goodhart‚ C and D Schoenmaker (2009)‚ “Fiscal Burden Sharing in Cross-Border Banking Crises”‚ International Journal of Central Banking 5‚ 141-165. 4. Schoenmaker‚ D (2013)‚ Governance of International Banking: The Financial Trilemma‚ Oxford University
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