February 14, 2020
Bank
What is a Bank? “…an establishment for custody of money, which it pays out on customer’s order.”Oxford DictionaryDefinitionA bank is the major financial institutio...
What is a Bank? “…an establishment for custody of money, which it pays out on customer’s order.”Oxford DictionaryDefinitionA bank is the major financial institutio...
What is a Bank Credit?Definition‘Bank Credit’ is a financial term used to refer to the amount of money a business or individual can borrow from a bank. It is also referred to as the money tha...
What is a Bank Confirmation Letter (BCL)?DefinitionA bank confirmation letter is a letter that confirms an established loan or line of credit with a financial institution. It is a letter gotten f...
What is Bank Bill Swap Rate (BBSW)?DefinitionThe bank swap rate, also known as Bank Reference Rate, is the rate banks charge to lend money to each other in Australia. In the happening of an unexp...
Brief Overview Of The Asian Infrastructure Investment Bank (AIIB) The Asian Infrastructure Investment Bank (AIIB) is a multinational development bank that has the sole mission of building infrastr...
What is Bankruptcy? Bankruptcy is a court proceeding where a judge and court trustee examine the assets and liabilities of individuals and businesses who find it difficult to ...
The Chief executive officer of J.P. Morgan and Chase Co(JPM)., Jamie Dimon has just got a salary increase. His salary was raised by 1.6% to $31.5 million following his effort in ...
Are you in search of a high-yield savings account that gives the best interest rate on your savings? In this article, we would be exploring the top 10 High-Yield Banks savings account and their intere...
On Wednesday (Jan 8th), the World Bank slightly trimmed its global growth forecasts for 2019 and 2020 following to a slower than expected recovery in trade and investment, even though trade tensions b...
As the year comes to an end and we step into a new decade, the Bank Of America Corp. has said that financial markets are set for a risk asset melt-up in the first quarter of this new dec...