European Financial Services Roundtable

concepts of financial literacy. Financial literacy means the possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving, tax planning and retirement. It also involves intimate knowledge of financial concepts like compound interest, financial…

employment success, such as, two management roles before reaching my twenty’s and also a fulfilling career in the financial industry for nine years. Working in a customer service role for the last 14 years I have faced struggles with communication, as well as developed positive skills to work effectively with others. One of the most essential elements I have learned from working as a Financial Advisor is how to build trust with people. I firmly believe this is key to any successful relationship,…

dollar industry. Linsco and Private Ledge Financial (LPL) should enter the equity crowdfunding arena to strengthen the value they bring to the marketplace. In the financial services industry since 1989, LPL is fourth largest independent broker-dealer and has contracts with over 14,000 advisors. Publicly traded and listed on the National Association of Securities Dealers…

of today are created in a way to be both a physical panopticon, an authoritarian panopticon, and a financial panopticon. The banks of the United States and the rest of the world control the actions of our life in a way that seems to infiltrate everyday activities and actions. Not only do banks form a physical panopticon because of their high-level surveillance, but they form a panopticon of financial control through their practices. As explained by Foucault in Panopticism, a panopticon "forms…

Union Bank and Trust Company Wire Transfer Risk Assessment Overview Many consumers and businesses conduct electronic bank-to-bank financial transactions through wire transfers. A wire transfer is a process of moving money from one account to another, across financial institutions. While this activity is convenient, it does not come without risk. Union Bank and Trust (the Bank) acts as both an originator and receiver of domestic and international wires. The Bank will be using the Federal…

Bank its reputation and support the Government. On other hand the Clients’ point of view is that he doesn’t benefit from the taxes paid to Government, explaining that in other countries people pay taxes to the Government and actually having lots of services like free education for their children, insurance, transportations, and many other facilities. But unfortunately here…

peers over the last two quarters, as the reputational hit resulted in existing and potential customers switching away from Wells Fargo’s services.” (Legal Issues Making It Hard For Wells Fargo To Regain Customer, Investor Confidence, 2017) Negative hits to a company's reputation can significantly reduce the credibility of the organization, and for one in the financial industry, being a credible merchant is imperative when seeking to improve…

Porter’s Five Forces is a strategic business plan used to assess the competitiveness of business to survive in a tough business market. The components of the Five Forces include the threat of new entrants, the bargaining power of suppliers, the bargaining power of customers, competitive rivalry, and availability of substitutes. The components of the Five Forces can be applicable to any business, but this paper will examine how the Five Forces apply to Wells Fargo. According to the Federal…

learned in the text Ethical Theory and Business (Arnold, Beauchamp, & Bowie, 2013). “Capitalism is a system of social interaction which uses money as a medium of exchange for goods and services” (Roldan, 2010). Capitalism is rooted in the value gained from a transaction. Buying a home is one of the largest financial transactions a person can make in their life, and it arguably…

the Darden Business Review case: Integration of Wachovia and Golden West (A): - Discuss two reasons for Wachovia to pursue and complete the merger with Golden West, Thompson expresses that joining forces with one of the country’s premier financial institutions , Golden West will not only enhance their market presence and product set yet also enable Wachovia to distribute a more solid value proposition for their shareholders and customers. In 2007, Wachovia had doubled its earnings and…