Financial services

I have conducted an interview with the Chief Financial Officer of Commercial Bank of Dubai, Mr. Thomas Pereira about the Corporate Social Responsibilities and organizational structure of the company which is stated below:- Question Q1 - Please let me know about Commercial Bank of Dubai The bank has started the operation in 1969 by the patronage of His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum. CBD has started its operation as a joint venture of Commerzbank, Chase Manhattan Bank and…

access via the internet, email, and “other components of “cyberspace,” including the global consumer credit card payment networks. Different types of informational or data breaches that significantly affect business functions involve compromise of financial data, customer’s private information, and business proprietary data. Data breaches totaled 1,540 worldwide in 2014…

Bikaner and Jaipur now provide all kind of personalised banking services that gives you the control over all your banking needs and demands. Banks all branches have been included under the core banking solution platform. Bank offers services in personal banking, NRI banking, International banking, corporate banking, agriculture products and services in other sectors.…

1.5 State Financial Corporation (SFC’s) The State Finance Corporations (SFCs) are the major component of financial institutional structure in the country. SFC provides financial assistance to small and medium industries of the states. SFC’s are plays significant role in establishing balanced regional development, higher investment, more employment generation and broad ownership of industries. Objectives of State Financial Corporation • To set up consistency in local commercial ventures. • To…

with the Forty Recommendations made by the Financial Action Task Force on money laundering (FATF). The 4MLD serves the purpose to enhance and strengthen the existing money laundering regulations set out in the Third Directive, whilst highlighting the need for a more unified international approach to Financial Crime, utilising FATF recommendations as their global standards. Whilst the main areas of the Fourth EU Directive remain in…

Jan Dhan Yojana- challenges in execution Story :Jan Dhan Yojana the biggest financial inclusion drive. The Purpose Jan Dhan Yojana - the prime minister's biggest project to ensure financial inclusion of households in India was started with an idea to provide 'Universal access to banking facilities'. The Problem Pradhan Mantri has given a target of 7.5 crore bank accounts to be opened by banks. Raghuram Rajan, the governor of Reserve Bank of India identifies the challenges and cautions banks…

social and environmental issues in their business transactions, operations and how they interact with stakeholders. If one were looking to review both concepts, one would simply read a company’s corporate mission and value statement. Lincoln Financial Group (LFG) is a company that proudly boasts their core values for review by shareholders and stakeholders alike. This paper will provide an in-depth review of both concepts…

Group, Inc. Goldman Sachs Group is a global leader in investment banking and investment management because of their widely diverse client base and capabilities. Goldman Sachs manages individual investment portfolios, provides investment management services such as advising and controlling, perform securities, and finance massive innovative procedures. The spirit at Goldman Sachs is driven by entrepreneurship, empowerment, and equality. The reason Goldman Sachs is so successful is because they…

CHAPTER ONE INTRODUCTION 1.1 Introduction Banking and Financial Institutional Act 1989 (BAFIA 1989) define the bank as a person which carries on banking business. A bank is a financial intermediary which accepts deposits and channels those deposits into lending activities. The lending activities can be carried out either directly or through capital markets. Bank act as payment agents by conducting and checking current accounts for customers, paying cheques drawn by customers on the bank, and…

”Through an intentional network linked by advanced technology, including a rapidly growing e-commerce capability; HSBC provides a comprehensive rage of financial services; personal financial services; commercial banking; corporate, investment banking and markets; banking; and other activities.” Their mission statement is concentrated on what services it provides rather than in what ways will they provide to customers. It could be changed into something more than just a specialist in banking and…