Fractional-reserve banking

For this project, we were charged with distilling a feed stream of methanol, ethanol, n-propanol, and n-butanol to 98% purity of each component. Our feed was assigned entrance specifications of 50 kmol/hr, 25˚C, and 1 atm. ChemCAD simulations allowed us to analyze the different methods of distillation in order to create an optimal process. It was left up to us to decide how many columns to use, the topology of these columns, number of trays, feed stream location, and many other variables that…

The founder and CEO of Smartix is Vivek Khuller, Smartix is an electronic ticketing system that allows users access to sporting events with a piece of identification. The system functioned by the actual ticket sitting electronically on a computer server. To enter the sporting complex, the user would have to have present a piece of identification to the person at the entrance. They will then type your name in and see if there is a match on the server. If it's a match, you will be allowed to enter…

As a financial and insurance service group, MAA Group Berhad (MAAG) is a wholly owned Malaysia invested holding company operating in the Financial Services Sector and is listed on the Main Board of Bursa Malaysia. MAA Group has been long time in industry player with its first appearance in 1968 through Malaysian American Assurance Company Berhad (MAAB), which was incorporated as a public listed company principally engaged in the General and life insurance businesses. MAA Group was founded in…

the name of Industrial and Commercial Finance Corporation (ICFC) in order to provide financing to small and medium companies (3i, 2015). The formation of ICFC was inspired by the Macmillan Committee that was formed to inspect whether the British banking and financial system was helping or hurdling the British trade and industry, realized after the 1929 stock market crash. Identified in the report was the disparity between depositors, who asked for high rate of return on their investments and…

universally known firm forming businesses with countries all around the world, including The United States of America, The United Kingdom, and Asia. This company provides financial services including retail banking, premium banking, business banking, institutional banking, funds management, superannuation, insurance, investment and share-broking products and services. A corporate social responsibility activity carried out by the company is the Group Environmental…

both simple and fractional distillation an equimolar solution of ethyl acetate and propyl acetate was seperated. After distilling 20 mL of the mixture the samples were collected in fractions, which were then analyzed using gas chromatography. The mole ratios of the distillations were converted to a percentage to analyze percent composition. Simple distillation yielded the following results: S1- 69.88% EA/ 30.12% PA, S2- 66.73% EA/ 33.27% PA, and S3- 46.42% EA, 53.58% PA. Fractional…

2014; this is the year where PCI DSS really takes off, more and more banks have pushed their merchants to be compliant and certified with PCI DSS although just by answering the Self-Assessment Questionnaire (SAQ). But why suddenly all these banks become so actively engage in PCI DSS? This is due to the card patron especially VISA and MasterCard. After what happen to the infamous Target retailer in early 2014, card brands have been in caution mode and have change their way in allowing entities…

i.e. Maybank and ICBC bank were analysed in depth, whereas the products and services provided by the other 2 banks are mentioned. Maybank (MAYBANK, 2015) Maybank services are broadly divided into the following heads. • Personal Banking • Business Banking Personal Banking • Deposits • Loans • Investment Deposits Current Deposits Foreign Currency Call Account – Available in US dollars and Euro, this account gives you access to quick cash when you need it. Provides flexibility to access US…

Henry Okpo Col 111 Job shadowing/ informational interview assignment I was able to job shadow and interviewed Mr. Elijah Bankole who is the Manager Deb consultant and entertainment firm in Minneapolis, who took me through his typical day at work. Elijah is the head manager of a 5 member team, whom jobs are to organize musical concept, Artist management and event consultant, the firm main operation office is located downtown St. Paul MN. Management consultancy is open to graduates from…

The first problem is the workforce of the future as the bank dealing with the change and millennial challenge. The advances in technology and stiffer banking regulation has led to increase transparency. Banks are now looking for new ways to deliver value to clients and create a new competitive edge. The nature of the work of the bank is changing in the search for differentiation and drive to digitize the industry’s value chain, along with the skills required to deliver those services. As the…