Category: Banking

Introduction The Bank of America is on the verge of substantial changes, as during the 2007-2008 crisis, the organization made inadequate investments and acquisitions. The recent estimations show that the Bank lost almost $40 billion, which negatively affected the growth margins and caused loss of stakeholders trust. In this case, the immediate changes are needed…

COVID-19 is an infectious disease that was first identified in the United States in January of 2020. One of the main issues for banks is that a large number of clients, borrowers, and businesses are currently facing hardships such as job loss, slowed sales, and a decrease in profits. Due to this, these different entities…

Table of Contents Introduction The case of Northern Rock Corporate governance issues emerging Conclusion List of references Introduction Currently the cases of financial crisis especially in banks have continued to increase hence raising attention of many people as well as governments and business organizations. It is because of the increased financial crisis that there is…

Table of Contents Introduction The case of Northern Rock Corporate governance issues emerging Conclusion List of references Introduction Currently the cases of financial crisis especially in banks have continued to increase hence raising attention of many people as well as governments and business organizations. It is because of the increased financial crisis that there is…

This research article discusses the role of the bank either knowing or unknowingly in laundering the money obtained by cheating. When massive money is transferred, banks should exercise utmost caution so that they cannot be later accused that indirectly helping the cheaters to cleanse their dirty money. Banking has now more moral responsibilities in identifying…

Introduction Bank of Americas (hitherto will be referred as BOA) management governance design facilitates it to administer all chief features of their business through review and planning process that involve risk, strategic, associate, customer and financial planning. BOA is able to enhance its profitability by administering risks on its clients transactions. BOA applies qualitative initiatives…

This research article discusses the role of the bank either knowing or unknowingly in laundering the money obtained by cheating. When massive money is transferred, banks should exercise utmost caution so that they cannot be later accused that indirectly helping the cheaters to cleanse their dirty money. Banking has now more moral responsibilities in identifying…

Introduction DBS, Asias largest bank, was failing due to several factors; however, top on the list was how the bank was slow. The bank had gained a bad reputation in public, and thus, the introduction of new management changed everything. The management started digitizing the bank and changing its operations while keeping an eye on…

Introduction Islamic banking has been growing in popularity in MENA countries as a way of complying with Islamic principles. According to Mervyn and Algaoud (83), there has been pressure among the financial institutions to be compliant with some of the Islamic principles in their operational strategies. Shariah law prohibits charging of interests on loans given…

Introduction Islamic banking has been growing in popularity in MENA countries as a way of complying with Islamic principles. According to Mervyn and Algaoud (83), there has been pressure among the financial institutions to be compliant with some of the Islamic principles in their operational strategies. Shariah law prohibits charging of interests on loans given…