Finance Articles

The Growing Prevalence of International Banking

International banking is growing at a blistering pace. The transformation of the world into a true global economy is fueling this growth. A number of national and regional banks have gone international in recent years, and the trend continues. The more prominent international banks are considered to be major players of the world financial markets. These international banks operate across dozens of countries and allow banking from anywhere in the world via the Internet. A wave of mergers and the growth of electronic banking has resulting in the emergence of international banking titans from a number of different countries.

Citibank is one of the premiere international banking institutions in the world. It was founded in 1812 under the name City Bank of New York. As of 2006, Citibank had over 300,000 employees. Assets under management totaled $1.50 trillion in 2005. The net income of Citibank in 2005 was over $24 billion.

In the European Union, one of the most prominent international banks is BNP Paribas. The bank is based in Paris, France. It was a result of the merger of Pribas and Banque Nationale de Paris. The bank is one of the oldest three banks in France. In 2006, BNP Paribas earned 7.30 billion Euros. Their total number of employees reached 138,000 in 2007. Measured by total assests under management, BNP Paribas is the largest bank in the EU. It operates in 80 different countries.

Deutsche Bank is another well-known name among international banks. The bank was founded in 1870 and is based in Germany. The bank employs more than 75000 people, and is one of the largest investement banks in the world when ranked by revenues. The bank operates three main divisions: The corporate and investment bank, Corporate investments, and Private Clients and Asset Management.

No list of international banks would be complete without a mention of The Hong Kong and Shanghai Banking Corporation, better known as HSBC. HSBC is not just a bank, but a complete financial services company. International banking services are just one part of its overall operations. In 2006, the total revenue of HSBC was over $70.1 billion and its net income was $15.8 billion. True to its slogan "The world's local bank", HSBC is present in most major countries throughout the world.

The international banks have two big advantages. First, they are accessible from almost any country. This means that you may be anywhere but you are never far from your bank. Second, they offer consistency of service, even in areas where the local banks can be shady. Accordingly, it's much easier for international travelers to place their trust in these familiar names.

Amit Raju owns and operates http://www.planetarybanking.com, a site offering information about International Banking Services.

Other Article Sites

findabook.com  moneycd.info  a-mortgage.info   about-lemon-laws.info  aboutstudentloans.info
all-about-publishing.info  auctions-articles.info  bestcollege-university.com  bestispconnection.com
biblefolder.com  blogger-website.com  books-used.info  brokers-guide.info  buywindows.info  cable-dsl.info
career-miner.com  carpel-tunnel.info  cashinaflash.info  cashloanreviews.info  casinobell.com  chat-house.info
clearmycredit.info  collegeloantips.info  crones.info  depression-articles.info   dirnic.net  dishguides.info
divers-below.com  expodog.info   financewizz.com  fire-insurance.info  getgood.info  handleit.net   it-idea.info
health-supplies.info  hosting-right.com  insidealert.com  insurance-facts.info  jobs-employment.info
justgood.info  lookgold.net   lowcost-travel.info  money-source.info  myhostzone.info  numisblog.com
peoplesearchfinder.info  pr-articles.info  realeas.com   refinancing-guides.info  spyware-remove.info
telelot.info  the-law.info   toppaid.info  travel-deals.info  travelcorrect.com  wedding-guide-site.com
your-blog.info  your-credit.info

Investment Activity Eases From 2007 Peaks, Though Core Investors Remain Active by CB Richard Ellis
Details on investment activity and transactions for the first half of 2008 throughout Asia are now available, with mixed results. Demand has slowed from last year, but is still strong with core investors.

How I Started My Own Work At Home Internet Business With Very Little Investment!
Have you always wanted to work at home? Have your own business? Didn't think it was possible? No more commuting in traffic (plus gasoline prices right now are ridiculous). No more "business attire" (work in your jammies) and no more Corporate America breathing down your neck.

Investment Property portfolio?s - 6 Key Strategies for a smart loan
A booming market for buy-to-let and investment property portfolios has created the need for new types of mortgages and investment property loan facilities. Securing finance for buy to let and holiday rental properties classed as an ?investment property loan?, has never been easier and many of the main lenders have transformed their lending criteria to support property entrepreneurs.

Houston Accounting Firm Melton & Melton LLP Joins International Association of Independent Firms
Houston based Melton & Melton LLP is the latest U.S. CPA firm to join MSI Legal & Accounting Network Worldwide (MSI). The firm needed to find an alternative solution to a merger in order to satisfy increasing client demand for services in other U.S. States and internationally. Joining MSI meets this requirement, and just as importantly, enables the firm to retain its much-valued independence and identity

How to Get Your Home Mortgage Loan
If you are thinking of purchasing a new home soon you will need to know how to qualify for a new home mortgage. If you have a good credit history you will find it much easier to get approved for your home loan.

Early Steps to Overseas Property Investment
Overseas property investment can be a profitable affair if your decisions are more calculative than impulsive. Calculations do not necessarily make things critical. On the contrary, some simple calculations can save you a lot of money, time and energy. Let us do some psychological calculations as the first step towards overseas property investment. Why are you thinking of investing in overseas property? Do you visit that place regularly or do you plan to visit that place regularly? If you are simply planning to visit that place regularly, are you sure that this mindset will last for a longer period? Are you investing in some overseas property to use it as a regular source of income? If yes, than have you have done all the necessary groundw...

John Sauro of North Atlantic Mortgage Releases New Audio Book on Amazon, Inside the Mortgage Market
New Audio Book, Inside the Mortgage Market, Tips for Buying and Refinancing Real Estate, Now Available on Amazon

Stated Income Mortgage Loan - Get Approved Online
A stated income or no doc mortgage loan allows individuals with difficult to document income to buy a home. With a documented credit score and reasonably stated income, you can qualify for a mortgage at a slightly higher rate.

Mortgage loans are one of the most desired loans now a days.
Mortgage loans are one of the most desired loans now a days. Mortgage loans are larger in amounts. They are the highest investments that the companies invest and highest amounts that the customers want, and then interest percentages will play a predominant role. Then to plan these we have to look for the good loan provider, who takes care according to your financial status and plan for us in various types.

Shopping In A Tightening Mortgage Market
In recent months the media has been rife with stories of a meltdown in the mortgage sector. And while reporters are often prone to hyperbole, there's no denying that the home financing industry is suffering. Mortgage investment funds have faltered, home prices have declined, residential foreclosures are on the rise, and about one hundred nationally operating lenders have closed their doors.

Investors are Choosing Property Investment in Australia
Property invesment in Melbourne, Australia is not a coincidence. The city has ranked third in the world in terms of quality of life in measure of terms of political stability, security, economic strengths, access to medical facilities, standards of education, recreational and cultural options, standards of housing and environmental considerations.

myAutoloan.com an Auto Loan Finance Company, Celebrates Over $252 Million in Funded Loans
myAutoloan.com celebrated its 6th year of online auto financing, officials reflected on its performance in 2007, which proved they continue to offer value to the market by facilitating over $252 million in direct to consumer loans.

Are Atlanta Home Mortgage Lenders And Brokers Being Squeezed Out Of The Mortgage Market?
Mortgage guidelines and rules are changing daily because of the current mortgage crisis Foreclosures are up, and the Atlanta market is eighth in over-all foreclosures nationwide

Mortgage After Bankruptcy - Post Bankruptcy Financing - Frequently Asked Questions
If you have recently filed bankruptcy, you may have a few questions about your ability to get a home loan. Here are some common questions about mortgages after bankruptcy: