World's Top 25 High-End Important International Banks
A BANK is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank links together customers that have capital deficits and customers with capital surpluses.
Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalised a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.
Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had its roots in the ancient world. In the history of banking, a number of banking dynasties—notably the Medicis, the Fuggers, the Welsers, the Berenbergs, and the Rothschilds—have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.
Bank News, Reviews & Resources
- ad-hoc cash disensing network - Apple patent turns every stranger into an ATM.
- Apps That Make Saving as Effortless as Spending - The New York Times.
- BANK - Wikipedia.
- Bank of England helped in sale of looted Nazi gold - BBC News.
- BANKSTER - definition & explanation.
- Central Banks Consider Bitcoin’s Technology, if Not Bitcoin - The New York Times.
- China International Payment System | CIPS - Reuters.
- De La Rue - since 1821. "The world’s largest commercial banknote printer." The world's largest commercial security printer and papermaker. Banknote manufacturer, security printing, papermaking and cash handling systems company with headquarters in Basingstoke, Hampshire, England.
- DIRECTORY OF LIECHTENSTEIN BANKS
- DIRECTORY OF SWISS BANKS
- Goodbye, Password. Banks Opt to Scan Fingers & Faces Instead - The New York Times.
- HAWALA BANKING - informal value transfer system based on the performance and honour of a huge network of money brokers, which are primarily located in the Middle East, North Africa, the Horn of Africa, and the Indian subcontinent.
- How Citigroup Escaped Financial Disaster in 2008 - The New York Times.
- How to explain offshore banking to a 5 year old - The Guardian.
- How to send money abroad for free - The Telegraph.
- ISLAMIC BANKING - Wikipedia
- Lehman Brothers collapse: where are the key figures now? - "Ten years ago this weekend the investment bank’s bankruptcy caused panic in US and UK."
- LIST OF BANKS THROUGHOUT THE WORLD
- LIST OF SWISS PRIVATE BANKS
- Meet the Snowden of Swiss Banking - ICIJ.
- Shadow banking system - term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks.
- SIFI - Systemically Important Financial Institution.
- Swiss Leaks - name of a journalistic investigation, released in February 2015, of a giant tax evasion scheme allegedly operated with the knowledge and encouragement of the British multinational bank HSBC via its Swiss subsidiary, HSBC Private Bank (Suisse).
- Too big to fail - colloquial term in describing certain financial institutions that are so large and so interconnected that their failure is widely held to be disastrous to the economy, and which therefore must be supported by government when they face difficulty.
Top 25 Important International Banks
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