What do banks require for equity financing? What types of banks can't submit PPP loans? What is the difference between retail and commercial banking? What is investment banking? What is an echeck? What is digital banking? What are ACH payments?
What are the general principles for reconciling balances outstanding, and how would you enter something from the statement that decreases the bank balance? Explain the concept of debits and credits and how it applies to the various account types. ...
ANSWER:Creditscoringistheuseofstatisticalmodelstoevaluateloanrequests.Data providedbythecustomeranddatafromcreditbureausareusedtogenerateastatistical scorethatisusedinthedecisionmakingprocess.Differentbankshavedifferentcutoff scores. Themajoradvantagesofcreditscoringarethattheyreducethetimeandcostof makinglendingdecisions...
A business organization can not exist a vacuum. It needs living persons, natural resources and places and things to exist. The sum of all these factors and forces is called the business environment. Business environment is of two types- (i) Micro environment or the internal environment (ii) ...
five major banks, namely, industry, agriculture, China, construction and transportation, have provided more than 30 billion yuan of development loans to non-state-owned real estate enterprises, including more than 14 billion yuan in the past two weeks. In the next step, we should continue to ...
Answer to: Explain the ideologies implied by the statements of: economists, Joseph Stiglitz, Bob Corker, the Republican resolution on the bailouts,...
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aUnder the new framework introduced in 1994, different types of financial institutions can enter each other’s business areas by setting up subsidiaries. New securities companies (17 in September 1996), established as 100% subsidiaries of major banks,have already been in operation. Major securities...
The federal reserve is the central bank of the United States of America and it is also the most powerful central bank in the world as it can influence other central banks with regards to various monetary policies such as interest rate and reserve requirement. ...
Discuss the importance of financial, cost, and managerial accounting interface. Is one more important than another? Define and briefly discuss the following common stock measure: book value. Explain how securities firms differ from investment b...