Banking Industry Meltdown: The Ethical and Financial isks
The 2008 financial meltdown has been rated as the worst global economic crisis after the Great Depression of 1930. It shook the financial fabric of all the nations regardless of their economic status. It also led to the closure of most of the world's renowned banks and other financial institutions. Analysts have related the problems and the causes of this meltdown to the failure of the banks in their use of derivatives (Will, Handelman, Brotherton, 2013). Derivatives are defined as the financial arrangements that financial institutions formulate in order to hedge out against a future loss. The nature if these financial assets are that they are highly profitable and at the same time perilous (Beder & Marshall, 2011). The allure of profits is what baits the managers to adopt and use them in their institutions. This study focuses on the ethical dimensions of…...

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References

Beder, T.S., & Marshall, C.M. (2011). Financial Engineering: The Evolution of a Profession. New York: John Wiley & Sons

Koslowski, P. (2011). The Ethics of Banking: Conclusions from the Financial Crisis. New York: Springer Science & Business Media

Will, S., Handelman, S, Brotherton, D. (2013). How they got away with it: White Collar Criminals and the Financial Meltdown. New York: Columbia University Press

Forces Leading to Changes in the Banking Industry
The banking sector is one of the strongest industries in the whole wide world which has been thought to be one of the industries that is incapable of feeling the adverse effects of a recession. This is not to mean that the industry does not feel any effects, rather it means that the effects felt are not as wide scale as those felt by other industries such as the airline industry and oil industry. Members of the banking industry are the financial institutions and financial intermediaries which accept deposits and then use these deposits to finance their lending activities either directly to customers or through the capital markets. Typically, this industry is one which connects the customers who have capital deficits to those who have surpluses of capital.

The banking sector is thus critical in the financial system and the economy as a whole.…...

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References

Berger, Allen N. "The Economic Effects of Technological Progress: Evidence from the Banking Industry." Journal of Money, Credit and Banking 35.2 (2003): 141-76. Print.

Bertrand, Marianne, Antoinette Schoar, and David Thesmar. "Banking Deregulation and Industry Structure: Evidence from the French Banking Reforms of 1985." The Journal of Finance 62.2 (2007): 597-628. Print.

Bolt, Wilko, and Alexander F. Tieman. "Banking Competition, Risk and Regulation." The Scandinavian Journal of Economics 106.4 (2004): 783-804. Print.

Braunschweiger, Walter J., George Geyer, and Paul B. Kelly. "Banking." The Analysts Journal 8.4 (1952): 117-27. Print.

The growth of Internet has led to a desire to understand the characteristics of the users, their reasons for using the service and what the users do when connected. A huge and expanding 'Internet watching' industry has progressed to provide such data. Some statistics can be collected directly from the Internet about traffic volumes and the geographical segmentation of its users and these provide a reasonably accurate picture of what is happening. The number of host computers which are linked to the Internet continues to expand every year by over 60 per cent and their geographic distribution is concentrated within a very few countries. U.S. dominate the amount of computing power present on the Internet, and accounts for over 60 per cent of all of the host machines. There are some differences in the ways that different countries have responded to this technology. Japan and France have a relatively…...

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Bibliography

Banking methods. Retrieved at   Accessed 3 October, 2005http://www.startups.co.uk/YdqsJJhoHWUGSg.html .

Internet / PC Banking FAQs - Answers (1)" Retrieved at   Accessed 3 October, 2005http://www.is4profit.com/is4money/banking/moneyandinternet/moneyandinternet3.htm .

Internet / PC Banking FAQs - Answers (2)" Retrieved at   Accessed 3 October, 2005http://www.is4profit.com/is4money/banking/moneyandinternet/moneyandinternet4.htm .

Any-Where Money: Internet Banking Systems" (Winter, 2001) Retrieved from www.net4internet.com/E-bank.pdf. Accessed 3 October, 2005

ethical issues in leadership traits that are prevalent in the corporate world. The paper goes on to discuss the solutions that are possible in event of unethical conduct.
LEADESHIP ISSUES: BANKING INDUSTY

Ethics can be defined as those steps that safeguard integrity of an individual or a society. The focus of this paper is however limited to ethics in organizations, belonging specifically to the banking industry.

Acting in accordance with ethics translates into accommodating moralistic behavior into one's conduct. Hence ethical conduct in businesses, though not very popular, plays an important role in formation of a healthy society. For instance the banking sector of any economy plays the key role in circulation of money and hence in maintenance of economy. Since it deals in supplying and receiving funds, it is highly important for it to be ethical in practices in order to safeguard the pool of funds (James J. Lynch. Banking &…...

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References

James J. Lynch. Banking & Finance: Managing the Moral Dimension. Woodhead Publishing Ltd., 1994

Howard S. Schwartz. Narcissistic Process and Corporate Decay. New York: New York University Press, 1990

Thomas J. Peters and Robert H. Waterman. In Search of Excellence. New York: Harper and Row, 1982

James Patterson and Peter Kim. The Day America Told the Truth. New York: Prentice Hall Press, 1991

Thanks to innovation and technology, it is no longer necessary for customers to wait in lines to do their banking. Technology has taken "consumers out of lines, reducing their wait times, and giving them control" (DeMarco, 2004). ATMs have been around for decades, and have made routine withdrawal and deposit transactions easy to conduct without teller assistance. Today, this has expanded to online banking.

Banking customers can now do a variety of transactions online, from the comfort of their own home, 24 hours a day, 7 days a week. Online banking allows customers to make transfers, check balances, even pay their bills online, all with a few clicks of the mouse and no waiting. Spencer (2005) offers online banking as one of twenty-four ways to simplify a consumer's life. Offering online banking, as well as ensuring customers know how to utilize the service, not only alleviates lines in the bank lobby,…...

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References

DeMarco, D. (Sept 2004). Self-serve revolution: Touch screens speeding things up for customers. World and I, 19(9). Retrieved July 21, 2005, from InfoTrac database.

Spencer, a. (Jan 2005). 24 ways to simplify your life. Cosmopolitan, 238(1). Retrieved July 21, 2005, from InfoTrac database.

Long lines in a bank lobby

Proposition 37 from the standpoint of its impact on California businesses. Is it pro-business or anti-business? What specific advantages does it have? what, if any important benefits does it provide for California? Do they outweigh the costs or inconveniences that they may create?
California is the largest food producer in the United State, and therefore the world. The farmers in the central valley grow mostly vegetable crops, but there is a fair amount grain grown also. Because California farmers grow in an area which is arid and has a propensity for attracting a large number of pests, they have used foods that are sometimes genetically altered to ensure a crop that will produce a fair yield. These genetically altered crops may have adverse health effects which are not apparent in advertising by manufacturers.

The proposition, as it is written, would seem to be anti-business because it takes a significant advantage away from…...

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References

Baertlein, L., & Gillam, C. (2012, Aug 16). Prop 37: California GMO fight pits big food against activists. Huffington Post. Retrieved from  http://www.huffingtonpost.com/2012/08/17/prop-37-california_n_1791555.html 

Dodrill, T. (2011). California banking laws. Retrieved from http://www.ehow.com/facts_7695103_california-banking-laws.html

Huff, E.A. (2012). 37 reasons why prop. 37 must pass. Retrieved from   mlhttp://www.naturalnews.com/037247_Proposition_37_California_label_GMOs.ht 

Santander is in the global banking industry. Based in Spain, Santander has operations in Europe and Latin America primarily. The current conditions for the banking industry in Europe are challenging, on account of a number of different factors. The euro crisis is perhaps the biggest issue facing the banking industry in Europe, and all European banks are exposed. Santander's exposure is thought to be relatively low as the company is well-capitalized, but some of the solutions to the problem that have been proposed would apply to all European banks, reducing the profitability of Santander if it were to face a situation where it had to increase its capitalization (AFP, 2011).
Beyond the euro crisis, the banking industry is facing a number of other challenges as well. Economic growth, particularly in Europe, is sluggish. This has the affect of reducing loan demand, creating an uncertain earnings environment (Putnis, Stimpson & Marais, 2011).…...

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Works Cited:

AFP. (2011). Santander bank chief slams EU crisis plan. EU Business. Retrieved December 7, 2011 from  http://www.eubusiness.com/news-eu/finance-economy.cyg 

The Economist. (2011). Third time's a charm? The Economist. Retrieved December 7, 2011 from  http://www.economist.com/blogs/freeexchange/2010/09/basel_iii 

Penty, C. (2011). Santander Latin America strategy stalls with Colombia sale. Bloomberg. Retrieved December 7, 2011 from  http://www.businessweek.com/news/2011-12-07/santander-latin-america-strategy-stalls-with-colombia-sale.html 

Putnis, J., Stimpson, A. & Marais, T. (2011). European banking industry outlook. SNL Financial. Retrieved December 7, 2011 from http://www.snlcenter.com/eurobankoutlook/default.asp

...other corporations and liailities etween financial institutions" are not covered in this scheme.
There are restrictions within the framework of this scheme in that each individual, small usiness or community organization will e ale to make "only a single claim against the scheme for each failure of a financial institution..." with all claims that are "relevant" eing aggregated. Third parties will excluded from assessing the scheme to avoid a conflict of their rights under the law for making claims against the insured with life insurance policies that recognize the eneficiary ownership rights just as they are recognized under the laws that presently exist. There is a proposed 28 days grace period so that policyholders are ale to find replacement policies. In the area of deposits "monetary limits would cap the cost of the scheme." (Council of Financial Regulators - Failure and Crisis Management in the Australian Financial System, 2006) Claimants will…...

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bibliography/2005/diab2005.pdf#search=%22Australia%20explicit%20deposit%20insurance%3A%20advantages%20-%20disadvantages%22.

Chai, Jingqing, and R.B. Johnston. 2000. An Incentive Approach to Identifying Financial System Vulnerabilities. Working Paper WP/00/211. International Monetary Fund.

Cull, Robert, Lemma W. Senbet, and Marco Sorge. 2001. Deposit Insurance and Financial Development. Policy Research Working Paper no. 2682. The World Bank.

Demirguc-Kunt, Asli, and Enrica Detragiache. 2001. Does Deposit Insurance Increase Banking System Stability? An Empirical Investigation. Policy Research Working Paper no. 2247. The World Bank.

LaBrosse eds (2005) the Role of Deposit Insurance in Contributing to Financial Stability: A Global Perspective (nd) International Association of Deposit Insurers (IADI) Online available at  http://www.iadi.org/html/App/SiteContent/Speech%20Nigeria%20Final%20%2015092005.pdf

worked in the banking industry as an administrative assistant. Extrinsic rewards are those external rewards that motivate behavior (Cherry, 2014). For this job, the extrinsic rewards to take the job and keep the job included a pay package and a range of benefits. There were medical and dental benefits, for example. The pay package also included a bonus, which was based on the operation's total sales volume. I received a percentage of sales as part of my package, which was designed to help me want to contribute to the success of the organization.
Intrinsic motivation is a little bit trickier. Psychologists understand intrinsic motivation as when someone engages in a behavior for the rewards that they believe they will reap. There is no external force that promises these rewards; they are simply what the person believes he or she will get for that behavior (Cherry, 2014). For me, this job…...

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References

Cherry, K. (2014). What is the difference between extrinsic and intrinsic rewards? About.com. Retrieved August 16, 2014 from  http://psychology.about.com/od/motivation/f/difference-between-extrinsic-and-intrinsic-motivation.htm

isk Management Strategies for Developing Countries
The Basel Accords are among the most influential but misunderstood agreements in today's global finance. Developed in 1988 and 2004 (Deventer & Imai, 2003), Basel I and II have brought in a new era of international banking collaboration. Through quantitative and technological requirements, both accords have assisted balance banking regulation, supervision and capital adequacy requirements across the 11 nations of the Basel affiliates and many other developing market economies. Even when the Basel Accords have been used correctly and completely, neither agreement has, properly secured long-term stability within the country's banking industry.

The Basel Committee established Basel I and 11 to reduce credit risk via the minimum specifications of capital of banking institutions. Worldwide operating financial institutions are required to maintain most moderate amount of money based on a percentage of risk-weighted resources. Compared with Basel I, Basel II, which was released initially in 2004, had…...

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References

Deventer, D.R., & Imai, K. (2003). Credit risk models and the Basel accords. Singapore [u.a.: Wiley.

Dewatripont, M., Rochet, J.-C., Tirole, J., & Tribe, K. (2010). Balancing the banks: Global lessons from the financial crisis. Princeton, N.J: Princeton University Press.

Marketing in the anking Industry
Prescott Valley, Arizona

Abridged Literature Review

Reflective

Annotated ibliography

While there are many industries in the world that are growing at a rapid pace, one of them is exceedingly doing well. This is because it relies upon the monies and funds of its customers and greatly influences the other industries as well. This is the banking industry. Although a common part of every consumer's life, the banking industry has been growing and developing globally. To understand such growth, the attention instantly goes to the strategic and marketing techniques that have been applied by the people of this industry. Therefore, to gain a thorough and concise outlook of the marketing wonders that have continue to enable the banking industry to succeed at all fronts, the research topic that has been proposed for this research paper is 'marketing in the banking industry'. This topic will not only aid in understanding the marketing…...

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Bibliography

Berger, A.N. (2003). The Economic Effects of Technological Progress: Evidence from the Banking Industry. Journal of Money, Credit, and Banking, Volume 35.

Chaneta, D.I. (2010). Marketing: Packaging and Branding. Journal of Comprehensive Research, Volume 8, 19-30.

Flaunet, M. (2012). Banking Industry Challenges. Retrieved from Deloitte:  http://www.deloitte.com/view/en_LU/lu/industries/banking-securities/banking-industry-challenges/#.UlTYD9KBlac 

Jr., G.P., & Hoskins, L. (2006). The Case for Market-Based Regulation. Cato Journal, Vol. 26, No. 3, 469-487.

Usury
The definition of usury has evolved over time. The basic premise is that a lender charges a rate of interest that is too high. Today, the standard for usury is defined in law, but initially the practice had no formal definition. Usury was traditionally banned in Christian society, has been criticized in Indian texts, and remains banned in Islamic society. Islamic banking, for example, requires that the lender either earn money from fees, or more commonly the lender exchanges the financing for an equity share, so profit-sharing, as a means of earning money without charging interest (IIBI, 2015)

During the time of King Henry VIII, usury was defined as charging interest. The idea of paying interest was new at the time, as a means of compensating the lender for the risk associated with lending. Interest, however, was not a common concept at least in England before this time. As a result,…...

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References

IIBI (2015). Islamic banking. Institute of Islamic Banking and Insurance. Retrieved December 2, 2015 from http://www.islamic-banking.com/prohibition_of_interest.aspx

Investopedia (2015). Definition of usury. Investopedia. Retrieved December 2, 2015 from  http://www.investopedia.com/terms/u/usury.asp 

Perry, M. & Schweitzer, F. (2002) Antisemitism: Myth and hate from antiquity to the present. Palgrave MacMillan: New York.

UK anking Services
Use Michael Porter' diamond model to determine the specific sources of national competitiveness that have boosted/hindered the success of UK banking product/service's?

Factor conditions

Demand conditions

Related and supporting industries

Firm strategy, structure, and rivalry

Government

Chance

Suppose you were the international marketing manager of a UK bank, what would you recommend to your government on how it could boost the elements of competitiveness?

Technological growth

Expanse in the market

Study of the mechanisms of production

Influencing merger options within the diverse market

Appreciating change in the organization

Discuss which international trade theory best explains the pattern of international trade development in UK banking and why

ibliography

Abstract

anking is a lucrative activity that must be understood to have varying avenues of performance in the world. The UK anking services organization has an expanse of services that have been beneficial to many businesses and monetary exemplifications in the world. With this regard, this report has explored on the existence and significance of the UK…...

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Bibliography

Buckle, M., & Thompson, J. (2004). The UK financial system: theory and practice.

Manchester [u.a.], Manchester Univ. Press.

Great Britain. (2011). The Government response to the Independent Commission on Banking.

London, Stationery Office.

It was irresponsible for banks to operate from a position of absentee management, and the careless ownership enabled reckless conduct from their "agents" who ran the day-to-day operation. While some blame must be placed on the public for continuing to spend at outrageous rates, the bank itself promoted and enabled such activity. Blankfein's argument that no one had been arrested is irrelevant since the issue at hand is whether the financial industry was responsible, not whether bank officials should be arrested. Banks made profound miscalculations concerning interest rates and loans, and should have been aware that their business practices were not feasible toward long-term success (Murphy).
Issue 7 places the theories of authors oger Lowenstein and obert Samuelson against one another. Lowenstein contends that government should bail out economic institutions; however, he does not argue that bailouts are necessary in order to assist the careless companies, but instead asserts that…...

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References

Newton, L., Englehardt, E., & Pritchard, M. (2012). Taking Side: Clashing Issues on Business Ethics and Society. New York: McGray Hill.

Murphy, a. (Nov. 4, 2008). An analysis of the financial crisis of 2008: Causes and solutions. SSRN. Retrieved from  http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1295344 .

Andrews, E.L. (2008, Oct. 23). Greenspan 'shocked' that free markets are flawed. International Herald Tribune.

shadow banking system, its role in the subprime mortgage crisis, and failures of regulation within the shadow banking system. The term "shadow banking system" was coined by PIMCO's Paul McCulley in 2007 (Spanos, 2012) and refers to a banking system that includes financial intermediaries that are involved in creating credit across the global financial system, whose functions are not subject to regulatory oversight (Investopedia, 2012). The question has been debated as to whether shadow banking meets the definition of true banking. Given that the two systems perform similar functions, including credit intermediation and maturity transformation, the two should be considered parallel systems (Noeth and Sengupta, 2011).
The term shadow banking is used to describe any provision of credit taking place outside of the traditional deposit-funded lending system. This definition includes institutions that range from pawnbrokers and consumer finance companies to securities dealers as well as firms that issue corporate bonds.…...

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Reference List

Armstrong, R., 2010. Q+A -- Regulating the shadow banking system. Fox Business. [online] Available at: [Accessed 20 April 2012].

Beckworth, D., 2010. "Deposit insurance" for the shadow banking system. [online] Available at: [Accessed 20 April 2012].

Drum, K., 2012. The shadow banking system speaks: It's not time for austerity yet. MotherJones. [online] Available at: [Accessed 20 April 2012].

Hsu, J. And Moroz, M., 2009. Shadow banks and the financial crisis of 2007-2008. Research Affiliates LLC. [online] Available at: [Accessed 20 April 2012].

1. The Dark Side of Business: Unethical Practices in the Corporate World

2. The Ethics of Exploitation: Uncovering Unethical Practices in the Modern Workplace

3. Unmasking Unethical Behavior: A Closer Look at Fraud and Corruption in Business

4. Ethics vs. Profit: The Impact of Unethical Practices on Companies and Society

5. Whistleblowing on Unethical Practices: Exposing Wrongdoings for the Greater Good

6. The Slippery Slope of Unethical Behavior: How Small Transgressions Can Lead to Larger Issues

7. The Role of Ethics in the Digital Age: Addressing Unethical Practices in Technology

8. From Enron to Volkswagen: Case Studies of Unethical Practices and Their Consequences

9. Unethical Practices in Healthcare:....

1. The impact of supply and demand on interest rates in HSBC Bank
2. The role of elasticity in determining pricing strategies in HSBC Bank
3. The concept of opportunity cost in investment decisions at HSBC Bank
4. The influence of market structure on competition and pricing in HSBC Bank
5. The effects of government regulation on the banking industry and HSBC Bank specifically
6. The relationship between marginal utility and consumer behavior in the banking sector, with a focus on HSBC Bank
7. The concept of economies of scale and how it applies to HSBC Bank's operations and growth strategies
8. The principles of cost-benefit analysis....

Microeconomic Analysis of HSBC Bank

Introduction

HSBC Bank is a global banking and financial services corporation headquartered in London, England. As one of the largest banks in the world, it operates in over 60 countries and territories, offering a wide range of financial products and services to individuals, businesses, and governments. This essay will focus on microeconomic concepts that can be applied to analyze HSBC Bank, with specific examples and insights.

Market Structure

One important microeconomic concept to consider is market structure. HSBC Bank operates in a highly competitive global banking industry. It faces competition from numerous other large banks, as well as smaller....

The LIBOR scandal of 2012 was a significant event that shook the financial industry and raised questions about the integrity of the global financial system. The scandal involved the manipulation of the London Interbank Offered Rate (LIBOR), a key benchmark interest rate used in financial markets around the world.

The LIBOR scandal came to light when it was revealed that several large banks, including Barclays, had been submitting false reports to manipulate the LIBOR rate to benefit their trading positions. This manipulation had far-reaching effects, as LIBOR is used to determine interest rates on trillions of dollars worth of financial products,....