The banking crisis in Europe: Deutsche Bank is just the tip of the iceberg
The banking crisis in Europe is gaining momentum. And although the facts of this destructive process are hidden, more and more moments become visible to others. This was particularly vividly…

Continue reading →

World banking systems
In world practice there are the following banking systems: 1) two-level: 1st level - Central Bank, 2nd level - commercial banks; 2) a decentralized banking system of the United States…

Continue reading →

money circulation

Types of bank card fraud

A lot of citizens today have a bank card – debit or credit, or both. However, bank cards are a fairly new phenomenon in Russian reality, and one hundred percent protection against stealing money from them has not yet been invented. Banks are constantly complicating the protection of cards, but fraudsters, in turn, come up with how to get around it. If you are a holder of a bank card, then it is useful for you to find out about the types of bank card fraud in order to protect yourself from trouble. Continue reading

Bill circulation in the bank

Bill circulation exists in the economic life of various countries for several centuries. During this time, considerable experience has been gained in the use of bills of exchange; there are various versions of these securities.
None of the instruments of the financial market, except, of course, the money itself, in all the numerous manifestations of their economic functions, can be compared in its history and value with a bill. It was the development of circulation of bills of exchange that depreciated all cash payments: the displacement of metals – gold and silver from money circulation, the replacement of exchange circulation equivalents with paper symbols. Continue reading

Questions to ask a banker before investing
A private bank, managing other people's assets rarely takes a large commission. Often we are talking about 1-2% per annum of the size of the assets. The proposal looks tempting,…

Continue reading →