Now anytime someone says “Goldman Sachs,” you know something bad happened. What may be the biggest financial scam in history. Two former Goldman Sachs bankers and a fugitive Malaysian financier have been charged over the alleged plunder of billions of dollars from Malaysia’s State Development Fund. Malaysia prosecutors filed criminal charges against the bank and
Fractional Reserve Banking vs. 100% Reserve Banking What is the difference between fractional reserve banking and full reserve banking? How do they work? Do they have advantages and disadvantages? Is one better than the other? We hired a detective to check it out. We gave the detective $1000 to trace what happens to the money
PMC Bank: How much amount is secured with bank in Saving, FD and Recurring Which banks are insured by the DICGC? What does the DICGC insure? What is the maximum deposit amount insured by the DICGC? What is the ceiling on amount of Insured deposits kept by one person in different branches of a bank?
World Finance: Access Bank is now the largest bank in Nigeria by customer base, following its April 2019 merger with Diamond Bank. Herbert Wigwe is Access Bank’s group managing director and CEO; Herbert, why the merger? What strengths do the different brands bring to the table? Herbert Wigwe: First of all, the idea was for
Welcome to Mobile Banking from Bank of Scotland. It’s simple to pay in a cheque up to £500 using your smartphone. Here’s how. Make sure you have the latest version of the Bank of Scotland Mobile Banking app before you start. Log in to the app. Tap on the main menu. Select ‘Cheques’, then ‘Deposit
World Finance: Jordan Islamic Bank is the country’s largest Islamic finance provider. In December 2017, its CEO – his excellency Mr Musa Shihadeh – signed an agreement to establish a solar power station, to provide renewable energy to its branches. It’s a concrete example of the bank’s commitment to social responsibility and sustainability. His excellency
(playful music) – Alrighty. – What your business actually does. – Oh, they had a ball, yeah. It was their birthday yesterday too. – Oh, just got a comment that came up Carol, it looks like you’ve built a lot of change from banking with us. Do you wanna see the change? – Yeah, that’d
Yeah, I’m looking at the numbers now. You’re sure I can do this? Yeah. That’s what we’ve been planning for. [SOFT MUSIC] Thank you. [KNOCKING ON DOOR] Hey, boy. Hey. What’s up, Pop? Good to see you, man. Good to see you, too. Yeah. Looking good. This is really nice. [COMICAL STAMMERING] As if I