Banker

I am writing to enquire whether you have any vacancies on your strategic board for someone of my talents. I realise that it is a little unorthodox to apply ‘on spec’ for such a high-ranking position within your organisation, but I believe I have the necessary skills to further increase the profits and assets of Big Bank Plc. In this letter I will attempt to demonstrate my knowledge of the challenges and opportunities in our marketplace.1) Who are our customers?I understand that our most lucrative customers are those with the least awareness of financial matters; indeed, the less numerate they are, the better. Rather like the dear old PM, in fact.If they don’t know the difference between APR and AER, if they fail to read the small print in their credit contracts - not that it matters,

When I was reading some books for my trip to Cancun I came across the following story. I had read it previously and it has been around for many years but I like it so I decided to share it for those of you who haven’t read it yet. The American investment banker was at the [...]

Wealth-Bulletin.com Police in Brazil have arrested a Credit Suisse private banker in connection with a money laundering and tax evasion probe involving the Swiss bank, according to various press reports. Christian Peter Weiss was arrested in Rio de Janeiro for allegedly operating an illegal money transfer scheme. The Swiss banker will be charged with money laundering, tax evasion, fraudulent banking and operating without a banking license, among other things, according to a statement released by the federal prosecutor’s office in Brazil. A number of other Credit Suisse employees and former employees have also been arrested in connection with the case, said a Reuters report. The arrest is part of a probe by the Brazilian authorities called “Operation Switzerland” and

As an entry-level investment banker, you will be somewhat constrained in your attempts to find a marriage partner. With about 5 hours of free time per week, your options are limited to a) office romance or b) importing a husband/wife. Neither is great, but b) is probably better from a career perspective.

The tour led roughly 20 participants to 13 homes in communities throughout the region, including Ross, Coraopolis, Robinson, Mount Lebanon, Penn Hills, Verona and Pittsburgh's West End. Ben Hess, a Coldwell agent who specializes in selling foreclosed properties for lender Fannie Mae, said about 60 percent of the people on the bus tour were investors looking to rent or flip property. The remaining participants planned to occupy the homes themselves, he said. "We have been just swamped with inquiries" from lenders interested in selling their foreclosed homes, Hess said. This week has been particularly busy, Hess said, because Allegheny County held its monthly sheriff's sale on April 7.

Commentary: There’s growing confidence in a Wall Street revival By David Weidner, MarketWatch Last Update: 12:01 AM ET Apr 3, 2008 NEW YORK (MarketWatch) — Ben Bernanke emerged Wednesday from a long winter holed up in the Federal Reserve. Reports suggest he saw his shadow by offering an assessment that the economy will shrink. The Fed chairman cast doubt on what [...]

Over recent weeks the words ‘credit crunch’ have been all over the financial headlines, and the effects of the turmoil that has hit the financial markets have been reflected in a number of ways, affecting both financial institutions and consumers. The credit crunch was sparked as a result of the housing slump, rising interest rates, and [...]

CHICAGO – Tucked surreptitiously at the way-way-way-off-Loop location of the Prop Thtr – Chicago’s oldest-surviving non-equity theater in the area – the signature that is “Ceres” is its high-octane energy. The cast act in harmony much in the same way as the “X-Men” character Juggernaut: once their momentum is synthesized, it can’t be stopped. The theme is carried consistently from the instant “Ceres” lights up all the way through its curtain call. All throughout the middle, The Factory Theater troupe allows theatergoers to feel like privileged voyeurs in the lions’ den of high-volatility investment brokers who crook all their rules, loyalties and ethics in order to make the coveted sale. Gretchen Carter as Ivy in the Chicago production of “Ceres”.Photo credit:

Timothy F. Geithner, the 9th president of the Federal Reserve Bank of New York and the Vice Chairman of the Federal Open Market Committee (FOMC), is Wall Street's banker of last resort - In more ways than one. In addition to the NY Fed's routine open market operations of buying and selling U.S. treasuries, Geithner is playing an increasingly critical role in setting the Fed's emergency response

The Vietnamese Government’s recent measures to contain inflation will be effective in the long term, said Mr. Ayumi Konishi, Asian Development Bank’s country director for Viet Nam, in a lecture at Singapore’s Institute of Southeast Asian Studies. Mr. Konishi said the market reacted sharply right after the State Bank of Viet Nam raised compulsory reserve and interest rates for the commercial

Book Description ISBN-047139906X Power . . . Personality . . . Paradox When Alan Greenspan talks, Wall Street listens–as do bankers, investors, politicians, and economists throughout the world. He is the number one arbiter of U.S. monetary policy–credited, as Chairman of the Federal Reserve, with having simultaneously held inflation down and kept the economy growing throughout the [...]

Alan Shrugged: Alan Greenspan, the World's Most Powerful Banker 格林斯潘:世界上最强大的银行家# Author:Jerome Tuccille# Format:PDF 1.1MB# Page Count: 302 pages# Publisher: Wiley; 1 edition (August 16, 2002)# Language: English# ISBN-10: 047139906X# ISBN-13: 978-0471399063As the book's title suggests, Alan Greenspan, chairman of the U.S. Federal Reserve, is probably the world's most powerful financial figure. Tuccille, a financial writer and biographer (Rupert Murdoch; Trump), covers Greenspan's life from his 1926 birth through early 2002. He recounts Greenspan's close relationship with his mother after his parents' divorce, his two marriages, and his affinity for both mathematics and music. Although he played jazz professionally, Greenspan chose to follow his mathematical side

You may recall Joe, 54, married, two kids, one dog, successful business owner dreaming of retirement in New Smyrna, Florida. Review the previous article titled “Eat at Joe’s IRA’s Bar and Grill” for the full story of Joe’s IRA’s purchase of a business. Joe had found, after opening his IRA’s last mutual fund [...]

21 Feb 2008 - Here is an interesting forum thread from Wall Street Oasis on whether a banker should marry another banker.  It contains some really interesting perspectives and is worth a read through.

All the senior bankers do their planning for the next week on Friday at 4 PM. Suddenly, they'll remember those Monday/Tuesday meetings they had planned the whole week but somehow forgot to tell you about. And the pitch or board presentation on Tuesday that they also conveniently forgot to tell you about.

The Walt Danley Group of Coldwell Banker Residential Brokerage in Arizona was named among America’s top real estate professionals by The Wall Street Journal, REAL Trends and lore Magazine. They are now members of “The Real Estate Top 200,” a prestigious national awards ranking sponsored annually by the three respected publications.The Real Estate Top 200 rankings were announced this month at the National Association of Realtors’ (NAR) Annual Conference & Expo in Las Vegas at a gala awards presentation and dinner.

As we know,Costa Rica is a very beautiful country situated near the famous Carribean Sea.Some people even called it the ''switzerland of america'' because of the chilled life and the abandon of ecology beauty in it.Enchanting natural rainforest,unbelivably beautiful mountain,countless virgin beaches and thousands of species of plants and other animals,birds persuaded its discoverer,Christopher

Радость от покупки акций госбанков, которую испытывали в начале года российские граждане, участвовавшие в народных IPO, сменилась горьким разочарованием. Группа миноритарных акционеров банка ВТБ объединилась в ассоциацию и написала письмо премьер-министру Виктору Зубкову. В случае необходимости они готовы требовать ответа даже (!) от президента страны. Акции еще одного народного банка тоже падают. Наш Банк России до конца года скорее всего повысит учетную ставку (кредиты точно... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Радость от покупки акций госбанков, которую испытывали в начале года российские граждане, участвовавшие в народных IPO, сменилась горьким разочарованием. Группа миноритарных акционеров банка ВТБ объединилась в ассоциацию и написала письмо премьер-министру Виктору Зубкову. В случае необходимости они готовы требовать ответа даже (!) от президента страны.Акции еще одного народного банка тоже падают.Наш Банк России до конца года скорее всего повысит учетную ставку (кредиты точно подорожают).За все это, в День благодарения, поблагодарим америк

So what if the Kruelbergs and Blunderstones of this world are finding it hard to get the kind of cash from their investment banks that they did just a few months ago. It’s an investment banker’s duty to try and then to try harder. Prepare pitches, present profiles, think in the box, out of the box, around the box – whatever it takes to get that damn tombstone. It has to be said,however, that

Margaret Carole Fisher was charged in a one count information with aiding and abetting mail fraud, resulting from a scheme to defraud home owners, lending institutions and title companies, in which Fisher participated from at least Spring, 2002 through December, 2004.  After pleading guilty to the one count information, Fisher was sentenced to 6 months in prison followed by 3 years supervised release. Fisher will report to serve her sentence in …Read More...

25 Year Old Beauty Seeks Rich Banker 05/10/2007 following exchange took place on Craigslist - don’t misss investment banker's response 'What am I doing wrong?’ Okay, I’m tired of beating around the bush. I’m a beautiful (spectacularly beautiful) 25 year old girl. I’m articulate and classy. I’m not from . I’m looking to get married to a guy who makes at least half a million a year. I know how that sounds, but keep in mind that a million a year is middle class in New York City, so I don’t think I’m overreaching at all.Are there any guys who make 500K or more on this board ? Any wives ? Could you send me some tips ? I dated a business man who made an average of around 200 - 250K. But that’s where I seem to hit a roadblock. $250,000 won’t get me to Central Park West. I know a woman in my yoga class who was married to an investment banker, and lives in Tribeca. She’s not as pretty as I am, nor is she a great genius. So what is she doing right ? How do I get to her

When the Nobel Peace Prize was awarded in 2006, some one would have surely asked what has the awardees - Mumhammad Yunus & Grameen Bank , done for World Peace. But Nobel Peace Prize committee rightly reasoned out that this Banker to the Poor has showed that alleviating poverty creates a world without conflicts - the real Peace. He showed to the world that MicroFinance or just giving access of credit to the poor could do a lot of wonders in reducing poverty. I never tried to understand "Micro finance" then because Finance was and still is out of my boundaries:). But when my intelligent peers at IIM Indore would throw questions about micro finance to all the finance company executives who visited the campus, i thought it as a business enterprise rather a social enterprise. But "Social Entrepreneurship" course, i am taking in Northeastern University not only changed my views but also made me to appreciate the efforts of this Nobel Peace Prize Winner. He has now entered the elite li

Former real estate paralegal and SoftPro trainer Karen Lyle has joined the real estate sales team at Coldwell Banker Howard Perry and Walston Crabtree. She earned her bachelor’s of arts in communication with public relations concentration from N.C. State University and her paralegal certification at Meredith College.

So, the jury is out. You’ve been running around the bank, asking everyone where they thought you would be in ten years’ time. A great strategy, you thought to yourself, given the fact that you don’t have a clue as to what you will be doing and who you will be doing it for. After all, investment bankers are the some of the 9self proclaimed) best brains around - the best and brightest – the

In the past two months, U.S. private-equity giant Blackstone Group has been involved in two major Chinese deals, advising a government lender on a deal to buy a stake in Barclays PLC, and selling a $3 billion stake in itself to Beijing. A big player in Blackstone’s China push is Antony Leung, a longtime investment banker for Citigroup Inc. and J.P. Morgan Chase & Co. Read Original Post Here

As head of China Minsheng Banking Corp., China’s eighth-biggest bank by assets, Eddie Wang is trying to give his customers something different: more personal attention. Last year, the 58-year-old came out of retirement to become only the second person who didn’t come up through the mainland banking system to become president of a domestic Chinese bank. Read Original Post Here

You wake up all hyped this fine morning, as a revelation passes in front of your eyes. You don’t need to have Rupert by the cojones in order to make your way up the firm’s structure. We live in efficient markets, as you discovered on your coffee break, and there seems to be little you can (legally) do to go round that fine point. But hey, as with all rules, there are even finer ways of twisting

It looks like Tyra has banked herself a banker. The model-turned-TV-host certainly doesn't need a man for his money - but it doesn't hurt. We hear Banks is friendly with John Utendahl of Wall Street's Utendahl Capital Partners. Because when you're a handsome, 6-foot-3 investment banker, why wouldn't you be dating a supermodel? We hear the relationship is part of the reason "The Tyra Banks Show" has announced plans to move from Los Angeles to New York City. Reps for Banks and the banker did not return calls yesterday. ________________________________________________________________________________ HOUSE OF GLITZ: ALRIGHT NOT, BAD,, NOT BAD!!!

Commercial real estate, private money loans also know as hard money and or bridge loans are becoming more prevalent as borrowers enjoy less red tape, quicker closings and more “common sense” underwriting than conventional financing provides. Typically though, borrowers still relay on this type of financing as an option when conventional sources are not available. The increased speed and flexible underwriting comes at a steep price with interest only rates often in the teens, 3- 6 points being the norm and loan terms being relatively short at 12 – 36 months. Why would owners pay such high fees/rates? In short, because it makes sense for them based on their current situation. Below are examples of transactions where it made sense for our borrowers or go the hard money route. Grand Rapids. Small office building that was previously used as the owners business headquarters. The owner wanted to move his business out and convert the property into a multi-tenant building (investment prop

With the increasing prices due to inflation, sometimes, it is not a good idea anymore to put your money in the bank and let it earn the small interests that are often offered by financial institutions. You can actually keep your own money and invest it in worth while projects that will earn more interests. But, there are people who just can not keep their money no matter how much they want to.

The Piggy Banker is a nice blog totally focused on the money market. It's purpose is to help readers in save money. The site is divided in six main category: Best Savings, Best CD Rates, Bank Deals, Credit Cards, Money Market and Local Rates (sections are accessible by the the bar under site title). Thought the right menu you also can find other relevant information: a huge list of bank reviews and personal finance reviews are listed. A very nice section that can help you to understand this... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

I have bad news and good news for you. The bad news is find the good financial consultant with cheap price is very hard. Expert and professional financial consultant must have very high fee. And the good news is there is good website that provides financial consultation freely. It is the Piggy Banker, a well-know reputation site for investment and financial information. You can see the list of

Have you heard of ThePiggyBanker.com? Well, basically "ThePiggyBanker.com" an online resource for the best CD rates / highest CD rates", "best money market rates", "savings accounts rates", "credit cards deals", and "bank promotions"! And currently, ThePiggyBanker.com is running a "$50 blog giveaway"! Before we go into the "$50 blog giveaway". Let me first feature FNBO Direct to you. Currently, FNBO Direct is offering a promotional 6.00% APY savings rates on all balances until September 28, 2007, upgraded from it's initial 5.25% APY savings accounts rates. This is one of the "highest CD rates" as well as "savings accounts rates". So, if you're seeking a good place to store some money at a high interest rate while maintaining liquidity, well, look no further... For more details, please do visit FNBO Direct! Okay, now about the "$50 blog giveaway". Well, this is basically a "$50 blog link contest" conducted by ThePiggyBanker.com, taken from the pages of John Chow's playbook over at Jo

Blackfriars bridge is stop number 5 on the walki-talki.com tour of London. In 1982, it was the site of a ghastly death. This week, five men accused of the murder were cleared of the crime in Rome. The court found insufficient evidence to convict the accused. Surprisingly, the first inquest in the UK concluded that Mr. Roberto Calvi, a troubled Banker living in Canada, had decided to commit suicide by hanging himself from Blackfriars Bridge one early morning. Well, whatever the truth may be, as you wander about Blackfriars Bridge, feel free to wonder whether this was a suicide or a murder. Or whether the Mafia is reality or entirely the figment of the active imagination of people like Mario Puzzo and Francis Ford Copola. Payam Photo by Bruno Girin.

I recently came across this story on The Anthropik Network, and I think it succinctly illustrates some of the most fundamental distinctions between a hunter-gatherer lifestyle and the cultural "work ethic" that pervades the modern global society.An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.The Mexican replied, "only a little while."The American then asked why didn't he stay out longer and catch more fish?The Mexican said he had enough to support his family's immediate needs.The American then asked, "but what do you do with the rest of your time?"The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar wi

Richard A. Maize, 53, Beverly Hills, a West Los Angeles, California mortgage banker, was charged by information and agreed to plead guilty to federal criminal charges in a massive mortgage fraud scam that caused more than $18.5 million in losses to banks, including his former employer. Maize, a co-founder of Americorp Funding, a mortgage banking company with offices in West Los Angeles and Pasadena, was charged with …Read More...

Where do you find the Highest CD Rates ?Where can you find the FNBO Direct online saving account or the Best money market rates ? At the Piggy Banker.But they not only give you the best CD rates, savings accounts, money market, credit cards deals, and bank promotions, they also have a 50$ contest for a blog post about them!That is why I am writing about them and the one who reads could do the same and enter the contest.What do you have to do?Just visit their website, talk about the fabulous rates of CD, Saving accounts, money market, credit card deals and bank promotions and that's all!Then you send an email with the link of your post to thepiggybanker@gmail.com and wait and hope and, if you are lucky you win, and if you are not you don't.That is life.I am used to it, I usually loose. I guess I never won anything in my life.Of course there can be just one winner and statistics usually follow certain laws, I probably do not fit in them...Think and you'll have the problem of disposa

In addition to being on the company brochure, you get asked to present in front of a group of prospective interns who are coming to visit the firm tomorrow. You get given the boilerplate firm standard slides, so you decide to make some notes to amke sure you get it right. Click image to enlarge.

After 46 years as a legal secretary, Marjorie Banker, 84, could retire. Instead, she's taking classes at the Alexandria branch of Northern Virginia Community College to become a paralegal. Banker has no intention of slowing down.When I finish these classes I hope to get a job as a paralegal; they have much more responsibility. They go with the attorney and if the attorney's absent, the paralegal can actually speak for them. Also, I just need something to do and someone to converse with whose interested in the same things I am.Go Marjorie!

The rapid evolution of banker Trojans is largely due to the use of additional security measures by financial institutions, such as the virtual keyboards now used to prevent traditional keyloggers recording users’ keystrokes. Banker Trojans designed to steal financial information are evolving rapidly. One recent example, the StealAll.A Trojan, injects a DLL in [...]

US online security services firm Panda Software says 20% of all Trojans it detected in 2006 were designed to steal financial information, and the malware is evolving into more dangerous forms. The rapid evolution of banker Trojans is largely due to the use of additional security measures by financial institutions, such as the [...]

The eighth annual Asian Banker Summit was officially opened on Monday in Jakarta, participated by banking leaders from Asia, Europe, the United States and Australia. Over 500 banking professionals from more than 24 countries exchange ideas on regional and global issues at the three-day summit, said the Indonesian Bank's Association chairman Sigit Pramono. On Sunday, the bankers already discussed the models and strategies for commercial banks in micro banking and strategies for improving profitability from microfinance initiatives, said Sigit. It also looked at identifying markets and developing products for micro banking, and challenges in taking it to the next level of maturity, he said.

A WEST Australian man has been charged after allegedly defrauding a Sydney couple of nearly $2 million by posing as a bank representative. The 49-year-old man allegedly took $1.87 million from a married Sydney couple in 2001, while posing as the president of a Sydney bank. He was successfully extradited from Western Australia [...]

In the following press release United States Attorney Catherine L. Hanaway announced that Rose A. Shaw was indicted last week on multiple mail and wire fraud charges, along with a forgery charge alleging that she signed a judge’s name on a bankruptcy document.According to the indictment, Shaw received monthly social security disability payments from January 1985 thought March 2006 by falsely claiming on the applications that she was mentally retarded and suffered from schizophrenia. The total amount of these benefits was approximately $153,000. The indictment states that during this time, Shaw was employed as a mortgage banker under the business name of Rose Shaw Enterprises, LLC and Shaw Brokerage Real Estate Investment Firm, LLC.In count five of the indictment, it is alleged that on August 25, 2005, Shaw forged the signature of Chief United States Bankruptcy Judge Barry Schermer on a bankruptcy document.In December 2005, Shaw applied for a loan to purchase #10 Hansen Manor, St.

Walking into a bank for a business loan without any documentation is the quickest way to get turned down for a loan. And it is not surprising that a high percentage of potential business loan wannabes simply are unprepared to deal with what the bank needs to see when you apply. When you visit your banker, he or she will need to have documentation for the specific dollar figure you are requesting a loan for, as well as a very detailed report of exactly what you are doing with the money, and why you feel that amount is neccessary. Your banker will also ask for a projection of when you feel you can realistically pay back the loan, how often you will make payments, and how much you plan to pay on a monthly basis.  You will also need to offer financial history for your company (balance sheets, profit and loss statements) for at least the previous three years, if it is an established company. If this is a start-up business, you will need to have a concise and detailed business pl

As you sit in the 9th floor corner conference, gazing blankly at the people leaving their offices at 5PM in the streets below, with the speaker phone blasting out the sharp, jargon loaded bankerspeak, of an MD from the New York office, you think back at the days when you were still applying for a slice of the action you are so deeply plugged into now (or is it plugged into you - you can't ever

It’s the weekend, and by some stroke of luck, you have managed to get your Sunday afternoon free. Nobody’s called you and no emails popped up on your blackberry for a full three hours (you actually called IT and got them to make sure that everything was ok with the company server and that all that important email traffic from your associate wasn’t getting clogged up somewhere between his

The business of banking has changed dramatically over the last decade. Because the cost of doing business the old-fashioned way is no longer effective, banks are interested in changing their customers' behavior by encouraging electronic banking alternatives whenever possible. They have done this by charging high fees for services that were once free. If you pay $200 or more in annual fees for

Speaking before the Senate banking committee, Federal Reserve Chairman Ben Bernanke made a few comments on US education. We need to make sure that the gains and benefits of these powerful growth-producing forces are broadly shared," he said. In particular, "we're probably not doing what we should be doing in terms of ensuring that all children have opportunities to learn math and science and the

{mosgoogle right}TOKYO (AP) -- Japan's interim central bank chief vowed Friday not to let the absence of a governor hamper the country's economic and financial activities while another central bank official said the economy is slowing down "sharply."The Bank of Japan has no governor after the opposition controlled upper house of the Diet rejected two government nominations in a row, saying they were too politically connected as former Ministry of Finance bureaucrats to uphold the c [...]

PBDP is a fast track program for the next generation of Citibank Branch Relationship Manager and Branch Leaders. The program is designed to develop high caliber, first class branch relationship manager with financial advisory skills by providing them with practical hands-on orientation. This program offers graduates an opportunity to develop their potential sales skills through [...]

{mosgoogle right}ASAHIKAWA, Hokkaido -- A banker was arrested over the weekend after dressing up as a woman and using a women's public toilet because he wanted to "look like a weirdo," according to police.Tsukasa Okazaki, 45, the banker from Monbetsu, Hokkaido, was arrested for trespassing. He admits to the allegations."I wanted people to see me as some sort of weirdo," he told the police.Police said Okazaki was wearing a women's sweater and trousers and had m [...]