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Welcome to my padlet wall on global banking. This wall has 4 websites, one is on global banking schools, one is on pros vs cons, one is a educational website on global banking and the last one is a specific global banking corporation and what they offer. It also has 4 videos, one is on the future of the global banking system, one is on the current state of the global banking system, one is a brief explanation of what global banking is and lastly the final one is how the global banking creates money out of thin air. There is also 2 photos that in my opinion illustrate global banking in single photos.

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This website is the HSBC website on global banking and is in my opinion biased obviously about there company. This website gives basic knowledge on what global banking is. As well as marketing for that matter. They also give information about services that HSBC gives on banking and marketing.This website is has options to specialize in specific sectors and gives insight to each of those sectors. This website also gives solutions to each sector "tailored to meet your needs". Another thing this website has which i think is really useful is financial regulations. This is helpful because it helps the consumer get a knowledge and understanding of the financial world a consumer is about to enter. The financial regulations section is the reason i choose this website because i feel it is the most useful part about the website and most useful to a normal everyday consumer.

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Know more about Global Banking and Markets and how it can connect you to immense opportunities amidst changing global economic landscape.

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This website is great from an education point of view for a consumer to learn about global banking. For starters this website covers several areas of global banking. For example, personal finances, credit management, home ownership, security, business, and lastly retirement and investment. This is a huge asset to a new consumer to the global banking system because it gives a good over-view of many sectors of the banking system. Each area this website covers also has links with in it to further give information and strategies to further educate a consumer. It also gives a great explanation on the home page of what global banking is. The reason I choose this website is purely the education factor that this website gives to a consumer. Whether they are a beginner investor or just someone who wants to get a handle on their personal finances this website is the educational website for them.

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Perhaps it was your commute to and from work today. That lunch you ate at the food court at noon. Or the spring break ski vacation to British Columbia that you just booked last night. What do these things have in common? Most likely, they all involved global banking.

As you have undoubtedly heard by now, we live in an era of globalization. This globalization touches most everyone, including our economy and daily lives right here at home. Much of what enables this globalization to happen on a daily basis is international or "global" banking.

Let's take for instance that commute to work. Whether you drove your own vehicle, rode the bus or used UBER, Lift or a traditional taxi, there was a petroleum-powered vehicle involved. Even if you biked or walked to work, your rubber tires or the electronics in the stop/walk signal probably came from a foreign manufacturer. In all of these cases, there were goods (i.e. petroleum, rubber, electronics) that needed to be imported into the United States from a different country. As is often the case with imported commodities like petroleum and rubber, or high-tech electronics, they are typically sold using a payment instrument called a Letter of Credit. A Letter of Credit, often referred to as an L/C, is a bank letter guaranteeing that the buyer will pay the seller a specific amount of money on a specific date. Should the buyer not make payment, the bank will be required to pay the amount owed to the seller. Global banking departments issue, confirm, negotiate, and/or advise Letters of Credit on a daily basis, allowing for goods and services to be securely traded all over the world, every day.

Now think about that lunch today at the food court. Suppose you had a delicious BLT. Most likely, the lettuce and tomato made their way from industrial farms in Mexico. The produce had to be bought by a wholesaler or distributor here in the United States, paying the Mexican supplier in their local currency, the Mexican Peso. Global banking makes this transaction possible by converting the buyer's U. S. Dollars into Mexican Pesos, then sending those Pesos to the seller's bank in Mexico by means of an electronic wire transfer.

Finally, let's go skiing! But wait...British Columbia is in Canada and Canada uses the Canadian Dollar, not the U.S. Dollar. No problem. Global banking can convert a desired amount of your U.S. Dollars to Canadian Dollars on the foreign exchange currency market so that you have the correct cash in hand during your travel abroad.

In a nutshell, global banking makes it possible for the world economy to function, by being the instrument for transferring money across national borders.

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Perhaps it was your commute to and from work today. That lunch you ate at the food court at noon. Or the spring break ski vacation to British Columbia that you just booked last night. What do these things have in common? Most likely, they all involved global banking.

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This website is all about the pros and cons of the banking system. It shows all kinds of advantages and disadvantages to the banking system. This web page also has links for events going on in the financial world such as gathering and agreements. Also has news articles specific to the global banking system. There is interviews and top stories, investment and tradings as well. The main reason i choose this website though was for the pros and cons about the global banking system. This gives a quick and easy understanding to someone researching global banking what the pros and cons of the global banking system are. I think this is a good thing for someone to know about, and I felt the pros and cons were not biased for or against the global banking system.

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In order to manage our finances we look forward to a trustworthy banking network. This article attempts to provide some insight into the different banking systems and the various advantages and disadvantages.

Universal Banking
Management of public funds is a huge task, which is usually undertaken by the banking systems. The widespread banking system can be subdivided into various categories-

Commercial banking,

Investment banking,

Development banking,

Insurance & many other financial activities.

As the name suggests, the Universal bank offers solutions to most of the fund management related queries - it includes - Merchant banking, Mutual funds, Factoring, Credit cards, Housing finances, Auto loans, Retail loans, Insurance, etc.

Advantages of Universal Banking

1. One of the primary functions of Universal banking is to manage equity shares of many companies. Unlike other firms, Universal banks hold a special place within the investors' group and investors' have more faith in Universal banks than other firms.

2. Universal banks have the reputation of offering higher output and lower costs with better product and quality service.

3. Universal banks help the client take risks within their reach. Therefore, if the client is a high-risk taker, the Universal bank provides the client with investment options having high-risk quotient and vice-versa.

4. Universal banks have a panel of experts to suggest solutions to individual clients with different enquiries.

5. Universal banks operate along with several branches which serve the purpose of marketing (selling) of financial products and services of the clients. Due to their well-established brand name, they require less marketing efforts.

6. For a client (or investor) who is looking for more than one investment option, Universal bank is the best solution, saving a lot of time and cost to the client.

Disadvantages of Universal Banking

1. As Universal banking gives solution for all financial products and services, it also creates a lot of confusion as there are different rules and regulations for different investment options.

2. Universal banking is usually done by large banks. And the downfall of such banks would automatically affect the entire banking community.

3. Due to the huge spread of universal banks, they easily acquire he monopoly status and thus have a negative impact on other banks.

4. As both commercial banking and investment banking are available under one roof within Universal banking, it may create a conflict between the two forms, thereby reducing the importance of either one of them.

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Banking system and their pros and cons -

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In order to manage our finances we look forward to a trustworthy banking network. This article attempts to provide some insight into the different banking systems and the various advantages and disadvantages.

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This website is about a global banking school in the UK. This is essentially an advertisement for this global banking school. This website gives a great introduction to the programs and the credentials that one student will acquire from going to the global banking school of UK. This website also offers other options other than just the school in the UK and will help find other academic facilities in other countries. This will help other people that are in other countries than just the UK. I choose this website because i feel this would help anyone who is trying to study and further a career in the global banking field.

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Global Banking School in United Kingdom - Courses

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Global Banking School in United Kingdom. Get all info about the school, programs and application process. Save time and contact the school here!

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In this short video Paul Krugman explains briefly global banking. In this video he answer a few questions about the banking system. "How has the global financial system change?" In his opinion the big change that banks now operate in the background without the typical storefront banks. These banks he calls shadow banks. the other question he answers is "what company would be recognized as a shadow bank?" He says that it is not easy identify a "shadow bank" but he would classify them as "money market funds". I choose this video because it had good information in a short brief video.

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Paul Krugman Explains the Global Banking System

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This short video is a interview done by a New York news show. The interview Ken Li and he explains his opinion of the current state that the global banking systems is in. He is asked a series of questions relating the global banking system. He stats that even tho there is better than expected quarterly results " the overall reactions is quite positive". However he than stats " there were a few things that, ugh, were, gave us a little bit of pause". Throughout this interview they talked about some ups and downs with current banking systems. One thing that I didn't know before watching this video was that a German bank has settled a multi-billion dollar settlement with the US department of justice. This is becoming a political issue that needs to be solved because this crisis is effecting the German economy and will continue to until solved. They also talked about "Brexit" they didn't go into to much detail as to what exactly "Brexit" is but they did stat that it would greatly effect London in a negative way. Another question for Ken Li was about the potential raise in USA interest rates because of USA's recovering economy and the effect it may have on European economies. This raise would benefit the USA but wouldn't particularly benefit any other country because each country experiences different economical environment. I choose this video because it gives the consumer a good idea of the current state the global banking system is in as of know. As well as it educates the consumer of events that are happening in the systems around the world for example the German settlement.

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Ken Li explains the state of the global banking system

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This video is about how banks "create" money out of thin air. He does a good job of explaining this process throughout the video clip. He talks about how banks take in deposits from consumers and than loans out a percentage of this deposit to other consumers. This process is called fraction reserve banking. The banks are required to hold a certain amount of money in the bank and the rest it can be loaned out legally. This is the actual process in which banks make money. If this process wasn't allowed by government, banks would not exist because they wouldn't be making any money. He also talks about the money multiplier. Which is the process of actually calculating the amount of money created by the banking system. The amount of reserve is 1 over 10 or otherwise known as 10%. The other 90% is loaned out. So this means that the multiplier is 1 over decimal 1. Which equals 10. So if 1000$ were deposited into a bank, 10% was kept and 900$ was loaned out. 1000$ got turned into 1900$ and so on and so on. I choose this video because it shows how the global banking system creates money in economies and makes money for themselves. I also choose this video because i thought he did a great job of explaining the process and made it easy for me to understand.

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How Banks Create Money - Macro Topic 4.4

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This photo basically sums up how the global banking system works. As you can see the man on the right gives the bank a euro. The bank than uses that euro to lend some of it the the women on the left. Therefore making money on interest payments with someone else's money.

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I choose this photo because it is a great visual of global banking. This shows the world and the main money symbols of the globe. The Yen(Japan), Euro(Europe), Pound(UK) and Dollar(North America).

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This is a short video we get a look into what the future of global banking is going to look like by the year 2020. The one thing that i got from this video is that the global banking system is working towards being more digitally mature. Which means using the internet and technology more in system. They are expecting double-digit percentage revenue growth in the incoming years with this digital maturity growth within the global banking system. They still accept the fact that there is still possible threats to the system. Such as symbolical down turn, quantitative leasing and a cyber threat. The global banking system is still optimistic even with these possible threats. I choose this video because it gives the consumer a look at where the global banking system is headed in the near future. As-well in my opinion it is a well informed video that is unbiased in terms of it is not really for or against the system itself, but just stats facts and knowledge about the global banking system.