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Introduction to banking and types of banking
In this Session you will learn about What is the and What are the different types of banks? Bank have various functions that we explore in this session. We learn about some key terms related to money like Loan, Interest, Deposit,...
Curated Video
Introduction to Commercial Banks and their Functions
The video provides an overview of commercial banks, their main functions and how they operate in the financial sector and wider economy. It discusses the difference between commercial banks and investment banks, their core objectives and...
Bangladesh central bank boss resigns over cyber heist, money hunt continues
Bangladesh’s central bank governor has resigned over the theft by hackers of $81 million (73 million euros) as investigators try to track where that money went.
Cyber criminals broke into the central bank’s...
Cyber criminals broke into the central bank’s...
Nigeria becomes first African nation to roll out digital currency
Called eNaira, it is hoped to foster economic growth.
Wells Fargo's Braunstein on M&A, Expansion and Hiring
Wells Fargo Vice Chairman Doug Braunstein discusses the current M&A environment, the bank's recent expansion and investment banking coverage on "Bloomberg The Close."
Fed's Powell Says Premature to Consider Normalizing Balance-Sheet
Nov.17 -- Federal Reserve Chair Jerome Powell says it is "premature to even think about" reducing the central bank's balance-sheet to historically normal levels. Powell speaks at the Bay Area Council Business Hall of Fame's virtual event.
Wells Fargo CFO Says Economy Is 'Pretty Strong'
Wells Fargo Chief Financial Officer Mike Santomassimo talks about the bank's earnings. He says "Consumers still have a lot of liquidity," which is a sign "the economy continues to be pretty strong."
Sewing `Confident' About Deutsche Bank Fixed Income Trading
Jul.25 -- Deutsche Bank Chief Executive Officer Christian Sewing discusses fixed income trading, assets under management and the interest-rate environment. He talks with Bloomberg Television's Matt Miller in Frankfurt.
Stress Tests Spoil Dreams for Morgan Stanley, Goldman
Jul.09 -- Bloomberg's Sonali Basak reports on what the results of the Federal Reserve's stress tests on big banks signal about the prospects for big deals. She speaks on "Bloomberg Markets."
Here's Why Netherlands M&A May Heat Up
Oct. 7 -- Bloomberg's David de Jong reports on why mergers and acquisitions activity may increase in the Netherlands. He speaks on "Bloomberg Markets."
H.K., Chinese Investors Will Warmly Welcome Ant Group's IPO, Says GEO Securities
Oct.20 -- GEO Securities CEO Francis Lun believes Hong Kong and Chinese investors will warmly welcome Ant Group's listing. He was speaking with Rishaad Salamat and Tom Mackenzie on "Bloomberg Markets: Asia."
Citi's Jane Fraser on Global Growth in 2023
Jane Fraser, CEO, Citi discusses resilience, recovery, interest rates and her outlook for global growth with Bloomberg's David Westin at Bloomberg's The Year Ahead Davos.
Thailand Court Rejects Petition Against Prime Minister
Dec.02 -- A Thailand court has rejected a petition seeking to disqualify Prime Minister Prayuth Chan-Ocha for allegedly breaking ethics rules. It clears him to stay in power even as pro-democracy protesters continue to campaign for his...
Why the Fed Is Reviewing Supervision of Largest Banks
Nov. 20 -- Jefferies' David Zervos and Janney Montgomery Scott's Guy Lebas discuss the Federal Reserve conducting a review of its supervision of the largest, most systemically important financial institutions in the U.S. They speak with...
Commercial Bank of Qatar 2017 Net Profit Rises 20%
Jan.30 -- Joseph Abraham, group CEO at Commercial Bank of Qatar, discusses the bank's earnings and performance. He speaks on "Bloomberg Markets: Middle East." (Removes incorrect graphics and corrects the guest's title and company name in...
Fears mount over AIG, analyst, voxies, oil prices fall
1. Wide shot entrance of AIG
2. Tight of AIG
sign
3. Wide tilt down of AI
G exterior
4. SOUNDBITE: (English) Liz Moyer, Senior Staff Wri
ter Forbes.com:
"AIG is a global company, it has a...
2. Tight of AIG
sign
3. Wide tilt down of AI
G exterior
4. SOUNDBITE: (English) Liz Moyer, Senior Staff Wri
ter Forbes.com:
"AIG is a global company, it has a...
BNY Mellon to Shut Derivatives Sales, Trading Group
Sept. 30 -- Bank of New York Mellon told a group of employees today that its shutting its derivatives sales and trading business. Greylock Capital CEO Hans Humes and Bloomberg's Trish Regan and Sheelah Kolhatkar react on ""Street...
Commercial Bank Doesn't Have Any Qatar Merger in Strategic Planning, Group CEO Says
Feb.05 -- Joseph Abraham, group chief executive officer of Commercial Bank Pqsc, Qatar’s third-largest lender, talks about the company's financial results and business outlook. CBQ reported net income for the full year that beat the...
ICBC's Yi Named Head of China's Securities Regulator
Jan.27 -- China has named Yi Huiman as head of the country's securities regulator. He is a banking veteran who most recently chaired China's largest lender. Bloomberg's Lucille Liu reports on "Bloomberg Daybreak: Asia."
Commercial Bank of Qatar Seeks Rights Issue
Nov. 2 -- Akber Khan, senior director of asset management at Al Rayan Investment, discusses Commercial Bank of Qatar's $411M rights issue, the appetite for the rights issue and how low oil prices are impacting banks in the Middle East....
Federal Reserve Bank
Federal Reserve and You: What Do Depository Institutions Do?
Short video [0:57] explaining what depository institutions are, what services they offer, and how they make money.