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Banking jobs considered secure job during recession period

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If one becomes an investment banker, then one will always have to deal with money. The important criterions for investment banking jobs are managing money, investing money, and also trading money by means of bonds. With the proper training of business, one may find a position for oneself in this type of money market. For investment banking jobs one should search for bigger type of companies situated in financial capital of globe to seek one-s position in the reputed ones. Companies like Merrill Lynch and many other reputed names comprise this sector, those of which extends investment services for the big type clients like governments and multinational corporations.

One should concentrate one-s job searching endeavour for the investment banks of regional nature that conducts their business in the middle markets. One-s skills as the investment banker can be utilized in these types of jobs in a small degree, in the form of assisting investors individually and guiding small businesses advancing financially. One should contemplate for job searching for some boutique firms to work in favour of one if one has specialized type of interest like financial analysis or bond trading. These types of firms are smaller in type and extend very specialized nature of services so that one-s capability suits the job type precisely prior to one-s submitting of application. For being conversant with investment banking jobs, one should utilize published resources from reputed institutions of financial education like Harvard Business School for identifying firms in which one may like to work.

One of the main features of international banking jobs is Offshore Banking. In offshore banking clients are helped to perform financial transactions by means of bank accounts of corporate both confidentially and securely outside the country of incorporation or residence. If prepared in right manner, clients are benefitted legally from international banking of tax exemption. Offshore banking is secure, reliable and stable. In addition, an offshore bank account in Hong Kong and Singapore have good image. Clients contemplating offshore banking with corporate type of bank account become benefitted by way of adequate protection in case of instability.

India is being projected as the next economic superpower immediately after United States and China. India has always been major investment destinations from abroad and it has turned into most attractive market having high potential. Many multinational companies showed great interests for setting up their businesses in India because of multifarious opportunities. Presences of large number of industries ensure more employments for the job seekers at different sectors among which Banking industry is certainly a vital sector. For the last few decades, India is showing tremendous improvements in the perspective of its GDP growth and overall economic situations and for this reason Banking sectors have made great contributions to achieve this feat. Owing to this reason, scope for banking jobs in India has increased manifold.

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The Basics of Investment Banking

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There are always entrepreneurs that are looking for cash inflows to help them grow their business and take it to the next level. There are also people that have surplus cash that they would like to grow by means of investments. Investment banking is simply facilitating the transfer of money from the investors to the entrepreneurs. In very simple words, it links one to the other. Investment banks help to bring in cash resources and then distribute it to those who are seeking the funds for their business interests. But that isn’t all that the banks do. They also include asset management for those who are too busy to manage their assets themselves. Generally investment banking services include facets of asset or portfolio management, tax management and other legal formalities related to wealth management.

They act as financial adviser who gives you relevant advice on matters pertaining to growing and managing your wealth. These might include matters like mergers and acquisitions, restructuring to gain better profits and so on. Investment bankers generally focus on initial public offerings or IPOs. They also focus on large share offerings, either public or private. They keep their focus on large companies, though – rather than small or medium level companies. Because they focus largely on fully grown, large scale companies, the banks don’t really bother with trade financing. Large scale companies as well established and don’t really require such services – if trade financing is what you want, then you want to turn to merchant banking instead of investment banking.

These services can be either fund based or fee based. You would do best to avoid people who may be getting commissions from investment houses – you have no guarantee that the advice they offer is the best for your money. This is where a good deal of research is required before moving on to hiring an investment banking services provider. Make sure that you thoroughly look into the background of the provider, and pay attention to how successful their advice has been to other clients. You would be handing over the responsibility of handling your wealth to others, it is the least and sensible advice. Remember, you need to make sure that you don’t start taking advice from random strangers about your wealth. This means that you need to know that the profession you hire is, in fact, a professional – and a successful one, at that. Doing your research before you hand over responsibility will save you a great deal of regret later on.

Evolution of Bank Routing Numbers

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Have you ever wondered what that 9 figure number is in the bottom left hand side of your bank notes? Plenty of people have this question. As a matter of fact, about 50,000 people search for routing number related terms in search engine listings every month.

The routing number is also described as a transit number or ABA number. It is comprised of a 9 figure code and it is utilized in the United States of America. The individual design of this number is to determine the depository financial institution or financial organization from which the cash referred to on the cheque is to be withdrawn.

With so many banking companies in existence nowadays, this number is very helpful to the depository financial institution taking a deposition of a check in determining where they need to get the money. It was at one time a difficult undertaking to determine where bank checks were written from. In fact, this difficulty has historically been exploited by criminals to commit fraud against banks.

Therefore, this numerical system was formulated to streamline and clarify the procedure for clearing houses and for banks. This has helped in the reliable transferal of money between banks on behalf of their clients for years now.

This system has even been developed. The serialized number makes it easier for computers to understand and apply the information and as recently as 2004 it has been used to transmit electronic bank checks also known as echecks or EFTs (electronic funds transfer). This started out with the passage of the Check 21 Act which has helped to reduce the reliance on paper bank checks by making it allowable to make digital copies of bank checks.

This handy number system dates all the way back to 1910 when the American Bankers Association (ABA) organised it to help interbank relations. It has been used ever since to help the banking industry to work smoothly.

Can you envisage trying to keep track of over 26 thousand different banking companies that issue bank checks? As a banker you would be overcome with work trying to determine where to get your money! This is precisely the problem that the ABA has successfully helped to solve since 1910.

About 26,895 routing numbers are actively put to use in the United States of America today. This is because every financial organization must have one by law. That means that every depository financial institution is required to have an ABA number assigned to them before they open their doors.

The cheque routing number is an important development in the story of banking. It has served to improve the efficiency of banks. It has assisted in improving the security of banks. It has even helped improve the manner in which we transfer money around the net.

Learn more about the check routing number system.

Skye Bank Western Union

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To enable us meet and surpass the Money Transfer needs of our Customers, Skye Bank introduced the Western Union Money Transfer Service in 2005.

Western Union money transfer is an electronic funds transfer service that enables people send money from over 220 countries and 300,000 Western Union Agent locations around the World and receive them in our over 200 Skye Bank branches nation-wide.

We also have “Dedicated Centers” where only Western Union transactions are consummated. The bank’s dedicated centers are strategically located, catering to numerous Western Union customers within and without the localities.

The product is uniquely designed to allow both customers and non-customers of Skye bank to receive their funds at our branches. Nigeria is presently a receive-only country for Western Union Money transfer.

The success of Skye bank in the area of Service Delivery has endeared the bank to the teeming users of the product.

The bank is opened for Western Union business:

Monday to Friday: 8.00a.m. – 4.00p.m.
Saturday: 9.00a.m. – 3.00p.m. (For selected locations)
Sundays and Public Holidays: 10.00am – 2.00pm

Benefits of Collecting Western Union Transfers from Skye Bank
Our services are fast and efficient
We have over 200 branches and locations, making the service easily accessible to receivers nationwide
Security of transactions is guaranteed
Availability of Dollar Cash
Opportunities to win various gift items with repeated patronage
Currency conversion service through our Bureau de Change outlets nationwide, making our locations, a one-stop shop for Western Union customers.
Convenient opening hours
Procedure To Receive
The receiver goes to the nearest Skye bank location and completes a Money Receive Form
Receiver provides the following information
10 digit Money Transfer Control Number (MTCN)
Test Question and Test Answer
Receiver provides acceptable means of identification.
Any of the following means of identification are acceptable:
International Passport
Driver’s License
National Identity Card
Other secondary identification acceptable by Skye bank Plc
Further details on the product can be obtained at any of our locations nationwide.
You can also call our Western Union Customer Service Center on any of these lines;
234 1 2703090 or 234 1 8775732 or email us on

Interview Question bank PO

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Tell me about yourself? This is an open question generally asked in every interview. This question provides a good opportunity for candidates to tell their strengths that have been mentioned in their resume. This also provides a platform at the beginning of the interview to explore their personality in front of interviewer and leave a good first impression. While answering this question, Be yourself. Another question that might be asked is what are your biggest accomplishments till date? The answer must be related to job, it provides an opportunity to show your competency level. Another generally asked question might be where do you see yourself in five-ten years time-span? How do you handle criticism during different situations? While answering these questions try to reflect the positive attitude and convey a message that all criticism has an advantage if taken in positive sense, all the criticism provides an opportunity for self-improvement. Also illustrate them by giving an example that how a week idea that has been criticised have some good points also. Another question might be how will you cope with a change in environment surround you? Tell how you can adapt and learn quickly in different situation. Turning negatives circumstances into positives (change your weaknesses into strengths) and increase the productivity of the individuals and organisation as a whole. An important question may be what can you do for us that someone else can’t do? Answer this question must be in accordance to job skills needed. If the candidate has understood the details of the job in a proper sense, then he tries to answer this with a combination of your skills/experience with others. Another question that generally asked during interview is to describe a difficult problem you’ve to deal with. Clearly explain the interviewers that you have approached a problem, the process, the result and how you overcome the difficulties come in front of you. This will reflect your positive attitude towards challenges, and you were not discouraged by the situation comes in front of you. What is your greatest weakness is a commonly asked question? This question gives you an opportunity to show that you have identified your weaknesses and now working on reducing your weaknesses. How do you handle tension/stress is a difficult question generally being asked? Explain how you avoid stressful situations, and if not how you deal with them, give some examples also. How do you decide your direction? Show by giving some examples of how an individual can finish up the task without unnecessary complications. You can give examples from your personal life. Do you prefer working with others or alone? Explain how you can work well in both situations and can be benefited in both the situations ”

For More Information You Can check the Upcoming Bank Exams Portal having Latest 2011 Bank Exams Updates and Notification with Information about Recruitment in Banks .

Utilize Your Blog Earn Money by Sharing Ideas Online

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The most exciting for every internet marketers or bloggers who make money online by sharing ideas online is when they get paid. To get paid, of course you do not just sitting down do nothing or waiting for stars fall from the sky. However, you need to create supporting tool like a blog. If you are beginner, use free blogs like blogger.com to support your online business performance.

Why blog is great tools to support your online business?

Blog is easy to maintain. You can run by your own blog. No employee required and you can run from anywhere that you able to share ideas or opinions make money online from the internet. If blog is specially designed to create money online then the content should be directly related to make money online articles. Make money online by sharing ideas is popular niche and much in demand by most businesses online.

I want to share with you about how to make money business by sharing ideas online become reality? Several factors determine whether you are going to maintain and continue to accomplish your business by sharing ideas online is you must have a clear vision against the results. The clear vision covers about goal and confident of getting paid by sharing ideas how to make money online is damn happening. To achieve all these, you are necessity have a plan. Having a plan will not achieve your desired results if there is no action.

What is your expertise?

Probably, its the best set up or the best reason when you want to make money by sharing your expertise. If your skill is writing, get your article paid. If you like talking talk about thing on blog. When people like the way you talk, you will build blog readership. And you are actually building traffic. As you all know that traffic is the life of blog. Blog without traffic is just like human with no life. Sharing ideas online making money from the internet probably is the best topic nowadays. You know, everyone needs money. And if you see the searches on the search engine, make money online is the most result on Google search engine.

Make money online from blog by sharing ideas online is incredibly fun for me. Despite the fact that small earning at this time, but I am enjoying it. One thing that make me interested about making money online from blogs that it shouldnt generate money directly from blog like putting in banners, ads, links and so on. With the blog, I could share ideas online about online businesses that do not need blogs or websites such make money by taking online surveys. Yes, I share my money making ideas through blog and it could be ways to make money from blog. Its good to utilize your blog earn Money by sharing your ideas online.

Tips For Individuals Who Want To Borrow From Private Money Lenders

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If you are one of those who are looking for private money lenders, this could be an indication that you have just fallen into a financial emergency. This happens to almost anybody not only in the United States but all across the world. To date, the fact remains that there is a very small percentage of the society that does not run out of money but a big part of the population needs options just in case they do.

For some of us, borrowing money from family members is not an option so is borrowing through credit cards either because you have reached your credit limit or you have a bad credit. This is where private money lenders come in. Individuals who have gotten into an unexpected expense but do not have the cash at this moment are the most common borrowers of private money loans. Private money lenders offer short term loans to people who have had a hard time borrowing money from banks or other traditional lenders.

If you need to borrow financing from private money lenders, collect personal data that may be relevant to your search for lenders. Gather all important papers in advance. Oftentimes, you will need to present a proof of income and other financial documents including bank statements in advance. You can search for lenders online. You can find them listed in the investment bank section of your Yellow Pages. You may also look for names on the Internet. Asking contacts from banks or credit unions will also be helpful. These financial institutions will be able to assist you in finding lenders in your local area.

Once you find a private money lender, be prepared to explain you situation. Ask for a loan application form and fill it out. Be honest with any information that you put in your application. Lenders will have their ways of finding out whether or not you are telling the truth. Always ask for a timeline so that you will have an idea as to when to expect feedback.

If you are borrowing private money loans to finance your real estate investment, prepare exit strategies that you can use as fallback. For instance, you can sell the house after two years. You may also choose to apply for refinancing. Finding private money lenders is not as difficult as what most of us think. Maximize your resources and you are sure to find one who can help you with your needs. For a list of lenders in your area, go to www.rehabhardmoney.com.

Get Quotes Online Car Insurance Save Time And Money – Houston Auto Accident Lawyer

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Houston auto accident lawyer it is surprising to see the sheer number of online insurance companies. Which are all eager to help you get auto insurance quotes online. Search the internet for your car insurance policy will net you page after page of the site. Houston auto accident lawyer each of which is designed to provide auto insurance quotes online almost immediately. But is it safe to provide your personal information to the insurance company online? normally. Car insurance quotes online is very broad and basic. Houston auto accident lawyer the site may ask you for your zip code (in order to determine what state you live in. And the minimum liability coverage is needed there). And little else. Houston auto accident lawyer later, when it comes time to actually purchase a policy online.

There will be many more questions. The final cost of your auto insurance will be based on many factors. Houston auto accident lawyer not considered in your original auto insurance quote online. For example, it is that you have a car. Drive – in a fast sports car or mini-van. Houston auto accident lawyer the value of your car – is just out there to be 15 years old you have your driver recordhow areyour credit rating – people who make their payments are less likely to get many miles you drive every monthwhere traffic violationshow liveafter you buy your car insurance quotes online. But before actually buying the insurance policy and to present information such as your driver’s license and social security number. It’s a good idea to check with your agency. Houston auto accident lawyer

One way to find out that the agency is safe is to look for and find the logo of verisign. Which tells you that the company you are dealing with has taken steps to protect your personal information from hackers. You may also feel more secure dealing with a company well known for these reasons and as all goes well. The insurance giant allstate. Progressive and national also offer consistently low prices. Remember, however, that the intense competition between the institutions these days. New companies are willing to cut prices to win your business. houston auto accident lawyer insurance is the buyer’s market. Getting auto quotes online is safe and easy way to shop for insurance. With a few clicks of your computer. You can find and compare rates from many companies and satisfy yourself that you are getting the most of your money safe.

houston auto accident lawyer what has never been easier to get car insurance quotes online, especially the incredible resources out there, such as car – insurance – quotes – today. It should not be a chore for many, free car insurance quotes new simplified sites, several car insurance quotes allowing you to receive phone calls without the hassle of having to deal with constant phone calls since the.

Why Computer Skills Are Required For Jobs In Banking Sector

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Computer occupies an important place in many of the industries and they employ computer skilled personnel to carry out their jobs efficiently and effectively. This trend is found not only in companies but also in growing banking sector. The banks which provide a plenty of customer services like corporate banking, financial assistance, savings, and investment, find it easier to computerize these services. Internet banking is considered as a boon for all busy people, which makes it easy to transfer and receive money quickly. It also gives the exact information of the amount in the bank accounts.

Importance of computer knowledge in banks:

As the computers are dominating the industrial world completely, it is quite natural that banks also insist their employees must have basic knowledge in computer. This makes the fresher easily understand their jobs which are performed on the computer. Computer knowledge makes it easy for the fresher to get training for probationary officer posts and for clerical posts. In other words, the candidates can go for a computer course in a reputed institute for 6 months to gain more knowledge in computer and improve their chances of being hired in banks. Many banks have started to set this eligibility criterion to stress this point. Still some candidates may question whether computer skill is mandatory to join in banks. The answer is it is necessary as most of the banks are fully computerized and they have adopted the core banking.

Most of the private and public sector banks find the usage of computer is so essential to network between their branches and to provide faster and effective service. Hence, as most of the banks are moving towards the core banking, it is necessary that the candidates who are applying for banking jobs must have knowledge in DOS, internet, e-mail and MSOffice. It is very true that a clerk should know all the basics about using computer. This is compulsory in many cases and it is advantage for others. A probationary officer in banks must know about MSWord, MS Excel, Window operating system and they should have a sound knowledge in MS Access. Certifications in these courses are insisted in many cases. This quality proves to be essential to handle files, documents and records maintained in computer in different branches and banks effectively.

Pertinent Facts on Bank Owned Homes

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Bank owned homes are popular options for people who want to own properties due to their sheer number. When home owners fail to meet their mortgage obligations, the lender will begin foreclosure proceedings that will end with the ownership being transferred to the lender. And since owning homes is not really among the business operations of banks, these homes will be sold on the market at a price that completes the loan that was not paid.

Banks will try to get the best price they could for the homes they sell but they are very open to negotiations because it is more important to sell of these bank owned homes in the soonest time possible. Considered as non-performing assets, banks need to convert them into capital quickly. If buyers are cautious to avoid heavily dilapidated homes, they may be able to acquire a good home at a significantly reduced price, even at half the property’s market value.

The first method a bank would use to sell a property is through an auction at the county courthouse. If the homes do not sell through this manner they will hire a certified real property broker to sell the homes for them. The property will also be included in a multiple listing service, where more people can see the property. While most homes can only be purchased through a bank appointed broker, some banks do accept offers directly from individuals in some cases.

Making an Offer to Buy

An offer to be made to the bank should have the amount that the buyer is willing to pay, a request to inspect the home, the method the buyer will use for paying and for how long the offer is valid. After the bank receives the offer they will most likely make a counter-offer. This is usually done to satisfy the bank stakeholders that the bank tried to get a higher price for the home. At this point the buyer can make one last offer that the bank can either accept or deny.

One thing to look out for when purchasing bank owned homes is the fact that all these homes are sold as is and the bank will not pay for repairs. So when doing your inspection you should carefully assess cosmetic or structural damages and factor the cost of repairs to your offer. Otherwise buying a real estate owned property is neither complicated nor hard and buyers should not be wary of them.