<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Pic-A-Group.. &#187; Banking</title>
	<atom:link href="http://www.picagroup.org/index.php/category/banking/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.picagroup.org</link>
	<description>Free articles about getting the most from financial institutions</description>
	<lastBuildDate>Sun, 27 Nov 2011 13:49:42 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.1</generator>
		<item>
		<title>Credit Crunch?</title>
		<link>http://www.picagroup.org/index.php/2009/07/04/credit-crunch/</link>
		<comments>http://www.picagroup.org/index.php/2009/07/04/credit-crunch/#comments</comments>
		<pubDate>Sat, 04 Jul 2009 12:27:05 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/?p=295</guid>
		<description><![CDATA[Let&#8217;s face it, banks are scared. It only takes a breath in the wrong direction for them to lower your credit limit, increase your interest rate, or close your credit card altogether! This can have a disastrous effect on your FICO score and wreck your credit, and the really scary thing is.. you don&#8217;t even [...]]]></description>
			<content:encoded><![CDATA[<p>Let&#8217;s face it, banks are scared.  It only takes a breath in the wrong direction for them to lower your credit limit, increase your interest rate, or close your credit card altogether!  This can have a disastrous effect on your FICO score and wreck your credit, and the really scary thing is.. you don&#8217;t even have to have done anything really wrong for it to happen!  If you do find that your credit rating has taken a hit, for whatever reason, why not check out the <a href="http://www.repairyourbadcredit.com/">credit repair</a> solutions offered by DSI Solutions?</p>
<p><a href="http://www.repairyourbadcredit.com/">credit repair information</a> is often hard to come by and really.. who knows if the information you get can really help your score, or if it&#8217;s going to make your score worse than before?  Getting expert help is critical if you want to get your credit sorted out beore going for a home of car loan.  Banks are getting nervous about lending money out, andit&#8217;s getting harder and harder to come by.  Getting help with <a href="http://www.repairyourbadcredit.com/">bad credit repair</a> is the smart thing to do, and with the money back guarantee DSI Solutions are offering their internet customers, you have nothing to lose and everything to gain.  Why not check them out today, and get and keep your credit in great shape!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2009/07/04/credit-crunch/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>M&amp;T bank &#8211; eMoney Market Account</title>
		<link>http://www.picagroup.org/index.php/2009/04/22/mt-bank-emoney-market-account/</link>
		<comments>http://www.picagroup.org/index.php/2009/04/22/mt-bank-emoney-market-account/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 05:20:10 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/?p=266</guid>
		<description><![CDATA[Money market accounts we well regarded in the banking industry as a great place to stash your cash. This is because with a money market account, you can access your money whenever you need it.. not like a term deposit, which whilst offering better interest rates, offers no flexibility at all with regards to withdrawals. [...]]]></description>
			<content:encoded><![CDATA[<p>Money market accounts we well regarded in the banking industry as a great place to stash your cash.  This is because with a money market account, you can access your money whenever you need it.. not like a term deposit, which whilst offering better interest rates, offers no flexibility at all with regards to withdrawals.  One of the better choices you can make to save money for a a rainy day is to put your cash in a Money Market account, as these generally also have higher savings interest rates than normal savings  and checking accounts.</p>
<p>Check around though.. because nto all money market accounts are the same.  M&amp;T bank currently offers the following regarding its money market account:</p>
<ul>
<li>Round the clock access</li>
<li>Over 1600 ATMs for easy access to your money</li>
<li>No monthly fees</li>
<li>FDIC Insured</li>
<li>24/7 access</li>
<li>Fast Online Signup</li>
</ul>
<p>the current going interest rate paid is .75%.. which might not sound like much but is certainly more than many financial institutions are offering.  <a href="http://www.mtbmoneymarket.com/">M&amp;T Online Banking</a> make it easy to sign up.. fill out the form online to get started.. and if you need to talk to a &#8220;real person&#8221;, you can call into any of the over 650 branches they have nationwide, as well as chat to their helpful call center staff, who are only a phone call away.</p>
<p>Why not make the most of your hard earned cash and stash it in a Money Market account!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2009/04/22/mt-bank-emoney-market-account/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is your credit less than sparkling?</title>
		<link>http://www.picagroup.org/index.php/2009/04/22/is-your-credit-less-than-sparkling/</link>
		<comments>http://www.picagroup.org/index.php/2009/04/22/is-your-credit-less-than-sparkling/#comments</comments>
		<pubDate>Wed, 22 Apr 2009 04:54:57 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/?p=264</guid>
		<description><![CDATA[BadCreditoffers.com can really help you put the pieces of your life together after you have experienced a financial disaster. Disasters can happen to anyone.. marriages breakdown, sicknesses occur, jobs are lost.. in these hard times, more and more people are facing financially difficult situations. And recovery can be long and painful. Getting bad credit credit [...]]]></description>
			<content:encoded><![CDATA[<p>BadCreditoffers.com can really help you put the pieces of your life together after you have experienced a financial disaster.  Disasters can happen to anyone.. marriages breakdown, sicknesses occur, jobs are lost.. in these hard times, more and more people are facing financially difficult situations.  And recovery can be long and painful.  Getting <a href="http://www.badcreditoffers.com/creditcards/">bad credit credit cards</a> can seem difficult and tiresome.. but it doesn&#8217;t have to be!</p>
<p>Getting <a href="http://www.badcreditoffers.com/creditcards/">credit cards for bad credit</a> can be much easier than you think.. just check out the BadCreditOffers.com site to find a huge list of lenders.. more than you ever thought possible!  The site is a handy and fast way to find the offers that most suit your situation, there are heaps of choose from and you can click through and apply right online.. you can even get a fast response.. just 60 seconds in some cases!</p>
<p><a href="http://www.badcreditoffers.com/">bad credit loans</a> really can help you get back on your feet.. firstly by providing much needed cash flow and secondly to help you build up your credit rating to the level it once was.  Why waste time and energy scouting around the web for all of the different credit card companies when you have them right here at your fingertips!  So much has been so hard recently.. at least you can count on BadCreditOffers.com to make life easy when applying for your new credit card!</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2009/04/22/is-your-credit-less-than-sparkling/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>USAA Banking Services</title>
		<link>http://www.picagroup.org/index.php/2008/03/22/usaa-banking-services/</link>
		<comments>http://www.picagroup.org/index.php/2008/03/22/usaa-banking-services/#comments</comments>
		<pubDate>Sat, 22 Mar 2008 21:20:47 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/03/22/usaa-banking-services/</guid>
		<description><![CDATA[As the banking industry continues to move into a more and more remote model, the leading provider of remote and internet based financial services is still not the household name of its competitors, and many believe that they want it to stay that way. The quality, breadth of services and astonishing quality of customer care [...]]]></description>
			<content:encoded><![CDATA[<p>As the banking industry continues to move into a more and more remote model, the leading provider of remote and internet based financial services is still not the household name of its competitors, and many believe that they want it to stay that way.  The quality, breadth of services and astonishing quality of customer care that USAA banking offers is unparalleled in the industry.</p>
<p>Banking with USAA is just the tip of the iceberg when you look at the services that USAA offers. Of course it is a special organization in that special eligibility requirements are in place, however, it is not difficult to qualify.  USAA membership is open to those who have served in the US military, National Guard and Coast Guard or have parents that have once been USAA members. </p>
<p><span id="more-132"></span></p>
<p>Membership of the USAA is considered a privilege to those who have directly served or those families and dependents whose relatives have served the US.  This means that USAA banking is available to most second and third generation Americans and their children.   The USAA has been providing services for over 80 years and has established a reputation of providing exceptional products and services that meet the unique needs of the military community and their families.</p>
<p>USAA Insurance And Loan Services</p>
<p>As a USAA member you can gain from very competitive auto insurance rates that are unbeatable in the marketplace and are provided directly by USAA.  USAA banking services include ATM fee refunds and worldwide access as its members require support worldwide.  Add to this their low-rates in auto and home loans, and low transaction fees with all of their investment opportunities and services and the full package of USAA banking and financial services is unrivaled.</p>
<p>The USAA is rated by no fewer than three separate agencies and in all they maintain superior ratings.  Furthermore, they are just one of two U.S. property and casualty companies that maintain the highest ratings from A.M. Best, Moody&#8217;s Investors Service, and Standard &amp; Poor&#8217;s</p>
<p>USAA Investments</p>
<p>Your practice of banking with USAA may include using its unique investment services.  As it is not a publicly traded company these investment services are targeted and controlled by the USAA members themselves. USAA relies on its members to request new features and services that its USAA banking and investment plans can offer.  Not only is that different from most publicly traded financial services firms, the investment councilors in the Financial Advice Center are salary based and are not there to provide you information that will make them rich, they are there to services the members, at no charge. </p>
<p>Enrolling in USAA not only allows you to use the excellent USAA banking facilities but also provides you with a unique opportunity to use the suite of financial investment instruments that USAA manages.  These instruments are very competitive with similar products from Vanguard or other mutual funds and indexed product providers. The USAA is perhaps the most fully integrated banking and financial services provider in the market today.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/03/22/usaa-banking-services/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Deciding To Use Offshore Banking</title>
		<link>http://www.picagroup.org/index.php/2008/03/09/deciding-to-use-offshore-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/03/09/deciding-to-use-offshore-banking/#comments</comments>
		<pubDate>Sun, 09 Mar 2008 03:39:17 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/03/09/deciding-to-use-offshore-banking/</guid>
		<description><![CDATA[There are many reasons to selecting offshore banking as a component in your investment strategy. And indeed going offshore for any service is a strategic decision. Perhaps, you have just inherited a major sum of money, or perhaps your stock investments have made you a fortune, or perhaps you have just sold your company and [...]]]></description>
			<content:encoded><![CDATA[<p>There are many reasons to selecting offshore banking as a component in your investment strategy.  And indeed going offshore for any service is a strategic decision.  Perhaps, you have just inherited a major sum of money, or perhaps your stock investments have made you a fortune, or perhaps you have just sold your company and have become a billionaire. There are many aspects of this decision that must be carefully thought out. </p>
<p>You need to consider what the tax and legal considerations are as well as whether the provider of the service understands, and you are also aware, that even though you are using offshore banking there are still reporting requirements to the governments that the businesses operate in.  This is particularly true in the US where the Patriot Act demands certain information for all businesses operating in the US and for all transfers of funds to be used in offshore banking.</p>
<p><span id="more-124"></span></p>
<p>Choosing The Right Offshore Country And Bank</p>
<p>There are many considerations when choosing the correct offshore banking provider.  You must consider country of service and their relationship with the US or other Governments.  You must make sure that the tax implications are understood and that the depth and breadth of services will meet your needs. One of the most stable countries for offshore banking is Panama.</p>
<p>Offshore investors and offshore financiers have found that this democratic country is ideal for worldwide offshore corporate base and offshore banking, as well as offshore incorporation of offshore corporations, offshore foundations and offshore trusts. Finding a good fiduciary services firm is the next prospect you must consider. There is no sense in transferring funds to an offshore account unless there is someone there you can trust to handle and invest it. International corporate offshore consulting firms are very diligent in handling these matters.</p>
<p>A good firm will provide continuous, professional administration of the offshore company formations and legal affairs that are connected with your offshore banking. Personnel must be discreet, technically skilled and knowledgeable, multi-lingual and very business savvy. They will be helping you to represent very large sums of money and their character and integrity should stand as such.</p>
<p>Finding an offshore service to achieve your objective in the shortest time frame at reasonable costs, should be paramount in your offshore banking. With the stock market changing daily, the handling of your offshore banking accounts must be in perfect order. Find a firm that has your needs and objectives at heart and your account will successfully grow offshore.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/03/09/deciding-to-use-offshore-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Advantages of Harris Online Banking</title>
		<link>http://www.picagroup.org/index.php/2008/03/09/the-advantages-of-harris-online-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/03/09/the-advantages-of-harris-online-banking/#comments</comments>
		<pubDate>Sun, 09 Mar 2008 03:38:58 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/03/09/the-advantages-of-harris-online-banking/</guid>
		<description><![CDATA[Online banking is one of the most advantageous and commonly used forms of banking in the world today, and there are definitely a number of different options, however Harris online banking is by far one of the best options of all that you have. There are reasons for this, of which will be discussed more [...]]]></description>
			<content:encoded><![CDATA[<p>Online banking is one of the most advantageous and commonly used forms of banking in the world today, and there are definitely a number of different options, however Harris online banking is by far one of the best options of all that you have. There are reasons for this, of which will be discussed more thoroughly in the following.</p>
<p>Why you Should Choose Harris Online Banking Over any Other</p>
<p>Harris online banking provides convenient and secure access 24/7, which is right away one of the best and most fortunate features that it offers, especially when you learn about how many of the competitors actually cannot say this. Harris banks stay open 24/7 so that regardless of your life schedule you will always have the convenience of their online banking available without any unnecessary hassle.</p>
<p><span id="more-114"></span></p>
<p>As well there are many different things that you are able to do with Harris online banking, such as: view all of your Harris account balances and details, including checking, savings, money market, loan and line of credit accounts; view various images of your cancelled checks; transfer funds between eligible checking, savings and line of credit accounts; download your account activity into various popular money management software programs; and request services such as account research and check orders.</p>
<p>There are basically all the necessary services that you could think of that are available to you through the Harris online banking service, and so you really never have to worry about making it to the bank on time in your busy life because you can do everything you need to right online at home on your computer.</p>
<p>What you Need to be Able to use These Services</p>
<p>Basically the only thing that you really need to do in order to be able to use these services is to be a Harris bank member, and so if you already are then you just need to set up an account for yourself, which will literally take only minutes. Once you have set up a username and password for yourself then you are able to use your account whenever you please.</p>
<p>You will notice immediately the difference in ease and accessibility that you will have with these new online banking services, and you will surely be asking yourself why you did not go through with this before. The only real time that you will need to go into a bank now is if there is something that you have to physically bring in to one of the employees, although for the most part everything can be sent via e-mail.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/03/09/the-advantages-of-harris-online-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Benefiting From HSBC Personal Banking</title>
		<link>http://www.picagroup.org/index.php/2008/02/26/benefiting-from-hsbc-personal-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/02/26/benefiting-from-hsbc-personal-banking/#comments</comments>
		<pubDate>Tue, 26 Feb 2008 21:17:23 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/02/26/benefiting-from-hsbc-personal-banking/</guid>
		<description><![CDATA[The banking industry is becoming increasingly competitive with many of the major credit card providers moving in to local markets aided by the internet. This is true of HSBC as well as many of its competitors such as Capital One and Chase. The quality, breadth and ease of use of the provided services are becoming [...]]]></description>
			<content:encoded><![CDATA[<p>The banking industry is becoming increasingly competitive with many of the major credit card providers moving in to local markets aided by the internet.  This is true of HSBC as well as many of its competitors such as Capital One and Chase.  The quality, breadth and ease of use of the provided services are becoming the overwhelming decision points, it is no longer necessary for the bank to have a storefront close to you, though that can still be important for some.</p>
<p>For HSBC customers in the north-east and west are indeed bank outlets where hsbc personal banking may actually mean standing face-to-face with another human being.  For others across the country the sheer breadth and depth of hsbc personal banking services may well be one of the major discriminators in choosing to bank with HSBC.</p>
<p><span id="more-116"></span></p>
<p>Breadth And Depth Of Services</p>
<p>Perhaps the most well known form of hsbc personal banking are the broad range of credit cards that are offered through a variety of well know names.  Orchard, Direct Merchant and their own HSBC labeled cards are all very popular cards, particularly for those requiring a second chance. HSBC has also entered into the market for providing merchant or store cards including such well known stores as BestBuy, CostCo, Saks and Nieman Marcus.  HSBC personal banking can therefore provide you access to these accounts as well, and perhaps more importantly, guaranteed payments.</p>
<p>This is just the beginning of the capabilities of hsbc personal banking and financial services.  Auto loans, mortgages, and even insurances are offered through the virtual store.  HSBC has been quick to partner with leading industry providers of insurance such as AIG, Travelers and the Hartford Group to provide insurance based services and they are not directly associated with the actual holding of the insurance bonds. HSBC personal banking also includes the checking and savings products that are now considered standard in the industry.</p>
<p>Special Features Of HSBC Personal Internet Banking</p>
<p>Personal Internet Banking from HSBC is yet another fully featured component of hsbc personal banking services. This provides HSBC customers the ability to interact easily between HSBC accounts and even with accounts that are not HSBC’s.  The Bank to Bank Transfers feature provided in the standard package of services is an exceptional product, particularly when used with EasyView service that allows you to look at your HSBC and nonHSBC accounts on one page.  The Personal Internet Banking component of hsbc personal banking services also includes optional bill pay and electronic tracking features typical of any internet bank.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/02/26/benefiting-from-hsbc-personal-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Guide to ING Banking</title>
		<link>http://www.picagroup.org/index.php/2008/02/11/a-guide-to-ing-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/02/11/a-guide-to-ing-banking/#comments</comments>
		<pubDate>Mon, 11 Feb 2008 23:46:14 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/02/11/a-guide-to-ing-banking/</guid>
		<description><![CDATA[ING Direct is one of the most positively acclaimed banks in the world, and it is really no wonder. They offer a wide range of products and services, 24 hour convenience, and superior customer service. The employees with ING are without a doubt supreme in their field, as they are qualified professionals who are able [...]]]></description>
			<content:encoded><![CDATA[<p>ING Direct is one of the most positively acclaimed banks in the world, and it is really no wonder. They offer a wide range of products and services, 24 hour convenience, and superior customer service. The employees with ING are without a doubt supreme in their field, as they are qualified professionals who are able and willing to help answer any and all of you financial questions.</p>
<p><strong>About ING Banking</strong></p>
<p>ING is certainly not your regular bank, and thus ING banking is not your regular type of banking. For one thing, they have no branches, and so therefore you do all of your business with them via telephone, Internet, or ABM. However because of this, they end up saving an incredible amount of money, and in turn they take part of these savings and reflect them onto you, the customer.</p>
<p><span id="more-118"></span></p>
<p>Their organization is one which is made up of various different people, of who are united in their goal, and whatever they do, they are always connected to the bigger picture, which is to work to save their customers the most money that they possibly can, and this is definitely something that can be respected.</p>
<p>One of the best things of all about ING banking is the amount of money that you can end up saving, not only because of how they do not actually have any branches, but also because of all the fantastic options that they offer.</p>
<p>For instance, with their investment savings account (ISA) you are able to save your money and earn interest considerably higher than with the average major banks, and as well, unlike accounts that charge fees and which require minimum balances, this account is one which allows you to be able to let your savings actually grow, and this is obviously incredibly beneficial.</p>
<p>As well with ING banking there are various retirement savings plans that you have to choose from which allow you to save minimal money and result in having a large sum set away for yourself for retirement, and so you can continue on with your regular lifestyle in the meantime while still feel safe and secure in the knowing that you will be able to also live comfortably once you retire.</p>
<p>It is quite easy to see just how great ING banking is and why, and so if you are with another bank then you are definitely going to want to consider changing over, or at least taking a closer look at the ING business, because they are consistently booming and increasing for a reason.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/02/11/a-guide-to-ing-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Giants of International Banking</title>
		<link>http://www.picagroup.org/index.php/2008/02/11/the-giants-of-international-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/02/11/the-giants-of-international-banking/#comments</comments>
		<pubDate>Mon, 11 Feb 2008 23:42:03 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/02/11/the-giants-of-international-banking/</guid>
		<description><![CDATA[International banking has increased in popularity over the last decade or so. Nearly every leader in the banking industry is now operating internationally. Some of the largest international banks in the world may be difficult to identify to the average consumer, as it is easy to assume the bank next door is domestic. Citigroup Citigroup [...]]]></description>
			<content:encoded><![CDATA[<p>International banking has increased in popularity over the last decade or so.  Nearly every leader in the banking industry is now operating internationally.  Some of the largest international banks in the world may be difficult to identify to the average consumer, as it is easy to assume the bank next door is domestic.</p>
<p><strong>Citigroup</strong></p>
<p>Citigroup is one of the largest banking groups in the world; Citigroup is headquartered in Manhattan.  In fact, by many standards they are the largest.  Citigroup is very active in international banking, with branches all over the world.  Although Citigroup is by any definition an international banking giant, they are not protected from international issues.  In recent Citigroup history they experienced scandals about misleading banking practices in Japan, and experienced a lawsuit regarding improper assessment of late fees in the U.S., and in March of 2006 they were accused of insider trading in Australia.</p>
<p><span id="more-119"></span></p>
<p>UBS AG</p>
<p>UBS is also one of the largest banks in the world; they are based out of Switzerland.  UBS is prominent in international banking and has branches on nearly every continent in the world.  UBS has also had recent controversial issues in some of the countries that they operate in.  In one of the most highly publicized cases against UBS, they were sued by an ex-employee named Laura Zubulake who contended that her former manager denied her accounts and made fun of her appearance in front of her coworkers, as well as that the company had sexist practices that made it difficult for women salespeople to succeed including the practice of taking clients to strip clubs. </p>
<p>This case is thought to be so important because UBS was unable to provide copies of certain emails to the jury which Zubulake contended contained the harassment, this led many companies to reevaluate how they handle the tracking and storing of their electronic information.</p>
<p>Bank of America</p>
<p>Another leader in international banking is Bank of America.  Bank of America was originally founded in San Francisco under the name Bank of Italy.  It eventually expanded out of California through the process of several mergers changed its consumer brand name to Bank of America. </p>
<p>Bank of America is currently at the center of many different controversies, mostly revolving around the logic they use with consumer accounts.  One of the largest of these controversies is regarding their overdraft fees.  Bank of America uses the logic of processing the largest check first; this generates a lot of overdraft fees that would not occur if they processed smallest to largest.  They also have been accused of closing consumer accounts without warning and with very little provocation.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/02/11/the-giants-of-international-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Improve the Economy through Barbados Banking</title>
		<link>http://www.picagroup.org/index.php/2008/01/26/improve-the-economy-through-barbados-banking/</link>
		<comments>http://www.picagroup.org/index.php/2008/01/26/improve-the-economy-through-barbados-banking/#comments</comments>
		<pubDate>Sat, 26 Jan 2008 04:49:40 +0000</pubDate>
		<dc:creator>Sam</dc:creator>
				<category><![CDATA[Banking]]></category>

		<guid isPermaLink="false">http://www.picagroup.org/index.php/2008/01/26/improve-the-economy-through-barbados-banking/</guid>
		<description><![CDATA[The Central Bank of Barbados was born in the year of 1972 to assist the country’s government and economy to make it more stable for the people. With the birth of Barbados banking, it served as the financial and developmental intermediation thus, making the currency of the country Barbadian dollar. $2 of Barbadian money is [...]]]></description>
			<content:encoded><![CDATA[<p>The Central Bank of Barbados was born in the year of 1972 to assist the country’s government and economy to make it more stable for the people.  With the birth of Barbados banking, it served as the financial and developmental intermediation thus, making the currency of the country Barbadian dollar.  $2 of Barbadian money is equivalent to $1 in the United States. </p>
<p>There were many reasons as to why the government of Barbados formed the CBB, but the strongest reason there was, was to gain control over domestic and international financial intermediation.   They believe that through Barbados banking, they would promote monetary stability, encourage a sound financial structure, and advance the development of money markets and capital markets, and also foster credit and exchange conditions that would best suit all its customers while sustaining economic development in Barbados.</p>
<p><span id="more-100"></span></p>
<p>The Partnerships and Breakthroughs</p>
<p>Barbados is considered to be one of the most wonderful tourist destinations in the world.  Right now, there are many ATM machines that are widespread in the country to make our Barbados banking experience easier and more convenient.  Also, major credit cards are being accepted by merchants when you are on vacation in their country so you do not have to worry if you did not bring any money when you come to Barbados.</p>
<p>Historically, Barbados banking was primarily controlled by major British and Canadian banks that were internationally recognized.  And right now, Barbados has more than forty licensed offshore banks and there were finance houses and other international banks are being attracted to Barbados banking due to its tax incentives, good quality service, and reputable offshore banking center. </p>
<p>You may compare Barbados banking to any banking services that you may find in North America and other countries and you will find that there is no difference in terms of their quality of service.</p>
<p>Servicing the People, Servicing the Country</p>
<p>There are many programs and services that Barbados banking supports and offers.  One of the programs that best helps the country is their Livestock Development Fund jointly financed by European Development Fund and also by the government.  Its objective is to reduce the dependency of Barbados from foreign countries when it comes to meat and promote self-sufficiency while at the same time, improving the income of small livestock farmers.</p>
<p>Other services and programs that the Central Bank of Barbados supports is the Barbados Investment Fund, Credit Guarantee Scheme for Small Businesses, Enhanced Credit Guarantee Scheme, Export Credit Insurance Scheme, Export Finance Guarantee Scheme, Export Rediscount Facility, and Industrial Credit Fund.  </p>
]]></content:encoded>
			<wfw:commentRss>http://www.picagroup.org/index.php/2008/01/26/improve-the-economy-through-barbados-banking/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

