Category Archives: Banking

Banking

Secure you child’s future health with Umbilical Cord Banking

Umbilical Cord Banking or stem cell banking couple words which pop up at least for once in front of expecting parents when they visit any pregnancy related websites or visit a doctor. What is Stem Cell Banking? Is it really important for every parent?

Stem cells are very unique in themselves; they have potential to treat an enormous range of diseases and conditions. They can renew themselves almost indefinitely and they have the special ability to differentiate into cells with specialized characteristics and functions.  Stem cells themselves are largely unspecialized cells which then give rise to specialized cells. Because these reasons stem have high therapeutic value. They are actively being used in cell therapies (A cell therapy is a treatment that replaces dysfunctional or diseased tissues with stem cells). More than 75 life threatening diseases can be treated with stem cell therapy. Many people have been saved from hopeless situations like different types of cancers, blood disorders, and genetic disorders.

Stem cell banking is a procedure in which child’s stem cells driven from Cord Blood are preserved. Cord Blood is the blood which is found in Umbilical Cord of the baby. After a baby is born and the umbilical cord is cut, some blood remains in the blood vessels of the placenta and the portion of the umbilical cord that remains attached to it. After birth, baby no longer needs this extra blood. This blood is called placental blood or umbilical cord blood. Cord blood is the rich source of hematopoietic (blood-forming) stem cells, similar to those found in bone marrow.

Stem cells are found in bone marrow as well. But it is easy to collect cord blood stem cell than from bone marrow. Retrieving stem cells from bone marrow involves surgical procedure which has post operative effects on the donor. When stem cell therapy is performed, a perfect match of stem cell is required for the recipient. If cord blood stem cells are used instead of stem cells from bone marrow there are very minimum chances of graft versus host disease (GVHD). This may be because cord blood has a muted immune system and certain cells, usually active in an immune reaction, are not yet educated to attack the recipient.

If in family there has been history of some particular disease or genetic disease, than it becomes necessary for the expected parents to plan for Umbilical Cord Bankingof their child. Pre-Born Education helps all expected parents to completely understand the necessity of storing their child’s cord blood. In case any kind of disease appears in your child, at any point of life than your child will always have a health insurance in form his cord blood cells.

During pregnancy mother does her best to give complete care to herself and child and follows all pregnancy tips. Now every mother can get rid of worries about the future health of child with stem cell banking.

CordLife is today the largest network of private cord blood banks,Pregnancy Tips,Cord Blood Storage,Cord BloodUmbilical Cord Banking of Australasia.

Banking

Life saving discovery-Stem Cell Banking

Child birth has always been celebrated as the commencement of new life so far, but medical sciences have proved that this event occurs with far more new hopes than only having a new born baby. A child takes birth not only with self medical insurance for the future but may also insure other lives till some extent. The umbilical cord which nourishes and protects the foetus at the time of pregnancy can also be proved a life saving element for the child for his future. Umbilical cord of the baby has always been treated as a medical waste but in last few decades medical researchers discovered that the Cord blood contains stem cells which can be used in the treatment of more than 75 life threatening diseases including haematopoietic and genetic disorders. In fact, stem cells act like structuring cells for different tissues, organs and body parts of a foetus. These cells are self-generative in nature. Moreover are also capable to differentiate into other cells.

 This life saving discovery encouraged the concept ofStem Cell Banking or cord blood bank where this cord blood/stem cells can be preserved and retrieved whenever required. Stem Cells can be obtained in the form of cord blood collected from umbilical cord after detaching it from the child and the mother after child birth, so collected Cord Blood is preserved in the cord blood bank for future transplantation during any blood or genetic disorders and immune deficiencies in the child who have their own stem cells available and to others who are suffering with any life-threatening disease like leukaemia or lymphoma and need a transplant to survive.

 Similar type of transplantation of bone marrow has been in the medical practice for a long time. But stem cell transplantation is proved more painless, easy, cheap and convenient because collecting bone marrow is too much expensive procedure and finding a donor is also a hard nut to crack. While the process of collecting, preserving and retrieving the cord blood is too easy and one need not to seek a donor.    

 What a family needs to do forCord blood donation is to decide this before 34th week of pregnancy and consult to the concern doctor and to give consent for the same and pre-born education or pregnancy tips must be followed. One should also confirm whether their concern hospitals have cord blood collection facility or they may also have a tie-up with any cord blood bank. Mother should also make sure her eligibility for cord blood donation in advance. Finally when mother arrives to the hospital, she should tell the delivery team about donating umbilical cord blood so that all required precautions can be taken. After the child birth, the medical team collects the remaining blood from the detached umbilical cord and placenta into a sterile bag. The cord blood will be delivered to your cord blood bank within 48 hours.

 This humanitarian act can spread smiles of many faces and may Protect your Child as well.

CordLife is today the largest network of private cord blood banks, Cord Blood Storage, Stem Cell Banking, Umbilical Cord Banking of Australasia.

Banking

IBPS ? Institute Of Banking Personnel Selection

Banking sector is the fastest growing sector in today’s time. Every individual dreams of working in a reputed bank of India and secure his/her future. Only bank jobs accept candidates from any academic background, provided that they fit the eligibility criteria. Out of the thousands of candidates that appear for the exams, only a few ones are selected. Many candidates have accused some banks as unbiased and unfair. Thus, to recruit candidates purely based on their hard work, skills and abilities, IBPS has been established. It refers to Institute of Banking personnel Selection. It aims at recruiting suitable candidates for various jobs offered by the bank. It is an outsourcing agency that conducts examinations for various public sector banks. It not only selects candidates from outside the organization but also recruits candidates from promotion within the organization. It is a well-established institute which conducts various activities for the recruitment in banks.

Institute of banking personnel selection is an efficient medium which provide viable solutions for human resource management. It is a technologically advanced medium which conducts various activities with precision and technicality. They ensure the entry of the best and the most deserving candidate. Bank syllabus is provided by them which also have question papers of the previous years which help the candidate to get a gist of the type of questions asked in the exam. The evaluators and faculty is in itself a team of highly trained professionals in various fields like psychology, banking industry, information and technology, insurance industry etc. who are specialized to conduct tests.

It assesses the needs and demands of the individual and guides him/her in the right direction. It uses objective methodology to conduct various tests and a team of experts’ analyses the results. The main criteria of recruitment for the various post is identification of talent. In today’s world it is very important to have a strong relation and a healthy environment for both the employer and the employee. IBPS ensures that the recruitment turns healthy for both the parties involved. They also work on promotion of the individuals who are a part of the organization. They evaluate the competent employees and promote them to higher levels. IBPS conducts assessments for both specialist and generalist cadre employees across levels of organizations. Their aim is not to merely recruit employees for the bank but also provide them with an environment that helps them grow both professionally and personally.

IBPS has been a blessing for many aspiring candidates. Its method of outsourcing is appreciated by many and rewards it for unbiased methods of IBPS Recruitment. IBPS works on international testing models and recruits suitable candidates for the recruitment in public sector banks. One has to be thorough with the syllabus in order to clear these exams and be a part of the most respectable banks of India.

Common Examination for Bank PO Jobs in Different Banks

Download list of IBPS Recruitment ,bank clerk recruitment 2011 , bank exam syllabus and bank exam model question paper at jagranjosh.com .

Banking

Banking News-A Reflection of Economy

We get news to remain aware of our surroundings. Knowing about world is a part of it but incomplete if we miss on local news India. News of neighborhood reflects the current scenario with respect to activities in rest of the world. In that too money holds the strong position. Activities and news often revolves around money if they are not directly including it as a matter of discussion. Banking news is one of the sections of many economy newspapers and TV Channels that give explicit information on banking sector. Overview of Economy and India news tells us just how important banking has become for us as more and more new banks and branches are mushrooming in cities as well as far corners of rural India.

 

Banking is of great importance in Indian Economy more because of our thriftiness. Banks are supposed to provide sanctity to people like us who save and save. Banks plays its role of protecting money from our own ways of wasting it when we chose to save it from us. Then there are other services of bank that has extended from just savings like loans, insurance, trading, interests on money deposited and many other banking activities. Banking related activities and information about them are exclusively covered in Breaking News in various media.

 

Local news India is meant to keeps us on toes. Alertness is required even more when money is involved. Financial growth of a country is directly proportional to the amount of security if has to offer to its citizens. Sometimes safety can lull into belief that nothing wrong is going to happen. This is when crisis strikes. Vigil is required even in safest of times even more at that time. There can be no exception to prudence as exemplified by India news in various circumstances more in matters of money.

 

Being aware and cautious always helps. Plans and strategies can be drawn out beforehand to prevent mishaps when cues of the same are received. Vigilance is what helped India when whole world was hit by slowdown. Banking sector has played its role optimally with RBI making necessary changes in fiscal and monetary policies as demanded by those times. Banking news reflected the fear that had become of trading when people took their money out of shares and put in Banks in Fixed or recurring deposits. India news was about the stability of Indian economy even in the face of crisis. The spirits should always be kept high.

 

Find Local News India, Banking News and India News on every topic at jagran.post.com.

Banking

How Private Banking Help You With Wealth Management And Investment Portfolio

If you are one of those individuals who come with a certain level of wealth, you really have to think seriously of using a professional’s help for better wealth management. Many people make a mistake of handling things on their own but often fail miserably. With a professional standing by your side, you will feel more confident about making different investment decisions.

The good thing about having a professional’s help for wealth management is that they always understand your unique needs and always strive hard to find a customized solution accordingly. Since they listen to you carefully, they always know how you want to invest your money. That’s the reason why you should seriously think of getting in touch with a private banker to get to know more about wealth management and building an investment portfolio.

By digging deeper into the details, you will come to know that private banking is all about enjoying some high quality financial services. For instance, you can get in touch with a private banker if you need an expert investment advice. Since they make use of different techniques and draw strategies accordingly, they always help you with investments and wealth management in a much better way. They sometimes rely on discretionary management, and on other occasions, they help you using advisory mandates.

Here, it is crucial to mention that some people think wealth management is not a big issue. The reality is different. Managing your wealth and investment portfolio is quite tricky, especially today when financial markets are fluctuating quickly and abruptly. You need to react to the situation in the right way, or else you will lose a lot of money. This is where a relationship manager comes into picture to help you find a right strategy for building and maintaining an investment portfolio. It is worth mentioning that if you don’t want to work with private banks, you can always get in touch with some financial institutions that have experts available at your service. These experts listen to you and determine what your specific investment expectations and goals are. While doing so, they pay special attention to your anticipated cash flows, investment horizon, risk tolerance, and income needs. Once they get this information, they draw a strategy accordingly, which they change periodically while paying attention to the ever-changing market conditions.

You should consider using these types of investment and wealth management services if you are an investor with long-term investment goals in mind. You always have an expert taking care of your investment portfolio. But if you don’t want anyone interfering in your matters, you can handle things on your own. Here, you ask these experts for advice, but you don’t let them call the shots. You have the power to make the final decision. Most investors opt for these types of investment and wealth management services when they come with fixed objectives. So, be very careful and don’t take chances when it is about management your wealth and investment portfolio.

If you are interested on more information, please visit the following website: wealth management.

Banking

E-Loan Online Banking

The E-Loan Online Banking is one of the safest and securest of all the online banks for investing your money with. At E-Loan they use a SSL server that will confirm your connection each time you log in. This connection is encrypts all of the data and information so no outside party can view its contents.  This is done with a 128 bit encryption.

This is what you would expect from an online bank that has made it mark in the financial community as providing a safe and convenient way for people and business to conduct their financial matters online.

This financial institution obtained it reputation by offering great interest rates on mortgages and car loans. Today they have expanded their financial services to also include savings and certificates of deposit accounts.

The current bank rates include a tiered format for their online savings accounts. The minimum deposits are $ 5,000, $ 10,000, $ 25,000, $ 50,000 and $ 100,000. The APYs are 0.15%, 0.45%, 0.50%, 0.55% and 0.65% respectively. For all balances below $ 5,000, the account will earn an APY of 0.05%.

The CD rates include 1 month CD that is earning an APY of 0.15%. The 2 month CD is earning an APY of 0.20%. The 3 month CD is earning an APY of 0.25%. The 6 month CD is earning an APY of 0.30%. The 9 month CD is earning an APY of 1.05%.

The 1 year CD is earning an APY of 1.26%. The 18 month CD is earning an APY of 0.75%. The 2 year CD is earning an APY of 1.00%. The 3 year CD is earning an APY of 1.15%. The 4 year CD is earning an APY of 1.35%. The 5 year CD is earning an APY of 1.90%. The 6 year CD that is earning an APY of 2.00%.

This is what E-Loan Online Banking has to offer. All rates are current as of June 2, 2011 but are subject to change without notice.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.  Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

For you to learn a lot more regarding CD Rates Interest, Bank Rates, Sovereign Bank Online, CD Rates, SunTrust CD Rates, Chase Online Banking, Online Banks, Westpac Online Banking, CD rates, PNC Online Banking, chase CD rates from Author pay a visit to – http://onlinebanksblog.weebly.com

Article Source : http://www.onlinebanksblog.com/best-money-market-accounts/

Author publishes articles regularly concerning investment and finance matters. For you to learn a lot more regarding CD Rates Interest, Online Banking, Sovereign Bank Online, CD Rates, SunTrust CD Rates, Online Banks, Westpac Online Banking, CD rates, PNC Online Banking, chase CD rates from Author pay a visit to – http://onlinebanksblog.weebly.com/

Banking

The History and Evolution of Private Banking

There is absolutely no doubt about the fact that more and more people are now interested in private banking. Simply put, private banking is all about offering custom-designed banking services to wealthy clients. Although servicing corporate clients has always been the core business area for banks, more and more banks are now also paying more attention to managing the assets of wealthy individuals. It is worth mentioning that there is an increased demand for these private banking services because households are now also expressing their interest in getting tailored financial advice.

Since private banking has become a lucrative banking segment, you can see several asset management firms entering the industry. However, it’s important to mention that things haven’t been so good for these private banks in the past. It has taken many years for banking services to attract people. But these services have a rich and interesting history.

The services most private banks offer trace their roots back to 2,000 B.C. The industry was then taken over by the ancient Greece. That was the time when government and private bankers specialized in changing of coins, money lending, letters of credit, and paying interest on deposits. Here, it is important to point out that in ancient Rome banking was always a private enterprise that was carefully regulated by law. It went like this until Augustus, who was the first emperor of Rome. He changed everything and cornered the market.

The next phase started with the fall of the Roman Empire when private moneyed individuals were asked to deal with all matters related to money. This was the time when “poverty banks” came into being and lasted until the 8th century. However, there was another change around the corner with the churches taking control and monopolizing the banking sector. It stayed like this from the 8th to the 13th century.

It was in 14th century when Switzerland, which is still considered a banking hub, started taking part in the evolution of private banking. It didn’t take long for Geneva to become an important trading center in the 14th century, which was mainly due to its perfect geographical position in the center of Europe.

Things continued to evolve like this and more and more private banks started offering unique services to affluent clients. These services were different from what you expect from a typical banker. The assistance they offered was to deal with different tasks such as assisting a trustee likely to violate the terms of trust due to family pressure, overseeing the restoration of a client’s vacation home, delivering currencies and passports to rich travelers, and so on.

Today, most private bankers are only concerned about helping their clients manage their wealth in the right way. That’s why they call their profession “wealth management”. But you will also find some private bankers metaphorically typify themselves as boards of directories for affluent clients and families.

The fact of the matter is that private banking has gone through some interesting phases and the history is full of vicissitudes. But one thing is for sure that the availability of these services is nothing less than a blessing for affluent clients who find it difficult to manage their wealth.

Get more information about Alfredo Piacentini and how he has helped develop Banque Syz. Alfredo Piacentini Banca Albertini Syz & C. S.p.A. is one of the top private banks in Switzerland.

Banking

New banking services that appeal to the younger generation

The economic fall-out has caused many Americans to take an “entrepreneurial” approach to earning money. That is, they have had to think outside of the box, employing alternative mind-sets to that of paid office and factory workers.

 

School-leavers, the unemployed and the self-employed spend most of their days hunting jobs or “new business”. They don’t have the time or money yet, to view “branch banking” as a necessity. Waiting, indeterminably, in a long line to see a Teller can be very frustrating, especially for a self-employed person whose valuable business hours are ticking away.

 

This new colony of young freelancers, entrepreneurs and self-starters are more interested in the  products and services that will enhance their businesses, such as: high-yield, interest checking accounts, and the newest portable devices. These people don’t normally have cash flow, but will readily put aside the funds necessary to purchase the latest in Smart technology, if they believe their businesses will benefit.

 

This has opened new “avenues” for banks, like Texas Gulf Bank; to promote  traditional services like high interest checking accounts to this “demographic- on the move”: the young professionals, by using mobile banking technology.

 

Mobile banking is a relatively new technology that allows customers to carry out cash-less transactions from their mobile/Smart phones. There would be no need to come into the branch and speak to a representative as the selected mobile banking technology (which can be stored on the phone, or run over WAP) is capable of handling all queries adequately and confidentially.

 

This new bank service should be the perfect match for the fast-paced lifestyles of these young, up-and-coming professionals. Though 80% of American households have Internet access, less than half that amount use this facility with any consistency. With more predicted to join the ranks of business start-ups, even less individuals will have the time to do their banking online. This is what makes mobile banking so ideal.

 

Along with their high interest checking account Texas Gulf Bank will also give new and existing customers access to other types of bank accounts, through their mobile phones. Customers will also be able to do the following transactions: check their balance, pay bills, funds transfer, and receive text alerts. There are also GPS capabilities: customers will see maps, showing them to the nearest ATMs and branch offices.

 

Mobile banking is a convenient and smart way for business owners to access their bank information; and for banks to get to a new stage of capital growth. This service definitely has appeal for the younger generation who never before understood the value of opening high interest checking accounts, but will now have the opportunity thanks tothe availability of mobile banking through Texas Gulf Bank.

Ray Subs is a public relations consultant and a regular contributor to this website.

For more information on high interest checking accounts available through mobile banking, please visit: TexasGulfBank.com

Banking

Why International Banking Is Good For Businesses

The emergence of the global economy has seen the growth in the use of international banking facilities for both travelers and businessmen. Regardless of your reason for traveling, you will require a certain amount of money to facilitate your stay and traveling expenses. The aggressive entrepreneur will also benefit from services offered by globalized banks which mainly revolve around borrowing and investing. The borrowing options involved are both long term and short term.

International banking has greatly facilitated and improved the lives of these two categories of people through provision of the following facilities; payment accounts, debit cards, personal and corporate accounts and money lending opportunities. Payment accounts will enable you to pay your suppliers and other business expenses on time. Facilities like debit cards will enable you to purchase stock and other merchandise on credit.

There are many benefits which will accrue to you from using international banking services. If you hold offshore accounts you will benefit from relaxed tax rules. Relaxed rules mean that you will get income tax relief from your savings accounts as offshore savings accounts are not subject to income tax. The gross amount of your savings will earn high interest rates thereby giving you more income.

There are various loopholes in global banking which can enable you to avoid paying taxes. Knowing such loopholes will enable you to identify ways of avoiding but not evading tax. Besides this offshore accounts earn better interest rates than domestic banks.

Global banking will facilitate your business operations as you can use one bank for all your transactions thereby eliminating the need for maintaining numerous bank accounts. You can also access other financial services offered by the global banking industry like payroll processing and credit lending facilities. Global banking also solves the challenges faced when importing and exporting products from your domestic market to international markets. The issue of unmatched interest rates is also solved.

Global banking offers a good yardstick for making a comparison in interest rates between global and domestic markets. This means that you get competitive rates from international borrowing as compared to domestic borrowing. It is advisable to borrow from international banks as compared to domestic banks since international markets are less affected by fluctuations in the domestic market brought on by incidents like drought, natural disasters and high fuel prices which generally increases the operational expenses of businesses and also lowers the appetite of domestic investors who may want to invest in local stock markets.

Finally, international banking gives a platform for interaction through business and cultural exchanges which greatly fosters business thereby leading to global development.

Are you interested in banking offshore? Be sure to visit Offshore Banking Network to get accounts in off shore banks.

Banking

Understanding the pros and cons of baby cord blood banking

The concept of cord blood banking is however not very recent. The very first transplant of cord blood was performed by Gluckman in the year of 1988. Cord blood bank is the place which stores cord blood to be used in the future against several chronic diseases. While parents think about going for cord blood banking, they usually get trapped in a huge confusion about which one to choose from. The baby cord banks can be categorized as private and public banks. Public banks accept blood donation and provide to those in need. Private Banks let families to preserve blood at a fixed price. However, one must be clear about the pros and cons of both of them to make an informed decision.

The public baby cord blood banking provides several services to the donors. These do not charge any fees from the donors. The blood stored in such banks is further used for the several medical researches. These make their every possible effort so that these banks would be easily accessible for the public. In addition, when more and more people would donate the cord blood, doctors will also consider offering free of cost services. However, it is not a surety that cord blood donated would be available at the time of emergency. Furthermore, nothing can be said about finding a suitable match and even a match is found, the chances of rejection are high. The donor is not provided with the authority to object even if their blood sample is being donated to some other.

On the other hand private cord blood banking provides umbilical cord blood especially for the use of family.  It is useful when family requires sample for stem cell transplant, they can easily get it through these private bank. There is no fear of rejection and the success rate of the transplants increases to double rate. The choice of donation of the sample is only of the donor family. It is not only used for treatment of infants but there is a possible chance for the cure of family also. There are some charges for the collection and further storage of the blood banking in private units. During the transplant person’s own cord blood is not sufficient most of the times.

In addition, the insurance companies do not cover the charges for storage and collection. Compare cord blood banks and it is will be clear that private banks are offering successful services as compared to public banks. Before donation of umbilical cord blood it is essential to take some time and include the whole family in the decision.

This article is written by Jackson daren this is having topics on baby cord blood banking, private cord blood banking, Compare cord blood banks and many more. For more: http://cryocell.blog.com/