Category Archives: Banking

Banking

Recruitment Procedure for Banking Sector – 2011

The post of Bank PO is offered by the banking sector of India. The job of a bank po is to manage all the important functions of the bank and ensure its smooth functioning. A Bank PO is given huge responsibilities and looked upon with respect. Especially, in a public sector bank, the post of a bank po is highly lucrative and tags along additional exciting incentives. This has made it the career choice of India today, where most of the youth has left behind the career options that dominated earlier and are now inclined towards this fastest growing sector. However, the banking sector has ensured that the best candidates are chosen for this post. Giving a post like that of Bank PO is a major responsibility. The post demands a knowledgeable person with strong personality and who avoids working in a a rambunctious manner. For this purpose, the bank exams are prepared in such a manner that only a few individuals who are well prepared and highly responsible are chosen for this job. IBPS, one of the largest recruiters of the banking sector, has prepared the question papers for the recent exam, CWE to be conducted in 2011, keeping in mind the reputation of the post.

Institute of Banking Personnel is a well known organization. It recruits candidates for the banking sector through outsourcing. The question papers are also designed by IBPS. While preparing the syllabus and the question paper, the main aim of IBPS or any recruitment organization is to set up a standard which can only be crossed by individuals who have a high intelligent quotient and are well aware of their field. Another recent way to check the awareness of the candidate is the introduction of current affair questions in the question paper. For posts like Bank PO, a very capable individual is required to take up the responsibility. That person should have a high general awareness level, especially in context to the banking sector. The CWE in 2011 would also focus on recruitment of high quality individuals who are well aware of the rules and regulations of the job they are applying for and are also ready to accept challenges.

Thus, recruitment is a tough procedure. CWE in 2011, would be a tough call for IBPS and also the participants as well, who would have to prove themselves amidst the stiff competition due to larger number of seats. Current affair questions would constitute an important part of the question paper and the later interview session.

 

Get tips for bank recruitment , tips for Ibps recruitment  and read current affairs for bank po at jagranjosh.com

Banking

Banking Jobs: All Doom and Gloom?

 

At first glance, the news is not good for jobs in the banking industry. The biggest bank in the United States in terms of assets, Bank of America is to cut its staff numbers by 3500. They put this down to the global uncertainty in the financial sector and the fact that they are creaking under the weight of a problem loan portfolio in the region of $ 1 trillion. The bank is also trying to put their house in order to comply with the terms of the Volcker Rule.

This significant downsizing of banking jobs comes at a time when several banks around the world are looking to cut numbers; the 150 year old Swiss institution UBS, along with HSBC and RBS are laying off around 60,000 staff between them.

Closer to home, it is reported that there was a month-on-month drop in recruitment for the financial sector in the City of London of 10%, for the period of June to July 2011. That’s 18% down on last year. The number of new professionals entering the banking jobs market is also massively down by 44% from June, 14% down from the same time last year. This is not just happening in London, similar patterns are emerging in financial institutions across the globe. The big banks are concentrating on only recruiting the very best and retaining and promoting from within.

Improvement Ahead

The banks are obviously concerned over the financial turmoil we have witnessed recently but shouldn’t be too eager to lighten staff numbers. Things will improve despite what the media would have us believe. The major players in the big financial houses and treasury ministers won’t allow the whole house of cards to come tumbling down. The sort of brinkmanship we saw in the US, between Obama and the Tea Party Republicans, was played out as high drama but in the end it was farcical; they won’t bring down the world’s most influential economy just to score political points.

The Volcker Rule, intended as a measure to restrict own capital investment by banks and thus prevent a repeat of 2008, is so watered down it’s almost a publicity stunt to boost Obama’s waning popularity. Following considerable campaign donations by the likes of JP Morgan Chase and Goldman Sachs; Treasury Secretary Tim Geithner, former chief economist Larry Summers, and senior adviser Valerie Jarrett were always unlikely to bite the hand that fed them. In London, George Osborne is a friend of the banks and will do all he can to lighten the load of regulation.

The economy will bounce back, that is a given, as long as the major players don’t panic. The levels of recruitment into the financial sector will improve along with the economy. Banks shedding jobs will then have the expense of recruitment and training whereas the cannier institutions will be, right now, picking up the best of what has been recently cut loose and the best of those new to the jobs market.

Zero-One Design Ltd

Banking

Cord Blood Banking Gain with Less Financial Pain

As mums and dads to be, the healthy nurture of the growing life in the womb is of imperative importance to you right now.  From the second you first cradle your bundle of joy in your protective arms; its life will become the singular most precious thing in your worlds.  It’s not surprising that you have joined the ranks of the countless thousands of others who have felt exactly the same way that you now do.  They opted for the harvesting of their babies’ cord blood stem cells to be carried out during labor.  Congratulations upon choosing to do likewise.  Your baby is truly blessed to have parents as caring as you waiting to welcome it to Planet Earth.

Yet, despite your emotions running high and your pledges to give everything possible to your pride and joy in the making, there’s no shame in fessing up to any financial concerns that might be bothering you. Private cord blood banking costs You have more than enough concerns on your plate right now as you prepare for your new arrival.  Do yourself a favor and give yourself the financial peace of mind that your sums stack up.  The best services don’t always carry the heftiest price tags and the cheapest aren’t necessarily the worst.  So shop around and see for yourselves the deals that are out there to be bagged.

Having chosen to go private, you have already weighed up the stem cell facts and the medical benefits, both to your baby to be and potentially also any existing or future siblings.  Don’t get carried away and overlook the math.  Look for reputable cord blood banks who do special deals for new clients and returning clients.  Cryo-Cell, for example, offer great returning client rates not only to parents who have taken up their cord blood banking services for previous babies, but also to parents who have donated their babies’ cord blood to public banks in the past.

After fulfilling the cord blood preservation process, subsequent storage fees over numerous years can really rack up.  You can keep those additional dollars in your bank account, where they deserve to be, by securing a fixed annual rate for storage upon your enrolment in to your chosen plan.  Or you can sometimes secure a better rate by bulk buying and taking out a 21 years storage plan that will last until baby becomes a fully fledged legal man or woman.

Besides being a market leader that is not the most expensive around, Cryo-Cell Cord Blood Bank boasts more than a variety of payment plans to suit the financial circumstances of different clients.  It is the only cord blood service that has a unique relationship with Upromise and guarantees to donate 2you’re your annual storage and service fees directly in to your child’s college savings.  It’s a win: win way to look after baby’s future health and education in one small but perfectly formed package.

This article is written by Jackson daren this is having topics on cord blood stem cells, Private cord blood banking costs, cord blood banking services and many more. For more: http://cryocell.blog.com/

Banking

Cord Blood Banking Is More than Educated Guesswork

When gathering the stem cell facts and figures you need to make an informed decision about whether to bank or not to bank your baby’s cord blood privately, it is not an unlikelihood that you will encounter the opinions of a variety of detractors.  Go ahead and take a long, hard look at what they have to say.  After all, the decision is ultimately yours and yours alone to make.  You need to be logical and unemotional about it.

That might be easier said than done in practice, as pregnancy and preparation for your baby’s birth is perhaps one of the most emotive experiences you will have during your lives.  An unnecessary criticism leveled at highly experienced and professional umbilical cord stem cell collection specialists is that they resort to emotional marketing to scaremonger expectant parents like you in to enlisting their services.  Medical experts, the media and private individuals are all entitled to their own opinions, just like you are currently formulating your own. 

Fact – if you were able to look in to the future and predict whether or not your child might need stem cell treatments for serious diseases and illnesses, you might be making yourself vast amounts of money as a clairvoyant.  Your reasoning may be more immediately and categorically positive if certain diseases are hereditary in your family. Otherwise there is simply no way to tell.  The chance of your child falling ill might be 1 in 10, 1 in 100 or 1 in 1000.  Even if it is 1 in 1 million, surely it is worth giving some serious thought to the preservation of your baby’s stem cell rich cord blood. 

Scaremongering it is not – wise insurance it might well turn out to be.  There are no guarantees that your child will ever reap a return on your investment.  You are surely hoping and praying that they will never have to.  It’s really no different, in theory, than taking our insurance against damages to or theft at your home.  In practice, what you might have the opportunity to save is infinitely more precious than your material possessions.

When you study the track record of a market leader such as Cryo-Cell Cord Blood Bank, the evidence you might require to tip your scales in favor of cord blood collection is there in black and white.  Stem cells that they have preserved on behalf of parents and their babies have been successfully stored, retrieved and used in transplants to treat acute lymphoblastic leukemia, anoxic brain disease, aplastic anemia, diamond-blackfan anemia, T-Cell lymphoma and Sanfilippo Syndrome and Type 1 diabetes.  These treatments, all carried out between 2002 to the present date, have been administered both to children from whom the cord blood was collected and their siblings.  Do you suppose that their parents now feel that they were scare mongered or emotionally coerced to part with their hard earned dollars?

This article is written by Jackson daren this is having topics on umbilical cord stem cell collection, stem cell treatments, cord blood collection and many more. For more: http://cryocell.blog.com/

Banking

Cord Blood Banking Gain with Less Financial Pain

As mums and dads to be, the healthy nurture of the growing life in the womb is of imperative importance to you right now.  From the second you first cradle your bundle of joy in your protective arms; its life will become the singular most precious thing in your worlds.  It’s not surprising that you have joined the ranks of the countless thousands of others who have felt exactly the same way that you now do.  They opted for the harvesting of their babies’ cord blood stem cells to be carried out during labor.  Congratulations upon choosing to do likewise.  Your baby is truly blessed to have parents as caring as you waiting to welcome it to Planet Earth.

Yet, despite your emotions running high and your pledges to give everything possible to your pride and joy in the making, there’s no shame in fessing up to any financial concerns that might be bothering you. Private cord blood banking costs You have more than enough concerns on your plate right now as you prepare for your new arrival.  Do yourself a favor and give yourself the financial peace of mind that your sums stack up.  The best services don’t always carry the heftiest price tags and the cheapest aren’t necessarily the worst.  So shop around and see for yourselves the deals that are out there to be bagged.

Having chosen to go private, you have already weighed up the stem cell facts and the medical benefits, both to your baby to be and potentially also any existing or future siblings.  Don’t get carried away and overlook the math.  Look for reputable cord blood banks who do special deals for new clients and returning clients.  Cryo-Cell, for example, offer great returning client rates not only to parents who have taken up their cord blood banking services for previous babies, but also to parents who have donated their babies’ cord blood to public banks in the past.

After fulfilling the cord blood preservation process, subsequent storage fees over numerous years can really rack up.  You can keep those additional dollars in your bank account, where they deserve to be, by securing a fixed annual rate for storage upon your enrolment in to your chosen plan.  Or you can sometimes secure a better rate by bulk buying and taking out a 21 years storage plan that will last until baby becomes a fully fledged legal man or woman.

Besides being a market leader that is not the most expensive around, Cryo-Cell Cord Blood Bank boasts more than a variety of payment plans to suit the financial circumstances of different clients.  It is the only cord blood service that has a unique relationship with Upromise and guarantees to donate 2you’re your annual storage and service fees directly in to your child’s college savings.  It’s a win: win way to look after baby’s future health and education in one small but perfectly formed package.

This article is written by Jackson daren this is having topics on cord blood stem cells, Private cord blood banking costs, cord blood banking servicesand many more. For more: http://cryocell.blog.com/

Banking

The Approach Made Easy By Mobile Banking

Banking has now become user friendly with the new addition of facilities that banking provides to its customers nowadays. Mobile banking is one of the latest method of accessing bank accounts and related financial services with the help of mobile telecommunications. This method of banking has made life for many much simpler that it was in the earlier days where people used to line up in front of the bank for their turn to visit the manager or for queries.

Mobile banking enables one, get the answers to all their questions and even access their account directly over their cell phones right from the place they are in at that time instead of taking the pain of walking up to the bank. This service is mostly used for administering of accounts and to access customized information issued, balance checking, making payments, credit application etc by bank or the financial institutions. Mobile banking Services in India is known as M-banking or SMS banking.

Since the last few years the evolution of GPRS connection and the active usage of it has made it is for anyone and everyone to adopt mobile banking. Net banking was anyways bought to use since long but now it easier to be accessed, only through mobile banking. However, mobile banking is gaining popularity now only due to the outstanding development of the wireless networking technology and mobile banking facility provided by the banks, access to bank has become easier and  at any time mode and this innovation of latest technology has changed the banking scenario drastically.

One of the greatest benefits of this banking is it’s any time banking factor i.e. the user can access his/her account at any time and from anywhere, even he/she is on a move one can access the account. This flexible banking approach has made it easier for many to do their payments and check their credits and deposits and can even view details regarding their investments. This particular kind of banking allows the user to send and receive money from their mobile instantly and paying utility bills has now become very easy helping one save time by not having to stand in queue and save  energy by just doing so through their mobile phones as it’s confirmed as a secured platform.

To deal with certain issues was considered a risky task since user’s had to visit the bank innumerable times and make many requests for the task to be performed but now due to mobile banking it has become much easier since they can do all these tasks from their home or office itself:

Checking recent done transactions.

Requesting for change of pin numbers.

Lodging instruction for blocking stolen credit cards etc.

The facility of mobile alerts through SMS service has made it accessible for the bank to reach to their customers directly and faster. And all these tasks which were considered eventful, mobile banking has made it handy now.

Shilpika Ponnappa, Get more information on Mobile Banking, Secure Credit Card

Banking

Banking Jobs – Most Demanding Jobs

Banking Jobs has become a coveted career choice not only for students from commerce and economic background but for students with any academic background. Two of the major career options most coveted by people are Bank Clerks and Bank PO. Posts of Bank PO and Bank Clerks are high in demand, because of the good job profiles that these posts hold. They provide a steady income with flexible working hours which makes them highly coveted. Therefore, difficult exams are conducted to recruit candidates for these two posts, as these posts demand high responsibility.

Every year Bank Clerk and Bank PO exams are held, and based on their result many deserving candidates are recruited in the banks. Bank Clerk and Bank PO exam are being conducted by IBPS from this year (2011). The Institute of Banking Personnel Selection (IBPS) will organize the common written exam (CWE) for Probationary Officers / Management Trainees and Common Written Exam for Clerical Cadre in the Public Sector Banks (19 participating banks) to recruit candidates in 19 Public Sector Banks.

The questions asked in bank exams depend on the posts for which the exam is conducted. However, general knowledge questions cover one of the major portions of the bank exam questions. Therefore, one has to have good knowledge about the current affairs especially in the field of banking, trading and finance.  One can read newspapers and underline new words, later one can look up for them in the dictionary. Reading newspapers also helps increasing general knowledge which is an important section of the question papers of IBPS Bank PO and IBPS Bank Clerk Exam. There are model question papers available on the internet, which are very helpful. They help you get a gist of the kind of questions asked and the marking scheme of the question paper. The syllabus is vast and each subject needs to be given equal importance. You also need to work on your vocabulary as a separate section consists of vocabulary.

Many students end up failing in the bank exams even after through practice and study. One of the reasons for this might be that they are misguided about the preparation method or are uninformed about the exam pattern and marking schemes. Either of the mentioned reasons is a product of unawareness on the candidates part. You need to search for information related to the exam pattern and the kind of questions asked which would give you a gist of the pattern followed. Supplementary notes are very important which are easily accessible on the internet. In addition, it is important to be updated with the current changes in the syllabus if any

 

Download list of bank recruitment , list of Ibps recruitment and get tips for CWE then visit jagranjosh.com .

Banking

Why to Choose a London Banking Job

Banking jobs are considered as a respectable job all around the world and London being the financial center of UK and Europe is no exception to that. London is basically the banking hub of the world. This is because all European business organization that plays a major role in the market has at least one center is London and mostly the head quarters.

Not only that all the major companies of world that have a European center, prefer to set it up in banking jobs london. That is the reason why the financial transaction that takes place in London is more than any other place in the world and that is why banking is so much important.

London stock market also plays a major role in this. There are ample amount of bank jobs available in London ranging from frond office to back office to investment banking. If you are thinking of moving your base to London and worried about job then banking can open an avenue for you too. There are many field of work where the banks play a major role. With standard education you can qualify for one of them and it is not that tough to get a banking job.

Among all the banking jobs that are available today the job that is in demand is investment london banking jobs. An investment banker generally gets a high pay but there is a lot of responsibility on him.

Many companies want to raise money from investing in capital market and investment bankers are responsible for planning the investment on their behalf. After the recent recession that shocked the whole world the investment bankers were in high risk of losing the job but as the world is gaining its pace bank the job is again in demand. Banking jobs in London gives you a healthy living but the responsibility that it brings is inevitable.

 

For more information on banking jobs london, check out the info available online; these will help you learn to find the london banking jobs!

Banking

IBPS- Largest Recruiter in Banking Sector

Bank recruitment is a very tough and hectic procedure. It is a process that requires large amount of hard work by the recruiters as well as the candidates. However, the banks are not ready to compromise on the quality of its personnel. A well established autonomous body called he Institute of Banking Personnel has been set up which has undertaken the major responsibility of recruiting candidates through outsourcing. This institution has gained immense popularity in the recent times, one of the reasons for this growing success can be its recent achievement in the banking sector. After many years of planning and making strategies, it has finally got the permission to conduct Common Written Exam in 2011. This is the biggest achievement by Institute of Banking Personnel (IBPS), as these exams would be an entry ticket to 19 renowned public sector banks of India.

Institute of Banking Personnel works on international testing models like ETS. It has technologically advanced training programmes which help to understand the need of its customers in accordance to their potentialities in various fields. Another reason for its popularity is the treatment of its employees by IBPS. It is a well known fact that IBPS, by far is one of the largest recruiters in India, however not many are aware of the fact that it also supports promotion of its employees. It aims at the progress of its employees who are capable of facing challenges and take up new responsibilities.  It not only conducts exams but also organizes the interview that follows the bank exam. It has a fast technology printing machines which can print 100 sheets of data booklets and answer sheets per day, which has led to inclination of many banks towards IBPS to conduct exams.  It is buit by a strong faculty of experienced team members, who are professionals in various fields.  It is capable of conducting exams all over India, in over 150 towns for 300 thousands candidates in one session. This is possible only due to its large web of network spread throughout the country and its technologically advances mechanisms.

Thus, IBPS has made it much easier to conduct bank recruitment in various parts of the country and in any public sector bank of India. Its recent Endeavour, the Common Written Exams aim at taking its position to another level.
 

Download list of bank recruitment ,bank clerk recruitment 2011 , Bank recruitment 2011 and  IBPS  at jagranjosh.com .
 

Banking

Savings Rates with Online Banking

Current Trend in Savings Rates with Online Banking is not extremely attractive, but can offer the American investor a better option at this time than the certificates of deposits while still being a liquid account.

The safety of investing your money in the savings account is still the same with all deposits up to $ 250,000 being insured by the FDIC.

At this time the best online banks have to offer in terms of bank rates on savings account is 1.10% APY. This is currently being offered by 6 different financial institutions across America at this time. This includes the Discovery Bank, Chesapeake Bank, SmartPig, Sallie Mae, EBSB Direct and Seacoast Commerce Bank. What is different which each account is the minimum deposit required to obtain this APY. The associated minimum deposits required are $ 500, $ 1, $ 1, $ 1, $ 5,000 and $ 25,000 respectively.

All of these bank rates have been reduced frequently which follows the national trend of nearly every financial institution of lower their interest rates on all of their deposit accounts.

The next best bank rate is 1.05%. This is available at 3 different financial institutions across America at this time. This list includes Colorado Federal Savings Bank, Citizens National Bank and First Trade Union Bank. The minimum deposit required to obtain this APY is $ 25,000, $ 1 and $ 25,000 respectively.

The third best bank rate on a savings account from an online bank is 1.01% APY. This is obtainable from 2 financial institutions. They are iGobanking and Capital One Bank. The minimum deposits required to obtain these rates are $ 0 and $ 1,000.

There are other savings rates that are higher, but each one has restrictions like the APY of 2.01% from Bank2 has to be associated with a checking account from Bank2. The checking account will earn an APY of 4.01% on balances up to $ 15,000.

This is the current trend in Savings Rates with Online Banking for the month of August 2011. All rates are current as of August 22, 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 additional resources involving financial help, please view PNC Online Banking, best bank savings rates,Bank Rates, Westpac Online Banking at http://onlinebanksblog.weebly.com

Article Source : http://www.onlinebanksblog.com/current-trend-in-savings-rates-with-online-banking

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