The banking system operates as a fractional reserve system in which only a portion of the banks deposits are held in reserve. The Fed sets a lower limit for the fraction of deposits that must be held in reserve: the reserve requirement ratio. Since banks earn profit by lending at higher interest rates than they […]
This short video provides an introduction to a bank’s income statement and the concept of income statement in general.
This video provides an introduction to how a bank works and how they make money. It takes simple examples to explain the core business of taking deposits and lending money.
The following is the list of top 50 banks in the world for the year 2010. The banks have been ranked by their total assets. World’s 50 Biggest Banks 2010 Rank Bank Country Total Assets ($b) Statement Date 1 BNP France 2,964 12/31/09 2 Royal Bank of Scotland Group United Kingdom 2,747 12/31/09 3 HSBC […]