Category: Banking

Bank Reconciliation: Theft and Control Deficiencies Table of Contents Introduction Bank Reconciliation How the Fraud was Concealed Principles of Internal Controls That Were Violated Conclusion References Introduction Internal control is a vital process because it gives reasonable assurance about the activities of a company and compliance with laws and regulations. Control activities seek to minimize…

Starling Banks Environment and Resource Analysis Introduction Banks in the United Kingdom are generally associated with the Big Four and the traditional banking and financial accounting approach. However, since 2015, applicant banks have been actively obtaining a license, often without physical offices to serve clients occupying specific niches in lending, clearing, mortgages, and business financing…

Information Technology and Banking Sector Table of Contents Executive summary Introduction Impacts of IT on Banking Sector Conclusion References Executive summary The consumption of information technology (IT) resources by employing the functions of computers has elucidated incredible intensification in service industries. The effect on banking is evident in enhanced competence and output. This achievement comes…

Standard Chartered Bank Managing Human Resources Executive Summary This report is a case study on Standard Chartered, and the strength-based approach in the bank has been discussed with its benefits and also disadvantages. Another case study of the bank with comments from an HR Manager regarding the benefits of the approach has been included. The…

Information Systems Evolution in the Banking Industry Today, obvious global trends in the development of the world banking system are observed  an increase in the number of services provided by banks, an increase in the cost of financial resources, consolidation and geographical expansion of credit organizations. Moreover, the increased influence of modern scientific and…

Risk Management Strategies of Bank of America Introduction Bank of Americas (hitherto will be referred as BOA) management governance design facilitates it to administer all chief features of their business through review and planning process that involve risk, strategic, associate, customer and financial planning. BOA is able to enhance its profitability by administering risks on…

DBS Banks Digital Transformation Strategy Introduction DBS, Asias largest bank, was failing due to several factors; however, top on the list was how the bank was slow. The bank had gained a bad reputation in public, and thus, the introduction of new management changed everything. The management started digitizing the bank and changing its operations…

Barclays Banks Talent Management Introduction The productivity of a company is dependent on its ability to proactively organise its human resource management strategy. As a matter of fact, labour is a vital factor of production that quantifies the performance, output, and goal achievement with optimal use of available inputs. The Barclays Bank in Stanford has…

Bank of America Launching New Online Services The introduction of innovative new services helps firms to survive in the industry and succeed in their operations. The process enables businesses to increase their market shares, improve performance outcomes and adapt to various market situations in which they operate. In addition, the launch of new services is…

Bank Street Curriculum: Implementation and Assessment The most important period of development and character formation in anybodys life is his/her childhood. The school and the curriculum through which the child passes during his kindergarten years play a vital role in the development of his faculties and talents for preparing him for his future life. The…