Financial institution
Summary
In financial economics, a financial institution is an institution that provides financial services for its clients or members. Probably the most important financial service provided by financial institutions is acting as financial intermediaries. Most financial institutions are highly regulated by government.Broadly speaking, there are three major types of financial institutions:Financial institutions provide service as intermediaries of the capital and debt markets. They are responsible for transferring funds from investors to companies in need of those funds. Financial institutions facilitate the flow of money through the economy. To do so, savings arisk brought to provide funds for loans. Such is the primary means for depository institutions to develop revenue.
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Ingenious Media launches £10m fund
Ingenious Media, the media finance company run by Patrick McKenna, is to launch a new £10m investment fund - as it invests £1m in an online business which aims to take live theatre to the classroom and beyond.
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Times independent directors are not independent and should resign
When James Harding "resigned" as editor of The Times a month ago he told the paper's journalists:.
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Analysts give Facebook cautious nod
Wall Street's top financial firms have delivered assessments of Facebook.
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Recorded Future raises $12m for predictive aggregation [with explanatory videovideo]
Recorded Future, a news and social media content aggregator, has raised $12 million in venture capital, led by Balderton Capital.
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Ageas : Regulated information - Resolutions of the Ordi...
4:42 PM: (AGS) Regulated information - Resolutions of the Ordi. . .
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Want FreeMonee? U.S. Bank Partners With 'Gift Network' Startup
When a company calls itself FreeMonee, you've got to be at least a little suspicious, right?.
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When Uncle Sam plays banker
Today’s lesson on How America Really Works begins with a question: What is the largest and most influential financial institution in the world? It’s not J. P. Morgan, or even Goldman Sachs. It’s the U. S. government.
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Monitise acquires Clairmail in $173 million mobile payment consolidation
Clairmail Inc. is being acquired by Monitise plc in a deal valued at $173 million, a consolidation in the mobile banking and payments industry as it enters the mainstream of developed countries.
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Risk of Insuring Against Default Reaches New Highs, Says S&P Capital IQ Report
NEW YORK, Feb. 27, 2012 /PRNewswire/ --Recent widening in five-year credit default swap (CDS) spreads for systematically important financial institutions (SIFIs) and their sovereigns have resulted in record high costs for insuring against default risk, says a new S&P Capital IQ. . .
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Tea break anyone? NUJ urges journalists to work their hours today
The NUJ is urging journalist to “work your proper hours” today claiming that some 49,250 media professionals work an average of 7. 4 hours a week of unpaid overtime. The figures, based on TUC research, place media workers fourth in league table of professionals who work beyond their job description and requirements. NUJ general secretary Michelle Stanistreet said: “Cuts [.
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