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Finacial Services

Paper details:

Project Assignment 2
:
Objectives and Services
For this project assignment, you need to establish
goals and objectives
for the Marques BBS Bank.
You will also need to highlight the range of
limited service facilities
the bank would be prepared to offer and advise on
suitable
branch locations
.
This project assignment will
make up
part
of
your Course
Project
.
See Page 8 for Guidelines.
Project Assignment 2: Objectives and Services

3

Marques BBS Bank Plc is a city centre bank in your locality*.
It
was established as a result of a merger in 1995. Marques BBS
has numerous bank branches and ATMs located regionally and nationally, offering a number of limited facility services. As of
2012  the  bank  amassed  13  million  personal  customers  and  small  business  accounts.  The  bank  offers  a  full  range  of  banking
services for both personal and business banking facilities.
Marques BBS Bank Plc:
?
Employs more than 75,000 people
?
Holds approximately 2,000 branches
?
Holds approximately £1,250, 00b in assets
Project Assignment 2: Objectives and Services

4

General Facts
?
The Marques BBS foundation supports local, regional and national charities
;
?
Offers a personal service and wealth advice for general and long-term investing, including retirement planning;
?
Provides comprehensive expert financial services to businesses;
?
Also caters for businesses with over £10 million turnover;
?
Has a broad range of products and services for customers traveling abroad for personal or businesses reasons.
Mission Statement
“Our  mission  is  to  help  build  strong  and  sustainable  communities  by  upholding  collaborative,  innovation  and  healthy
relationships with the community in which we work.”
Vision Statement
“Marques BBS vision is to strive to be th
e best financial institution employees can work for, in addition to being the number 1
bank choice for its customers.”
*In 2011, Marques BBS Bank contributed over £12 million to over 2,000 organizations. Employees of the bank also volunteered
in numerous programmes to help those in their community.

Diploma in Financial Services
The Changing Financial Service Sector
?
Holding Company Organisations
The Changing
Financial Services Sector
Fitzwilliam Institute
Group

2

Objectives
After completing this topic, you should have an understanding of:
?
Small and large banks
?
Financial holding companies (FHC
)
?
Banking trends in Europe
?
Financial objectives
The Changing
Financial Services Sector
Fitzwilliam Institute
Group

3

Introduction
The following topic provides detailed definitions on the term ‘banking holding company’ and ‘financial holding company’,
giving examples of holding companies in the US and highlight
ing their advantages as well as their evident disadvantages. This
topic also discusses reasons behind the growth in holding companies over the past few decades, and the impact organisational
structure  places  on  profits  gained  and  efficiency.  This  topic  als
o  gives  a  brief  introduction  into  the  future  of  the  banking
industry
.
The Changing
Financial Services Sector
Fitzwilliam Institute
Group

5

Growing Number of Bank
Holding Companies
In recent years, there has been a marked increase in the number of holding companies,
as a result of
:
?
Greater ability to raise funds and access ‘Capi
tal Markets’ (gaining long term funds by dealing in stocks, bonds and other
forms of investment);
?
A bank holding company’s ability to access greater debt capital (through taking out a loan) compared to equity capital
(money does not have to be repaid) in c
omparison to financial firms independent of bank holding companies;
?
Their  tax  benefits:  bank  holding  companies  are  able  to
balance
profits  raised  from  one  business  within  the  holding
company, with losses accumulated by another financial firm also affilia
ted with the same company;
?
Their authorisation to incorporate non

banking businesses.
The Changing
Financial Services Sector
Fitzwilliam Institute
Group

6

Bank Holding Companies
in
the
US
The  following  table  (as  illustrated  by  Rose  &  Hudgins)  represents  the  largest  bank  holding  companies  active  in  the  US.
Typically,
the  majority  of  holding  companies  own  just  one  bank  in  addition  to  other  non

bank  financial  institutions.  Only  a
small percentage of bank holding companies acquire more than one bank, however these holding companies hold nearly 70%
of total assets in the
US banking system.
Bank Holding Company
Headquarters
Total Assets ($Bill)
Citigroup, Inc
New York
$2,221
Bank of America Corporation
North Carolina
$1,536
J P Morgan Chase & Co
New York
$1,458
Wachovia Corporation
North Carolina
$720
Taunus Corpor
ation
New York
579
Wells Fargo & Company
California
540
HSBC North American Holdings Inc
Illinois
484
US Bancorp
Minnesota
223
SunTrust Banks Inc
Georgia
180

Diploma in Financial Services
The Changing Financial Service
s
Sector
?
Unit Banking & Branching
The Changing Financial Services Sector
Fitzwilliam Institute
Group

2

Objectives
After completing this topic, you should have an understanding of:
?
Unit banking organisation
s
?
Branching organisations
?
Limited
service facilities
?
Top bank profiles

Sample Answer

Compelling correspondence is essential to the achievement all things considered but since of the changing idea of the present working environments, successful correspondence turns out to be more troublesome, and because of the numerous impediments that will permit beneficiaries to acknowledge the plan of the sender It is restricted. Misguided judgments.In spite of the fact that correspondence inside the association is rarely completely open, numerous straightforward arrangements can be executed to advance the effect of these hindrances.

Concerning specific contextual analysis, two significant correspondence standards, correspondence channel determination and commotion are self-evident. This course presents the standards of correspondence, the act of general correspondence, and different speculations to all the more likely comprehend the correspondence exchanges experienced in regular daily existence. The standards and practices that you learn in this course give the premise to additionally learning and correspondence.

This course starts with an outline of the correspondence cycle, the method of reasoning and hypothesis. In resulting modules of the course, we will look at explicit use of relational connections in close to home and expert life. These incorporate relational correspondence, bunch correspondence and dynamic, authoritative correspondence in the work environment or relational correspondence. Rule of Business Communication In request to make correspondence viable, it is important to follow a few rules and standards. Seven of them are fundamental and applicable, and these are clear, finished, brief, obliging, right, thought to be, concrete. These standards are frequently called 7C for business correspondence. The subtleties of these correspondence standards are examined underneath: Politeness Principle: When conveying, we should build up a cordial relationship with every individual who sends data to us.

To be inviting and polite is indistinguishable, and politeness requires an insightful and amicable activity against others. Axioms are notable that gracious “pay of graciousness is the main thing to win everything”. Correspondence staff ought to consistently remember this. The accompanying standards may assist with improving courtesy:Preliminary considering correspondence with family All glad families have the mystery of progress. This achievement originates from a strong establishment of closeness and closeness. Indeed, through private correspondence these cozy family connections become all the more intently. Correspondence is the foundation of different affiliations, building solid partners of obedient devotion, improving family way of life, and assisting with accomplishing satisfaction (Gosche, p. 1). In any case, so as to keep up an amicable relationship, a few families experienced tumultuous encounters. Correspondence in the family is an intricate and alluring marvel. Correspondence between families isn’t restricted to single messages between families or verbal correspondence.

It is a unique cycle that oversees force, closeness and limits, cohesiveness and flexibility of route frameworks, and makes pictures, topics, stories, ceremonies, rules, jobs, making implications, making a feeling of family life An intelligent cycle that makes a model. This model has passed ages. Notwithstanding the view as a family and family automatic framework, one of the greatest exploration establishments in between family correspondence centers around a family correspondence model. Family correspondence model (FCP) hypothesis clarifies why families impart in their own specific manner dependent on one another ‘s psychological direction. Early FCP research established in media research is keen on how families handle broad communications data. Family correspondence was perceived as an exceptional scholastic exploration field by the National Communications Association in 1989. Family correspondence researchers were at first impacted by family research, social brain science, and relational hypothesis, before long built up the hypothesis and began research in a family framework zeroed in on a significant job. Until 2001, the primary issue of the Family Communication Research Journal, Family Communication Magazine, was given. Family correspondence is more than the field of correspondence analysts in the family. Examination on family correspondence is normally done by individuals in brain science, humanism, and family research, to give some examples models. However, as the popular family correspondence researcher Leslie Baxter stated, it is the focal point of this intelligent semantic creation measure making the grant of family correspondence special. In the field of in-home correspondence, correspondence is normally not founded on autonomous messages from one sender to one beneficiary, yet dependent on the dynamic interdependency of data shared among families It is conceptualized. The focal point of this methodology is on the shared trait of semantic development inside family frameworks. As such, producing doesn’t happen in vacuum, however it happens in a wide scope of ages and social exchange.

Standards are rules end up being followed when performing work to agree to a given objective. Hierarchical achievement relies significantly upon compelling correspondence. So as to successfully impart, it is important to follow a few standards and rules. Coming up next are rules to guarantee powerful correspondence: clearness: lucidity of data is a significant guideline of correspondence. For beneficiaries to know the message plainly, the messages ought to be sorted out in a basic language. To guarantee that beneficiaries can without much of a stretch comprehend the importance of the message, the sender needs to impart unmistakably and unhesitatingly so the beneficiary can plainly and unquestionably comprehend the data.>

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