In the UK, an Independent Commission on Banking, headed by Sir John Vickers, rejected separation of retail from investment banking, recommending instead ring fencing deposits from the investment arms of universal banks.

In banking, the trust busters won the day with the Glass Steagall Act of 1933, which divorced commercial banking from investment banking and guaranteed bank deposits.

In the blue corner sit US Treasury Secretary Tim Geithner and his British counterpart, Alistair Darling, who argue that a revival of the Glass Steagall Act, which divided investment banking from commercial banking, is not appropriate for today s markets.

General Services Unit

Issuance_____ Renewal_____ Duplicate_____

As a result, investment banking operations might need to be rescued if they pose a systemic threat.

Is Traditional Banking Unbreakable?

Chief of General Services (P 5)

Habib Group were pioneers in introducing banking to Pakistan.

Multan, has around 10 branches including an Islamic Banking Branch.

The Administration continues to take action to ensure that proper banking services are in place.

TRANSNATIONAL CORPORATIONS IN SERVICES, INCLUDING BANKING

From that point on, commercial and investment banks could merge, and the composite entities were authorized to provide a full range of banking services, including underwriting and other trading activities.

5. Transnational corporations in services, including banking.

The Lebanese economy is service oriented main growth sectors include banking and tourism.

IV. TRANSNATIONAL CORPORATIONS IN SERVICES, INCLUDING BANKING . 21

These services include international transportation and telecommunications, petroleum distribution, banking and finance.

20.31 The Office of the Executive Secretary includes the Information Services Unit.

And those phones are helping to bring banking, health care, education, business, government services, and entertainment to the poor.

Provision is made for miscellaneous services, including bank charges and legal fees.

(b) The Limited series, the serial number of which is preceded by the letter L. This series comprises documents of a temporary nature such as draft resolutions and amendments thereto.

Mrs. Jenifer Dilbert, former inspector of banks and trust companies, was appointed head of the Financial Services Supervision Department and Inspector of Financial Services. 27

Investment balances

Trust funds

This service must be provided with the specialized equipment required to carry out its tasks.

Training Unit 1 P 3 and 2 General Service

The Commission took note of the report of the Secretary General on transnational corporations in services, including banking (E C.10 1993 6).

Reduction in miscellaneous services pertains to lower than anticipated requirements for insurance, bank charges and freight.

Such changes put pressure on universal banks to abandon riskier investment bank activities in order to operate more freely.

Non investment costs

Miscellaneous services include high bank charges paid outside Somalia since there are presently no banking facilities available in Somalia.

Services provided include assistance in accessing appropriate bank institutions, real estate providers, construction companies, and insurance entities.

In December 2004, the Government of Mauritius submitted to the CTC, a list containing its assistance needs in various sectors (Banking, Financial Services, Passport and Immigration, Police and Customs).

The P 4 post was assigned to head the Arabic Language Unit, and one of the six General Service posts was allocated to each language unit.

Abbreviations WT 732, Notice that bank credit has been received WT 812, Recording of credit item received on bank account by Accounts Unit, Financial Services Section.

Bank secrecy

The Banking Conundrum

Banking

Bank signatories

C. Bank interest 621

C. Bank interest

Under the new rules, the Monetary Authority now recognizes limited purpose bank branches at which a limited range of services is offered.

Miscellaneous services relate to freight and related costs, general insurance, bank charges, taxi fares and other sundry charges.

In the United States, we have everybody needs a banking service, but very few of us are trying to buy a bank.

And the credit crunch for non investment grade firms and smaller firms, which rely mostly on access to bank loans rather than capital markets, is still severe.