And of a truth, for the immense majority of Frenchmen, a minute description of some part of the machinery of banking will be as interesting as any chapter of foreign travel.
This surreptitious banking system defies all the ingenuity of the Inland Revenue Department.
The banking system also collapsed, and Ecuador defaulted on its external debt later that year.
Saint Vincent is home to a small offshore banking sector and has moved to adopt international regulatory standards.
The actual size of this grey - largely cash - economy is difficult to calculate since the money does not pass through the hands of tax authorities or the banking sector.
The island nation has been able to attract foreign business and investment, especially in its offshore banking and tourism industries.
Other problems include a weak banking system, a poor business climate that discourages both domestic and foreign investors, corruption, and widespread lack of trust in institutions.
In the absence of a formal banking sector, money exchange services have sprouted throughout the country, handling between $500 million and $1 billion in remittances annually.
At that date Wall Street was a banking district, small indeed when compared with its present condition, but important in its relations to the commerce of the nation.
During this period a relatively enormous quantity ofbanking capital had located itself in and near Wall Street.
During the earlier part of this century the banking interests of Wall Street quite overshadowed those of the stock market.
They have performed in banking too many helpful actions in furtherance of civilization to be eclipsed without sincere regret.
American banking bubbles have always been exactly similar to the English South Sea bubble, and to Law's bank in France.
Table Two, dealing with State Banks, is given merely to round out our banking history as told in figures.
Money will have become actually or potentially scarce because of the previous vast expansion of our business, and all the banking power of our country will be requisite to prevent a crashing panic.
It is hard not to overstate the vast re-assurance offered to business by linking together the banking power of the country through the Reserve Bank system.
From the technical point of view of the banking business, neither of them had any objection to being in Smith's Hotel or to taking a drink as long as the other was present.
As he explained to the rector himself, the banking business nowadays is getting to be such that a banker can hardly call even his Sunday mornings his own.
The immediate result of this discovery is that I'm buying clothes with a reckless disregard of the state of my banking account.
As for the gold find--well, I'm not banking on that.
Banking system consists of Bulgarian National Bank and subordinated Bulgarian Foreign Trade Bank and the State Savings Bank.
Official statistics are limited to annual data on bank credits for investment and on the volume of outstanding short- and long-term loan balances for the banking system as a whole.
The statebanking system and, more particularly, bank credit have also served as tools for the control of enterprises and trusts.
This department was written for business men who have dealings with banks rather than for employees of banking houses.
On paper and not only on paper, under any other system of banking in the world, I would be worth twenty-seven millions of dollars.
With the opening of the Stock Exchange the havoc began, for with the threatened collapse of gigantic banking systems orders came pouring in from all over the country to sell at any price.
Though banking had been well started in the Middle Ages, it was still in an imperfect state of development.
At this time banking was {519} closely dependent on public loans and was therefore the first great business to be established on the capitalistic basis.
Sidenote: Commerce] Whereas, in banking and in mining, capital had almost created the opportunities for its employment, in commerce it partly supplanted the older system and partly entered into new paths.
As all these deposits were subject to be withdrawn at sight, and as the firms usually kept a very small reserve of specie, it would seem that banking was subject to great risks.
Sidenote: Great firms] Though the Italians invented modern bankingthey were eventually surpassed by the Germans, if not in technique at least in the size of the firms established.
Sidenote: The Netherlands] While the towns of southern Germany were becoming the world's banking and industrial centers, the cities of the Netherlands became its chief staple ports.
These processes seem simple and are now universal, but how vastly they facilitated the development of banking and business when first discovered can hardly be over-estimated.
They made great loans at home and abroad, and it was the interest on these that expanded the banking business until it became an international power.
He carried on a large banking business, he loaned money to emperors and princes, he bought up mines and fitted out fleets, he re-organized great industries, he speculated in politics and religion.
The present system of banking violates the established principles of currency, and is in utter contradiction to what, for a decade, by consent of all parties and financiers, was the policy of the Government.
Blank bail bonds were signed by the Mellon banking firm and filled in by the defendants.
The old state banking system prevailed, and speculation of every kind was rampant.
All these duties kept me fairly busy, but I still had time to learn something of bankingas a business, and of the transactions which took place behind the counters.
I enjoyed my work, and was more convinced than ever before that banking was the career for which I was best fitted by nature.
I had visited every banking house several times in search of a position, for I was convinced that banking ought to be my career, and I was a familiar applicant to all the officials.
I was obliged to keep the front sidewalk clear of dirt in the summer and of snow in the winter, and had to sweep the floor of the banking room daily, and dust the desks and furniture frequently.
He had founded an extensive banking business, branches of which extended through Flanders and France.
The founder of this banking house, Diego Texeira de Mattos, was called in Hamburg, like Joseph of Naxos in Constantinople, "the rich Jew.
Their capital enabled them to carry on trade, for the most part on a large scale, and they were interested in the East and West India Companies, or conducted banking houses.
This discrimination has produced here the most disastrous consequences, and, independent of the present condition of the country, our whole banking system requires radical reform.
It is the plan of an uniform circulation, furnished by the Federal Government to banking associations organized by Congress, securing prompt redemption by the deposit of the same amount of U.
A few months ago I sat in the banking office of Mr. William E.
The opinion held in banking circles was that if the invasion should unfortunately prove disastrous to England, and Germany demand a huge indemnity, there was still hope, however small.
Therefore there was little or nothing for the banks to do, and Lombard Street, Lothbury, and the other banking centres were closed, as though it had been Sunday or Bank Holiday.
Therefore what the French by sound bankinghad been able to do, there was no reason why English bankers could not also do.
Numbers of foreigners tried to speculate heavily, but were unable to do so, for banking being suspended they could not obtain transfers.
Lombard Street, Lothbury, and otherbanking centres in the City had all day on Monday been the scene of absolute panic.
If this is done, the amount of business done by these local banks will be greatly increased and the coöperative principle in banking will be greatly strengthened.
Our banking system has been developed to meet the needs of the business world, and the period for which loans can be made is too short to meet the needs of the farmer, who often requires credit for six months to a year.
Joyce wanted me to bank my money," he said; "but none of your banking rogues for me.
As soon as possible I went to his bankingoffice and asked for a conference.
I learned afterward that bankingwas only one form of gambling.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "banking" in a variety of sentences. We hope that you will now be able to make sentences using this word.
