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CIT Group Turns Profit Since Bankruptcy Protection
The CIT Group Inc., a New York based business lender, announced it turned a profit its first quarter since it went through its bankruptcy protection process. This can mean a lot to both the small and midsized businesses which receive financial assistance from CIT Group.A Word on Investment Diversification
If you want to make your money work for you, well, we’re in the middle of a recession, and it’s all about investment diversification these days. You can’t put all your eggs in one basket, so to speak. You have to be smart and you have to diversify. You need to look at all of your options, and take advantage of as many of them as possible.Certified Public Accountants – Services
There are various services which these certified public accountants provide and the major services include financial accounting, planning and analysis; corporate finance and governance; assurance and attestation; forensic accounting, tax preparation and planning; management consultation; information technology and income tax preparation. The corporate finance services are associated with a number of criteria affecting general public like initial public offering, share and debt issuing etc. Interestingly forensic accounting investigates financial frauds and at the same time also plans to detect and prevent financial frauds.Negotiable Instruments
There are four types of negotiable instruments: drafts, checks, notes, and certificates of deposit. Drafts and checks fall under a classification as “promises to pay.”Understanding Interest Rates
When an individual borrows money from a lender, such as a bank, he or she will have to pay that money back with an added fee. This added fee is called interest, and interest is determined by a percentage rate. That rate requires an individual to pay a percentage of the money he or she borrowed on top of paying back the borrowed money.Learn From Money Saving Experts
Learn from the money saving experts how to build your net worth through building your self worth. Five tips for better money management skills.Selecting The Right Technology Finance Partner
Leasing companies vary by (1) experience, (2) industries they service, (3) products and services, and (4) the flexibility and completeness of their administrative process. Selecting the right leasing company for you can be a very individualistic decision. However, there are some general factors you might consider when selecting any leasing company.The Market Money-Go-Round
A financial market is like an amusement park ride – thrills and spills; risk and reward. The money-go-round is high adventure. The trick is to push enough to maximize the sensation but not so much as to get sick.Creating Wealth – Pay Your Mortgage Off in Under Ten Years Using the Right Finance Structure
I had purchased a property in 1999 for $165,000. The loan on the property was $110,000. The loan was just your basic principal and interest loan taken out over 25 years.There May Be People Around You Who Can Use Your Help
The economy has been bad for some time, and it is still causing much suffering for some people. There may be friends and family members close to us who need help but are reluctant to ask for it. It is a good idea to be interested in people and to help them if needed and possible.Behavioral Profiles Leverage Your Intuition
In the financial services industry there are a lot of supporters for the use of behavioral profiles as part of the client discovery process and there are some detractors from using them. Like in any situation where there are detractors most have not yet had a positive experience or seen the full benefits or simply have been listening to the wrong information. This is human nature.Interpreting Central Bank Law – Addressing Mandated AML Training For Banks in the UAE
Money laundering is a major problem for financial institutions around the world. Despite efforts at deterrence, cases of money laundering continue to climb, causing great risk to banks and their customers. Although it is much less of an issue in the United Arab Emirates (UAE) than in many other countries, the Central Bank of the UAE (CBUAE) has implemented laws to prevent such activities and terrorist financing, such as the Federal Law on Combating Terrorism Offenses and the Federal Law Regarding Criminalization of Money Laundering.Executive Compensation Forecast – Fair Weather Ahead
Although salary increases have been tempered during the recession, compensation packages for executives at many of Canada’s top companies continue to rise. While those packages vary from industry to industry and from province to province, the general picture in 2010 is positive. Businessweek recently reviewed the 2009 pay for the chief executive officers at a handful of Canada’s largest banks, including Bank of Nova Scotia, Bank of Montreal and Royal Bank of Canada.