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Banks and Finance.

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Presentation on theme: "Banks and Finance."— Presentation transcript:

1 Banks and Finance

2 Banks A bank is an institution which deal with finances Types of banks
Retail banks Investment banks Central banks Online banks

3 Services Variety of accounts (current, savings, building society account) Term deposits Cash machine ATM E- banking, mobile banking Providing loans and mortgages Foreign currency exchange

4 Stock Market Stock markets / stock exchange/ bourse
London in a financial part: City New York: Wall Street Products Securities (bonds, shares/stocks, commercial paper)

5 Personal Investing Savings account at a building society
Shares in investments companies Contributions into a private pension

6 Wrongdoing Related to Finance
Bribery – illegal way of convincing someone to do something A corrupt person – someone who accepts a bribe Corruption informal name is sleaze Money laundering – to conceal the illegal finance background

7 Sources MASCULL, B. Business Vocabulary in Use Intermediate. CUP , 80, 88 ps. ISBN


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