1. Banking system in usa

2. Regulation of the banks Banking regulation Rederal State governments

3. The 5 largest banks in the US at December 31,2011 were: JPMargon Chase Bank of America Citigroup Wells Fargo Goldman Saches

4. In december 2011, the 5 largest banks` assets were equal to 56% of the US economy, compared with 43% 5 years ago.

5. In New York City Salary in finance industry rose from $80.000 in 1981 to $360.000 in 2011, While average New York City salaries rose from $ 40.000 to $70.000

6. In 1988 ther were about 12.500 US banks with less than $300mln in deposit, and about 900 with more deposits, But by 2012 the were only 4.200 banks with less than $ 300mln in deposit in the US, and over 1.800 with more

7. Federal Reserve system The central banking system of the US, called The Federal Reserve system, was created in 1913 by the enactment of the Federal Reserve Act

8. Duties of the FRS To conduct the nation`s monetery policy; Supervise and regulate banking institutions; To provide financial services to depository institutions: US government, foreign official institutions;

9. Profit transfer of the FRS The US Government receive annual profits, all of the system`s annual profits, after a statutory dividend of 6% on member banks` capital investment is paid and an account surplus is maintained. In 2010, the Federal Reserve made a profit of 482bln and transferred $78bln to the US Treasure

10. The Federal Reserve board is headquartered in Washington DC. The Board Consists of 7 “Governors” appointed by the President and confirmed by the Senate for 14 Year Non-Renewable terms Alan Greenspan (1992) Roger Ferguson (2001) Edward Gramlich (1997) Susan Bies (2001) Mark Olsen (2001) Ben Bernanke (2003) Donald Kohn (2002)

11. Federal Deposit Insurance Corporation (RDIC) FDIC is a US government corporation It provides depositbinsurance, which guarantees the safety of deposits in member banks Up to $250.000 per depositor per bank November 18,2010, the FDIC insures deposits at 7.723 institutions;

12. “ All commercial banks accepting deposits must be FDIC insured” the FDIC Investment Act in 1989

13. In August 22, 2008 were insure 8.430 commercial banks by FDIC; US banks are not allowed to go bankrupt, accounts are insured up to $250.000 by FDIC (per bank)

14. The End