Accounting for trillions in assets

Accounting for trillions in assets worldwide, the banking system is a crucial component of the global economy. While money-changing and money-lending may be as old as money, banking dates back to 15th century medieval Italy, and played a major role in the rise of the Italian city-states as world economic powers. Ever since, the health of an economy and the health of its banks have been interrelated; the global credit crisis, precipitated by the collapse of the subprime-fueled U.S. housing bubble, is only the most recent example.


Banks are just one part of the world of financial institutions, standing alongside investment banks, insurance companies, finance companies, investment managers and other companies that profit from the creation and flow of money. As financial intermediaries, banks stand between depositors who supply capital and borrowers who demand capital. Given how much commerce and individual wealth rests on healthy banks, banks are also among the most heavily regulated businesses in the world.



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Accounting for printing trillions worldwide assets, the banking system is a crucial component of the global economy. While money-thay-Lending and money as old as money lẽ, Dates back to 15th century banking medieval Italy, and played a major role in the rise of the Italian city-states as world economic powers. Ever since, the health of an economy and the health of its banks được interrelated; the global credit crisis, precipitated by the collapse of the subprime-fueled US housing bubble, is only the most recent example. Banks are just one part of the world of FINANCIAL INSTITUTIONS, standing alongside Investment banks, insurance companies, finance companies, Investment managers and other companies profit from the creation mà and flow of money. As Financial intermediaries, banks depositors who stand giữa Borrowers who supply capital and capital demand. Given how much commerce and the individual wealth rests on healthy banks, banks cũng Among The Most Heavily regulated Businesses in the world. Read more: The Banking System: Introduction | Investopedia http://www.investopedia.com/university/banking-system / # ixzz3lrsIwEJb Follow us: Investopedia on Facebook