This essay compares Germany's persistent financial disequilibrium with the balance of payments situation in the United States. Delivered at a Symposium on German Economic Growth and Stability, the author concentrates on Germany's balance of payments surplus and presents U.S. figures mainly as a point of comparison. The material on Germany has been…

The article profiles Nobel Peace Laureate Muhammad Yunus, founder of Grameen Bank (an independent financial institution in Bangladesh), as well as an economics professor at the University of Chittagong. In his birthplace of Bangladesh, 49.8 percent of people exist below the poverty line, and 73.2 percent of the women are categorized as…

THE PURPOSES OF THIS STUDY WERE TO DETERMINE THE PERSONNEL CHANGE DIRECTLY RESULTING FROM THE INSTALLATION OF ELECTRONIC DATA PROCESSING IN ONE OF THE LARGE COMMERCIAL BANKS IN BALTIMORE, TO DESCRIBE THE PROCESSES AND JOB DUTIES INVOLVED, AND TO INDICATE HOW CHANGES HAVE AFFECTED EMPLOYMENT AND WHAT MAY BE EXPECTED IN THE FUTURE. THE USE OF THE…

Ninety-six subjects were randomly chosen from 386 bank customers who responded to a questionnaire using subjective variables to segment or label respondents. A review of subjective segmentation studies revealed that the studies can be divided into three approaches--benefit segmentation, attitude segmentation, and life style segmentation. Choosing…

The publication was produced in cooperation with the New York State Banking Department and is intended primarily as a teaching module to introduce high school students to how banks operate and how consumers can make best use of a bank's services. There is no assumption of prior banking experience or knowledge. In addition to some brief notes to…

Competition for savings dollars has led to free gift bonus offers as incentive for new deposits. A concise new formula presented here permits calculation of the total yield using an inexpensive minicomputer. Yield is expressed in terms of interest rate, effective discount value of gift bonus, and period of deposit. (Author/MA)

Deregulation has had much to do with the competitive drive and vitality of financial services within the United States. The risks and rewards of deregulation for financial institutions are discussed, and principles which should serve as a guide in building any new regulatory structure are examined. (RM)

Thirty years ago a cashless society was predicted for the near future; paper currency and checks would be an antiquated symbol of the past. Consumers would embrace a new alternative for making payments: electronic money. But currency is still used for 87% of payments, mainly for "nickel and dime" purchases. And checks are the payment…

Describes a New York bank's behaviorally-oriented teller training program and the new relationship between the training staff and the other departments. (SP)

New cash management philosophy enables college to increase short-term investments and reap long-range benefits. (Editor)

Willingness to work is the only collateral required of the disadvantaged by this subsidiary of a Georgia bank. (BH)

A special unit on savings accounts was incorporated into a program designed to teach learning disabled adolescents skills for becoming self-sufficient adults. Sessions covered concepts and terminology, a brief history of banking, common ways of writing dates on banking forms, the importance of spelling numbers correctly, and the use of savings…

Describes programs offered or sponsored by national trade associations in the finance industry. (IRT)

A case study of German banking apprentices found that, if employers are entirely motivated by the logic of consequences (recruitment cost savings, workplace flexibility), the system might be undermined by head hunting for apprentices trained by others. The logic of appropriateness fosters trust among employers and creates mechanisms to keep the…

Wytheville Community College (Virginia) and Bland Correctional Center collaboratively created a customized seminar on banking security by videotaping convicted bank robbers giving their perceptions of banks. (SK)