Bangor, United Kingdom

Banking and Finance

Language: English Studies in English
Subject area: economy and administration
University website: www.bangor.ac.uk
Master of Business Administration (MBA)
Finance
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Banking
We [Banks] have a "right to make a profit"
Brian Moynihan, CEO, Bank of America, 2011 statement. Source: Money.CNN.com October 5th, 2011.
Banking
Since those who rule in the city do so because they own a lot, I suppose they're unwilling to enact laws to prevent young people who've had no discipline from spending and wasting their wealth, so that by making loans to them, secured by the young people's property, and then calling those loans in, they themselves become even richer and more honored.
Plato, The Republic, 555c, G. Grube and C. Reeve, trans., Plato: Complete Works (1997), p. 1166.
Finance
The world of finance is a mysterious world in which, incredible as the fact may appear, evaporation precedes liquidation.
Joseph Conrad, Victory: An Island Tale, part I, chap. 1 (1915)
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