martes, 16 de julio de 2013

Banking organization
Bank are organized structures complex in which there are several divisions that work in harmony helping each other.
Each bank has its own organization. There are some differences in the names of the areas or departments, but there is a common basic structure. There are divisions, which are composed or several departments, such as:
Administration Division: deals with all administrative matters. These include planning, financial control, services Accounting and auditing, legal services, personnel, etc..
Banking Division: deals with loans, syndicated loans, project finance, overdrafts, letters of credit and correspondent banks.
Trying division:  covering currencies, currency, money market transactions, bonds, variable rates and Eurodollars.
The division of corporate finance: advice to a large number of companies and individuals about mergers, takeovers, acquisitions and divestitures, as well as continuing operations in the stock market
Division of Investment Management provides services to companies such as pension funds, mutual funds and offshore funds.
In each of these divisions there is a person who has ultimate authority: the CEO (chief executive). under the CEO are the heads of department who are responsible for their specific areas. Furthermore, each area has a sector manager or area: for example, reports hiring manager to human resources manager, who reports to CEO

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