2. Solomon Bank as The Best Savings Bank
Solomon domestic savings bank was No.1 in the industry in asset size as of December 2005. At the end of 2007, with Pusan and Honan, Gyeonggi savings banks, total assets of Solomon savings bank reached nearly 5 trillion won level, grown into a huge savings banks. Solomon savings bank is the industry leader as Assets / receives / loan in all areas. Based on
credibility, expertise in process of Administration
2. Reinforcing the supervisory authority of Deposit Insurance Corporation.
Deposit Insurance Corporation?
-Government Organization Law, the supervision of FSC
-Insolvency situation, the Organization for raising capital
Examples: U.S. banking
Fed(Peacetime)-FDIC(Crisis)
Horizontal position(mutual control )
mutual 생명 보험 회사인 Scottish Widows를 70억 파운드에 인수한다. 그 인수는 Lloyds TSB가 Prudential 다음으로 두 번째로 큰 생명 보험과 연금 상품을 맡게 되는 계기가 되었다. 같은 해, Lloyds TSB는 Standard Chartered Bank로부터 Chartered Trust를 6270억 파운드에 인수하여. Black Horse란 이름으로 바꾸고 자동차 보험, 소규
DBS is the largest bank by group assets both within Singapore and South East Asia
Development Bank of Singapore, headquartered in Singapore
Set up in 1968 as a development- financing institution led by the Singapore government
Incorporated with its asset management entity and securities entity under the “DBS Group”
1. List and describe the security controls
and weaknesses at TJX Companies
TJX used Wired Equivalent Privacy (WEP) encryption system which was easy for hackers to attack. Furthermore, TJX had neglected to install firewalls and data encryption on many of the computers in the wireless network. Besides, TJX transmitted credit card details to banks without encryption, violating credit card com