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Guyana's independence from Britain in 1966 had a significant impact on the economy and banking industry. At the time of independence, the banking and financial sector was quite underdeveloped, serving an agriculture-heavy economy that had been tightly regulated by the Colonial Authority. [6]
The Equitable Bank was sold to the Bank of Liverpool and Martins on the grounds that banking was best left to specialists. The Halifax Permanent Building Society paralleled the Equitable by forming its own bank in 1910 – the Halifax and District Permanent Banking Company – but that was sold in 1917.
Bank of America has formed a partnership with the United States Department of Defense creating a newly chartered bank DOD Community Bank [106] ("Community Bank") providing full banking services to military personnel at 68 branches and ATM locations [107] on U.S. military installations in Guantanamo Bay Naval Base Cuba, Diego Garcia, Germany ...
The main Montreal branch of the Bank of Montreal, Canada's oldest bank. Toronto's financial district. This is a list of banks in Canada, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks".
The investment banking industry, including boutique investment banks, have come under criticism for a variety of reasons, including perceived conflicts of interest, overly large pay packages, cartel-like or oligopolistic behavior, taking both sides in transactions, and more. [50] Investment banking has also been criticized for its opacity. [51]
The Global ATM Alliance is a joint venture of several major international banks that allows customers of their banks to use their automated teller machine (ATM) card or debit card at another bank within the alliance with no international ATM access fees.
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