Banking Practices

Brokerage and loans started in an advanced form with merchant banks, though crop loan was still used for lending and credit activities.

Italy was the home of the earliest banks (which evolved into the modern banks), and even the word ‘bankrupt’ comes from the Italian word ...

• The earliest banking systems date back to 8000 BCE when trade was recorded in a log, keeping a written note of the transactions.
• Mesopotamia was the home of the first proper banks, with lending activities in temples and palaces. As cash wasn’t inve...

People who bank offshore do so in a part of the world outside their home country. As such, the term offshore banking is generally used to describe international banks, companies, and investments. In short, you're banking offshore if you're an American who has a bank account in Ca...