Comments on: Set up a national investment bank network https://neweconomics.opendemocracy.net/set-up-a-national-investment-bank-network/?utm_source=rss&utm_medium=rss&utm_campaign=set-up-a-national-investment-bank-network Tue, 11 Sep 2018 13:39:01 +0000 hourly 1 https://wordpress.org/?v=5.3.4 By: Jotham Kotamo https://neweconomics.opendemocracy.net/set-up-a-national-investment-bank-network/#comment-283 Wed, 19 Apr 2017 23:47:00 +0000 https://www.opendemocracy.net/neweconomics/?p=233#comment-283 I want to start an Asset Management/Investment Bank business. i am a UK qualified Accountant and have worked as an Investment Accounting Manager for 10 years. My understanding of such business is it will incorporate the following strategic scope:

• Manage assets on behalf of customers (discretionary or non-discretionary basis)
• Trade/broker securities (stocks and shares and value rights) as well as their derivatives, banknotes and coins, money market instruments, precious metals, commodities, etc.
• Open Forex (FX), CFD and commodity trading accounts for customers or allow customers to open online
• Carry out credit transactions (in particular in relation to consumer loans or mortgages, factoring, commercial financing or financial leasing)
• Provide online money transfer services (to operate as a money transfer company will require significant additional costs and requirements)
• Have debit cards issued to customers
• Make investments as investment advisers
• Hold securities on deposit or manage securities
• Provide bank account signatory services for clients world wide
• Accept or hold on deposit assets belonging to others and assist in the investment or transfer of such assets
• Provide Corporate Finance Services to clients worldwide

Question: How can I start such a business and what help/resources are out there for me to gain more understanding of how I can start the business.

]]>
By: Nurture the sharing economy: A time bank in every community – New thinking for the British economy https://neweconomics.opendemocracy.net/set-up-a-national-investment-bank-network/#comment-4 Wed, 05 Oct 2016 11:15:24 +0000 https://www.opendemocracy.net/neweconomics/?p=233#comment-4 […] ‘entrepreneurial’, but it can also empower by providing spaces for genuine human flourishing. A national investment bank network as envisaged by John Marlow would allow the state to fund and regulate exciting new projects […]

]]>