A bank is a business that borrows from its customers on current accounts repayable to its customer's cheques and collects cheques for its customers' accounts. Banks may also issue bank notes, and lend money to customers on current account(called overdraft), accept term deposits and make term loans and provide other financial services. Banks that issue notes are called Banks of Issue.

Currently in most jurisdictions the business of banking is regulated and banks require a licence. Banking licenses are granted by bank regulatory authorities and provide rights to conduct the most fundamental banking services such as accepting deposits and making loans. There are also financial institutions that provide certain banking services without meeting the legal definition of a bank, a so called non-banking financial company. Traditionally, a bank generates profits from transaction fees on financial services and from the interest it charges for lending. In recent history, with historically low interest rates limiting banks' ability to earn money by lending deposited funds, much of a bank's income is provided by overdraft fees and riskier investments.

A building society is a financial institution, owned by its members, that offers banking and other financial services, especially mortgage lending.The term building society first arose in 19th century Britain from working men's co-operative savings groups: by pooling savings, members could buy or build their own homes.In the UK today building societies actively compete with banks for most "banking services" especially mortgage lending and deposit accounts. There are currently (2006) 63 building societies in the UK with total assets exceeding £260 billion.

Typical roles we can assist with:

Bank /Building Society Managers, Financial Advisers /Planners, Business Analysts, Pensions Adviser/Managers, Compliance Specialists /Managers, Executive Directors, Operations Directors, and Sales & Marketing Managers



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