15 Things You Didn't Know About The Banking Industry

15 Things About The Banking Industry | Industry Wednesdays
SUBSCRIBE to ALUX: / @alux
10 Biggest Bank Robberies: • Top 10 Biggest Bank Ro...
In this Alux.com video we'll try to answer the following questions:
How big is the banking industry?
Which is the biggest bank?
Do you trust banks?
How can you tell a bank is trustworthy?
How do banks make money?
Should you work with a bank?
When should you start saving money in a bank?
What is an offshore account?
Why do rich people get offshore accounts?
Are offshore accounts legal?
Which is the oldest bank?
How is blockchain changing the banking industry?
Who are the richest bankers?
Which is the richest banking family?
When will the next financial crisis be?
How does a financial crises happen?
How are banks hiding fees?
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Пікірлер: 373

  • @alux
    @alux6 жыл бұрын

    Hey Aluxers, what industry should we do next? Make sure to join www.alux.com 15 Things About The Rothschild Family: kzread.info/dash/bejne/jGRms8iMYbeskag.html

  • @marcelosantana9311

    @marcelosantana9311

    6 жыл бұрын

    Alux.com 1 about Real Estate industry. 2. Insurance industry 3. Space Industry 4. Gun and Weapon industry 5. Solar industry 6. Shoes industry

  • @robertleejameswelch8383

    @robertleejameswelch8383

    6 жыл бұрын

    Did you do the Airline industry?

  • @jsmith54565

    @jsmith54565

    6 жыл бұрын

    HSBC here was originally Midland, they bought out them a fair few decades ago, it's based in China if I rememeber correctly is HSBC it stands for Hongkong and Shanghai Banking Corporation

  • @deepeshjain8175

    @deepeshjain8175

    6 жыл бұрын

    All these videos are very helpfull....but if you can provide about Agriculture Industry ,I'll be very thankfull.

  • @nef0066

    @nef0066

    6 жыл бұрын

    The Property and Casualty Insurance Industry

  • @nikitazaika9889
    @nikitazaika98896 жыл бұрын

    Great videos, have watched every single one and they're all great

  • @edgeruiz2357
    @edgeruiz23574 жыл бұрын

    Rothschild : Richest Family in History Mansa Musa : Hold my camel.

  • @ryantitn
    @ryantitn6 жыл бұрын

    Most of these were not actually things we didn’t know about banks. It were just facts that were related to banks. I thought they’ll mention something about forex trading, how every bank has forex traders. It didn’t explain why banks are so huge the way they are. But anyways, nice video!

  • @user-mi6ll4bx4y

    @user-mi6ll4bx4y

    6 жыл бұрын

    Ryan Maduabum agree.

  • @amvkarthik

    @amvkarthik

    5 жыл бұрын

    Banks are huge because of fractional reserves. They can literally create wealth out of peoples trust.

  • @Davanillaguerrilla

    @Davanillaguerrilla

    5 жыл бұрын

    @@amvkarthik out of their ignorance too

  • @davidcarl7812

    @davidcarl7812

    3 жыл бұрын

    I no more buy the idea of keeping my money in the bank because I'm making them rich instead of multiplying it, I invest in crypto now and I can testify how much I make every month .

  • @gopal.
    @gopal.6 жыл бұрын

    Alux why don’t you make a video on Agro based industry we want to know about them

  • @brainfornothing
    @brainfornothing6 жыл бұрын

    This is a hot and looong topic. Thanks for sharing !

  • @Rin-le7cx
    @Rin-le7cx6 жыл бұрын

    You deposit ur money and they use that money as loan with very high interest. Very sneaky to me. 😂

  • @factisstrangerthanfiction7179

    @factisstrangerthanfiction7179

    6 жыл бұрын

    karin Fractional reserve banking.

  • @Rin-le7cx

    @Rin-le7cx

    6 жыл бұрын

    M-S-M EzeE its helps the economy I understant. But the interest so high. Maybe depends which country u are from.

  • @JammManagementColumbus

    @JammManagementColumbus

    6 жыл бұрын

    karin Pass laws that no Commercial bank can hold a depositers money for less than 10 percent! That'll shake things up. Rally and campaign for it.

  • @therealnoodles7638

    @therealnoodles7638

    5 жыл бұрын

    No they do not. They loan out their own IOU's which is created from thin air, not from you. They do not lend out your money. What they actually do with your deposit is that they might buy government bond with it, because it earns higher interest than just by holding your deposit. If they held your deposit, they wouldn't make money. Don't believe me? Read *Money* *Creation* *In* *The* *Modern* *Economy* by the *Bank* *Of* *England* , Fractional reserve banking does not exist in this system.

  • @cancelled_user

    @cancelled_user

    4 жыл бұрын

    @@Rin-le7cx Interest usually depends on the 'base rate' of the central bank, and also on every individual's credit history (good history of paying off debt = lower risk, thus lower interest... and vice versa).

  • @ManojMoradiya
    @ManojMoradiya6 жыл бұрын

    Nice and informative

  • @conradbo1
    @conradbo16 жыл бұрын

    Thank you for the upload. Interesting video about the banking industry.

  • @alux

    @alux

    6 жыл бұрын

    Our pleasure Conrad :)

  • @WealthbuilderzTV
    @WealthbuilderzTV6 жыл бұрын

    #4 was very interesting. This whole video is very interesting. Money always will and forever peeque my interest.

  • @alux

    @alux

    6 жыл бұрын

    Happy to hear you find it valuable :)

  • @geocyo8835

    @geocyo8835

    6 жыл бұрын

    Wealthbuilderz TV "pique" ☺

  • @nataliewhite2127
    @nataliewhite21276 жыл бұрын

    Wow this video makes my day

  • @marshacreary2442
    @marshacreary24426 жыл бұрын

    Very Informative

  • @luvfitall
    @luvfitall6 жыл бұрын

    I just want to say I love your channel SO much!!!

  • @alanhowitzer
    @alanhowitzer6 жыл бұрын

    How about a video about the Federal Reserve and fractional reserve loans backed by the government?

  • @finn.n3700
    @finn.n37004 жыл бұрын

    Very interesting video!!

  • @lindanorris3226
    @lindanorris32265 жыл бұрын

    THANK YOU SO MUCH FOR SHARING 🖊🌎

  • @elliygxoxo
    @elliygxoxo6 жыл бұрын

    I now work for a bank 😂 these things are true

  • @Shay-33
    @Shay-336 жыл бұрын

    Great video 👍🏽

  • @alux

    @alux

    6 жыл бұрын

    Thanks Shayla.

  • @marcelosantana9311
    @marcelosantana93116 жыл бұрын

    Great video!👍

  • @alux

    @alux

    6 жыл бұрын

    Damn right it is.

  • @lorenzolouis7148
    @lorenzolouis71486 жыл бұрын

    #17, they are actually the biggest gangsters.

  • @GiZmo55558
    @GiZmo555584 жыл бұрын

    Love it. 👍🙂

  • @cedricsmith8188
    @cedricsmith81885 жыл бұрын

    Thank you Alux, your welcome.

  • @sahafmostafa7323
    @sahafmostafa73236 жыл бұрын

    this is something I wanted to know.

  • @stevenmweti7209
    @stevenmweti72095 жыл бұрын

    Please can you make a video about how accountants can become millionaires .

  • @lesliedoh267

    @lesliedoh267

    4 жыл бұрын

    Yes or 15 things you didn't know aboutthe accounting industry

  • @AnaHecSepulveda
    @AnaHecSepulveda4 жыл бұрын

    Being from Puerto Rico it really surprised me to find out that it is/was a tax haven. Funny since we left the island because my family didn’t have money. My dad took a job where his flight and housing was paid for and then when he saved money he sent for us (almost 20 years ago). My parents are there right now and they tend to travel back every year to visit family.

  • @AnaHecSepulveda

    @AnaHecSepulveda

    Жыл бұрын

    @@chuckscott4661 west part of the island

  • @AnaHecSepulveda

    @AnaHecSepulveda

    Жыл бұрын

    @@chuckscott4661 check out kzread.info He has awesome videos from the island. Beautiful places to visit. You could probably even schedule an awesome tour with him.

  • @conceptafelix2769
    @conceptafelix27695 жыл бұрын

    Agricultural Industry please, present with something about it, post harvest Technologies and such stuffs

  • @shinchannohara2924
    @shinchannohara29244 жыл бұрын

    Everyone is gangsta until a banksta walks in.

  • @cjmp200
    @cjmp2006 жыл бұрын

    Please do the fashion industry.

  • @alidinojatoi2075
    @alidinojatoi20754 жыл бұрын

    Best video, but if you also discuss about highest paying interest banks to thier account holders in the world.

  • @kiranrana5108
    @kiranrana51084 жыл бұрын

    What mode is best to get money transferred safely

  • @harshrakholiya4304
    @harshrakholiya43046 жыл бұрын

    Yes, I am a student and I have been part of Ponzi scheme, and I lost so much money in it. I recommend not to do it.

  • @deepeshjain8175
    @deepeshjain81756 жыл бұрын

    Agriculture Industry plz

  • @xyrkiejohn26
    @xyrkiejohn264 жыл бұрын

    I get the fees back from my bank. NFCU and USAA do this to its members.

  • @JammManagementColumbus
    @JammManagementColumbus6 жыл бұрын

    This should be taught in elementary school level students in the U.S., public of course.

  • @ButWhyMe...

    @ButWhyMe...

    Жыл бұрын

    It won't be because banks lobbies against its - and even if they don't, it benefits them that youths, the future generation, are kept ignorant for the scams.

  • @indrakumar182
    @indrakumar1826 жыл бұрын

    Well...sneaky ! *Sighs*. Very informative though ❤

  • @alux

    @alux

    6 жыл бұрын

    Thanks Indra.

  • @davicacoutou6271
    @davicacoutou62713 жыл бұрын

    Hey alux can you make a video step by step how a low income person can start to invest .where and how to go about it.

  • @aj9dj9
    @aj9dj96 жыл бұрын

    Loved 16 please do Faberge ,Jewellery,Real estate industry

  • @aj9dj9

    @aj9dj9

    6 жыл бұрын

    How do the Italians keep off the rats in that cheese bank lol just curious 😋

  • @morningsunshine0216
    @morningsunshine02165 жыл бұрын

    Can you do a video on credit unions

  • @feddaa65
    @feddaa656 жыл бұрын

    Why haven't you done a video about linux software

  • @wroomauto7615
    @wroomauto76155 жыл бұрын

    0:18 get informed or get inspired?

  • @ResurgenceofFreemasonry
    @ResurgenceofFreemasonry5 жыл бұрын

    About your Point #2: You stated that 'countries that are tax havens include Puerto Rico ....' As it happens, Puerto Rico is a territory of the United States, and all U.S. federal banking laws apply in Puerto Rico. Puerto Rico does not allow you to hide money from the U.S. federal government like Malta.

  • @jyotiraditya.patil16
    @jyotiraditya.patil164 жыл бұрын

    8:25 12M or 20M ? 🖊️ 😂

  • @ihabammoury2879

    @ihabammoury2879

    4 жыл бұрын

    12 millions customers

  • @tomyt2083
    @tomyt20836 жыл бұрын

    Thank You Alux

  • @alux

    @alux

    6 жыл бұрын

    You're welcome Thomas :)

  • @satish138able
    @satish138able6 жыл бұрын

    Nice video...🤑🤑

  • @alux

    @alux

    6 жыл бұрын

    Thanks!!

  • @Scrambled_Eggs69
    @Scrambled_Eggs695 жыл бұрын

    Can you make videos about berkshire hathaway?

  • @craigmaye3558
    @craigmaye35586 жыл бұрын

    Is that Rakim "I want to know whats on your mind" playing in the background??

  • @kobiesboxing4956

    @kobiesboxing4956

    4 жыл бұрын

    If it was I must have missed it.

  • @praakharpare2876
    @praakharpare28765 жыл бұрын

    Plz make a video on stock exchange industry on industry Wednesday

  • @abhishekpratapsingh9272
    @abhishekpratapsingh92725 жыл бұрын

    this channel is amazing. it is true share market is going to collapse soon ,symptoms can be seen these are bond yeild wich becomes high pe ratio becomes so high oil prices richs at its peak

  • @esgtbenin8775
    @esgtbenin87754 жыл бұрын

    Alux! I will love if you can write talk about insurance company.

  • @sammichael8916

    @sammichael8916

    3 жыл бұрын

    Earn money from ultimatetoolshackers,com I just received 5000euros from them

  • @louisludovicowrightuko5474
    @louisludovicowrightuko5474 Жыл бұрын

    You need to make a video about how a Bank Operates

  • @sudevvs1004
    @sudevvs10044 жыл бұрын

    Do a video on insurance industry

  • @PavanKumar-jo9mp
    @PavanKumar-jo9mp5 жыл бұрын

    Please make video on stocks

  • @chyenfemyzikangela3703
    @chyenfemyzikangela37036 жыл бұрын

    I was in TextCashNetwork back in the days. Ponzi scheme or not?

  • @1010orlo
    @1010orlo6 жыл бұрын

    Great video, just one thing. The correct word to use to describe a person from COLOMBIA is Colombian not Columbian. being honest as a Colombian it feels bad that even people like you guys that work hard in your videos make this mistake.

  • @savagesalvage9449
    @savagesalvage94495 жыл бұрын

    Have you ever bean? I have never bean.

  • @madhuramacharya7102
    @madhuramacharya71026 жыл бұрын

    I want see one video on the modelling industry

  • @alux

    @alux

    6 жыл бұрын

    We'll add it to the list.

  • @samburdick2969
    @samburdick29696 жыл бұрын

    Do a video on the ag industry!!!!!!

  • @montavio
    @montavio6 жыл бұрын

    Real estate and multi level marketing industry

  • @montavio
    @montavio6 жыл бұрын

    You guys should make a TV show

  • @yozzur
    @yozzur4 жыл бұрын

    We are in 2020 and no financial crises happen

  • @stevegorel
    @stevegorel3 жыл бұрын

    Wait Belgium? I live here and it is very strictly regulated. Luxembourg however not. maybe you mixed up BENELUX (belgium netherlands luxembourg) as a border passing union prior to the EU. But each country stil is independant in their national regulations.

  • @alexandert696
    @alexandert6965 жыл бұрын

    You give them your money for keeping They loan it and make interest they get keep If they go bankrupt you pay for them to survive How is this not a scam ?

  • @liger20bassa52
    @liger20bassa526 жыл бұрын

    There a difference between working hard and having a ligit bank account or robbing a bank 😃

  • @lindabyrne5692
    @lindabyrne56925 жыл бұрын

    Yes. Real Estate.

  • @augustineo.6990
    @augustineo.69906 жыл бұрын

    !5 Things about trading industry

  • @timmyb4164
    @timmyb41646 жыл бұрын

    Belgium isn’t a tax heaven, you pay here almost the most taxes of the whole world

  • @Ziploc530
    @Ziploc5304 жыл бұрын

    I work in a bank this was absolutely eye opening on things I never knew

  • @dot0422

    @dot0422

    3 жыл бұрын

    Pay attention more when you are working in your bank. Start writing a journal then do a blog and get paid for it.

  • @Ziploc530

    @Ziploc530

    3 жыл бұрын

    @@dot0422 thank you

  • @chuckscott4661

    @chuckscott4661

    Жыл бұрын

    @DC. Do you work for a bank?

  • @andreasschaetze2930
    @andreasschaetze29304 жыл бұрын

    Blockchain will be in jeopardy when AI and the quantum computer are getting traction

  • @nayanmipun6784
    @nayanmipun67844 жыл бұрын

    You haven't included the actual storage of money of banks, why do banks collapse and why because of the collapse people loose money in their accounts

  • @vritss
    @vritss6 жыл бұрын

    about nepal

  • @loveja1234
    @loveja12346 жыл бұрын

    Belgium a tax haven? Their highest income tax rate is over 60%

  • @fabianculot3828

    @fabianculot3828

    6 жыл бұрын

    Agreed! I may live in the wrong place in my own country to see it ;) This video is full of crap...

  • @jorge-lp2xi

    @jorge-lp2xi

    6 жыл бұрын

    Belgium is a tax heaven. After seeing your comment i made a little research and the tax rate you describe is the one for a resident with a total taxable net income of +39,660 euros. Now when the video says Belgium is a tax heaven is talking about corporate tax, thats very different than a resident. When it comes to corporate tax belgium is indeed a tax heaven only behind Netherlands in europe which is first thanks to laxative policies when it comes to bussinesses fiscal supervision by the state.

  • @fabianculot3828

    @fabianculot3828

    6 жыл бұрын

    Your right? I've just find out too. Sadly, I am not corporate... yet ;)

  • @barryetherton4889

    @barryetherton4889

    5 жыл бұрын

    Tax Haven is only for Multinationals.

  • @sanjaydeovrat
    @sanjaydeovrat6 жыл бұрын

    I expected alux would tell how one could use banking industry intelligently in the journey of getting rich.

  • @alux

    @alux

    6 жыл бұрын

    We're saving that for a future video.

  • @bhaskarsrivastava7872
    @bhaskarsrivastava78726 жыл бұрын

    Tomorrow please TOM CRUISE VIDEO man!!!!Thrusday celebrity🙌🏻

  • @alux

    @alux

    6 жыл бұрын

    Not Tom Cruise, but someone that comes from the future, more precisely year 2049.

  • @harshitkasnyal6443
    @harshitkasnyal64436 жыл бұрын

    Gave the first like

  • @zhiarhaji5192
    @zhiarhaji51926 жыл бұрын

    Can you pleas answer my questions why the quins England have net welth of 500 m doller but she have land value over 25 trillion doller

  • @brandell4638

    @brandell4638

    6 жыл бұрын

    Because she, as an individual, does not own all the land, holdings and jewels.

  • @zhiarhaji5192

    @zhiarhaji5192

    6 жыл бұрын

    B Randell thank you

  • @elisabethhuttelmaier7592
    @elisabethhuttelmaier75926 жыл бұрын

    Van can i Form and Biuld a nrw Bank with a logo who talentet people createt design.without education. Musik Industrie ja you can.

  • @kepstein8888
    @kepstein88885 жыл бұрын

    Starts at 2:00

  • @ef7480
    @ef74805 жыл бұрын

    HSBC wasn't one of the 'first' in UK...

  • @annsawyer6121
    @annsawyer61215 жыл бұрын

    I have never seen a Ponzi. . . But I know about Fonzi "Aye!"

  • @ShawnCoxshawnisblessed
    @ShawnCoxshawnisblessed6 жыл бұрын

    The industry I work in.

  • @E-utube

    @E-utube

    5 жыл бұрын

    Im sure the branch manager appreciates your services :pp

  • @dot0422

    @dot0422

    3 жыл бұрын

    @@E-utube LMAOOOOO

  • @ashishdeshmane7645
    @ashishdeshmane76453 жыл бұрын

    Us banks are regulated 2008 - Right

  • @victorvalderrama9941
    @victorvalderrama99413 жыл бұрын

    15 things about the trading industry.

  • @danicegewiss862
    @danicegewiss8625 жыл бұрын

    Puerto Rico isn't another country. It's part of the United States. We own it.

  • @randygreenfield4312

    @randygreenfield4312

    4 жыл бұрын

    Danice Gewiss ‘we’ ?

  • @scanialover
    @scanialover3 жыл бұрын

    7:28 TEB is the same as Wells Fargo in Turkey, they both suck, and they also get into scandals

  • @bebetowilliams5712
    @bebetowilliams57124 жыл бұрын

    Wells fargo 😂😂😂 even the stock is scary

  • @genedewitt3992
    @genedewitt39925 жыл бұрын

    Some took money out my account. the put back $100.00 out of $700.00. I had to pay $600.00 of the money.

  • @mltransplus9910
    @mltransplus99105 жыл бұрын

    READY. !!!!

  • @kiffenenrichmenttools2042
    @kiffenenrichmenttools20426 жыл бұрын

    We don't even consider Puerto Rico part of the country anymore? SMH

  • @kobiesboxing4956

    @kobiesboxing4956

    4 жыл бұрын

    Peurto Rico isn't an American state. It's more like a United States possession. I mean there's a reason why Peurto Ricans can't vote in US elections.

  • @pareshjain8631
    @pareshjain86314 жыл бұрын

    About different investment bank

  • @geocyo8835
    @geocyo88356 жыл бұрын

    Hey Alux. For #3, the plural for "crisis" is crises.

  • @nycto16
    @nycto162 жыл бұрын

    As a Banking and Finance student, this was interesting.

  • @nycto16

    @nycto16

    Жыл бұрын

    @@chuckscott4661 Yes I will :)

  • @nycto16

    @nycto16

    Жыл бұрын

    @@chuckscott4661 Investment banking but I know it is too much hard to get into otherwise corporate or digital banking/fintech also attracts me.

  • @nycto16

    @nycto16

    Жыл бұрын

    @@chuckscott4661 Sure sure why not! I don't have any plan to start my own company but at some point I'm really interested in making a fashion brand or my own VC firm!

  • @nycto16

    @nycto16

    Жыл бұрын

    @@chuckscott4661 Like clothing brand (more specifically vintage, royal) or maybe bags/shoes.

  • @nycto16

    @nycto16

    Жыл бұрын

    @@chuckscott4661 Thanks! No, I'm from Karachi...

  • @vritss
    @vritss6 жыл бұрын

    about taylor marie hill

  • @matttejada7381
    @matttejada73812 жыл бұрын

    This video would've been much better if there's no background music.

  • @jegank4599
    @jegank45996 жыл бұрын

    Tell about the osamu suzuki

  • @locopatadita24
    @locopatadita245 жыл бұрын

    Video was too light for such a corrupted industry

  • @sosapablo1995
    @sosapablo19956 жыл бұрын

    3 million dollars at 26 years old damn

  • @samuelstroh8631
    @samuelstroh86315 жыл бұрын

    Dude, it's COLOMBIA, like COCAINE, ok, you get the point, awesome our COCAINE related history, still, it's Colombia, Columba is a cinematographic company. TY Alux for the video. BTW, greetings from Pablo Escobar City #Medellin.

  • @kobiesboxing4956

    @kobiesboxing4956

    4 жыл бұрын

    We all know about Medellin. As in Medellin Cartel.

  • @albertptran
    @albertptran6 жыл бұрын

    Is it Roths-child, Roth-schild, or Roth-schi-ld?

  • @alicer3271

    @alicer3271

    6 жыл бұрын

    Roth-child

  • @makavelli7211

    @makavelli7211

    4 жыл бұрын

    Albert Tran Roth is old German for Red while Schild means sign. Rothschild means Red Sign, and it's pronounced Rot Schild, not Roth Child.

  • @mrliamalan
    @mrliamalan2 жыл бұрын

    Is the Federal Reserve sustainable? 1996-2008: GDP ↑45%, Monetary Base ↑46% 2008-2020: GDP ↑32%, Monetary Base ↑600% Prior to 2008, the Monetary Base and the GDP were 98% correlated reflecting the reciprocal relationship of money and economic expansion. Can the current rate of monetary expansion without corresponding GDP growth continue without consequence? *Bloomberg sued The Federal Reserve in 2011 and uncovered a $7.7T secret bank bailout not represented here.

  • @hypermerc3961
    @hypermerc39616 жыл бұрын

    No way! I ain't that lucky and I won't even try. Banking is not a problem but Privelaged banking is an issue. Even after paying a hefty fee for it, not every branches of the bank will treat you with serenity worldwide. Alux, can you please stop this background music.