Report on EGG bank Essay Example | Topics and Well Written Essays - 1500 words

Report on EGG bank - Essay Example According to this reform, banks are required increase their amount of capital in order to support their activities. Banks are still unsure how strong the reforms will be and what will be its affects. The credit crunch has also had its affect on the UK banking sector. Bank of England is slightly changing its monetary policy as a means of quantitative easing hoping that the economic conditions would become better. UK is also working in close collaborations with China in order to develop the financial and capital markets. Many jobs have been lost due to economic slowdown that has had a huge impact on the thinking and the demand of the population. People are now looking away from the banks as they have no means of re-payments of loans from the banks. Also many people are indifferent to the products that are offered by the banks and are looking for some better options in which they could invest. Technological breakthroughs are occurring all over the world and not just in UK. The banks that were operating offline are now establishing themselves over the internet offering more products for different segments than they were doing in their offices. The rapid progression of banks on the internet has introduced a new banking industry called e-banking. Banks are now fighting to capture more target markets than their competition by means of heavy online and offline marketing. The legal issues concerning the banking industry is where they would invest people’s money as the customers demand details and guarantee on their returns. The paper work and documents on the customers’ information as well as the banks’ information is now of vital importance before entering into any type of transaction due to increased fraudulent activities. Banks are deriving their campaigns toward green and friendly environment as a means of attracting new potential

Failure Mode Avoidance- How to design and avoid failure Essay

Failure Mode Avoidance- How to design and avoid failure - Essay Example In that line of design, engineers are able to come up with design optimization method. These methods are combined with the present technology of low-cycle fatigue, which is applied in the durability characteristic of a vehicle. This requires skillful integration of computational tools and methodologies in a car dynamics. This includes fatigue strain life evaluation, finite factors simulations and prediction techniques. The analyses of these car safety elements are important in attaining car performance of critical design in complex system. To address the problem, metal model and the slide bar process are used. In regards to Failure Mode Avoidance approach, the model and process permit the engineering group to uncover and avoid potential wheel or tire and driveline noise vibration and harshness failure modes. In the early development of the product, the team can identify and control noise factor system and decrease system level effects and avoid potential failures of noise vibration h arshness by developing appropriate countermeasures. To create a failure mode avoidance one needs to understand when and the reasons for creating potential failure modes. The aim of this paper is to understand the reason for creating better failure mode avoidance in cars. This paper focuses on the study of eleven customers and the problems they faced related with reliability in an automobile company. The interviews were done using open-ended questions that enabled the interviewees give a description of their experiences and views. The interviews took between one and two hours and secondary data collected. The case analyses all problems related to the customers meaning the failures were seen after the car was in the market. Most of the failure modes formed during the early development stages of the cars. The failure modes that affected the customers formed during the selection phase and