Archive for the 'Investment Banking' Category

Sep 27 2018

Corporate Banking – Essential Requirement Of Large Corporations

Published by under Investment Banking

The success of large corporations depends on a variety of factors. Generally proper planning, foresight, human resources and research are amongst the top most factors contributing to the sustained growth of a company. But in the current scenario with cut throat competition, changing or evolving technology, changes in requirements and needs of people or changes in business practices means for corporations to survive and maintain their position, they need much more than just planning and execution.


Corporate banking is one such factor which goes a long way in helping the growth of a large corporation. It provides the comprehensive and sophisticated services that a large company requires in today’s business world.


Given the huge demand for a proper accountable banking service by these large corporations, most top banks of the world have a separate dedicated operation which caters to the needs of companies that are quite different in requirements and scale as compared to an average small to medium enterprise.


Corporate banking requires a huge knowledge base and experience to service all requirements of commerce and industry. It includes a huge selection of commercial and transactional products and services. Some of the typical products and services include corporate funding or financing, bank guarantees, syndication services, foreign exchange services, investments, stocks, derivatives, comprehensive internet banking facilities etc.


Corporate lending, trade financing and commodity financing are also some important aspect of corporate banking:


Corporate lending: Big varieties of credit products are offered which includes revolving credit lines, term loans, and standby letters of credit and forex facilities. This sector also deals in arranging working capital lines, long term debt, acquisition finance, bridge financing and some other syndicated services.


Trade financing: this sector of banking provides very powerful trade services for the efficient movement of goods. This includes automated letter of credit system and documentary collection services.


Commodity financing: this banking sector is considered “the boss” of the industry when it comes to financing trade flows for some agricultural products such as grain, cotton, coffee, sugar, cocoa and a variety of other commodities. Short term and midterm credit facility is also available on going exchange related requirements.


From the corporate banks point of view, it is very essential to form teams to handle requirement of individual companies as personalized services are the pre requisite for handling such operations. Also it goes well beyond simply providing banking products and services to corporations. It involves lot of consulting and one on one interaction as well. Consulting services could be required on a range of issues like mergers and acquisitions, foreign trade, company liquidity etc.


CL King & Associates has a team of highly skilled and highly pro active personnel who are able to cater to all of the requirements of a corporate client, no matter how unique or difficult the requirement may be. CL King banking personnel proactively find ways in which to complete the request of the client as it could make a lot of difference to the functioning and growth of the client’s business which is anyways the main reason they need specialized corporate banking services.

If you want to learn more, consult with the experts at CL King and Associates. You can call at 518.447.8050

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Sep 09 2018

Corporate and Investment Banking

Published by under Investment Banking

Banks have always helped people in the majority of their transactions. These banks were among the first financial institutions ever created by man. These banks protect and multiply the clients’ money while ensuring that they will not get bankrupt in the process. A bank’s general responsibility is to act as the middle agent for the client and its transactions with other commercial entities. However, due to the huge scope of banking in the daily transactions in the financial market, it became necessary to differentiate them according to the activities that they are involved in.


Two of the most specific types of banking are the corporate and investment banking. Corporate banking is involved in the various transactions of small to large corporations and business ventures; the focus is on the corporate accounts. On the other hand, investment banking is involved in the investment transactions of various financial entities including corporations and governments; the focus is on the aspect of the investments. Let us differentiate corporate and investment banking.


Investment banks offer to help clients with different transactions based on bonds and securities. The clients are provided with advice on the proper acquisition of properties and assets. The clients also purchase from the banks the bonds and securities that would constitute these investments and would later provide them with profit without them working to use the investment. With the discretion of these investment banks, the client’s investment will then be used in the market as another investment, which will provide the client’s dividend at the periods specified. The investment banks do not only guard these assets but also take the risks for the client. These banks have the biggest loss if the investments fail. These investment banks usually offer advice to various clients who operate on a small or large scale. They can cater to the needs of small business ventures, but they can also be adept in helping large companies.


A corporation is a legal entity that is usually involved in business and financing. Corporations have shareholders who are co-owners of the company. These shareholders invested a certain increment of money to own the corporation. If a corporation succeeds, then its shareholders also succeed. But if the corporation fails, then all the shareholders-small or big time-will lose the money they had invested. Therefore, decisions made by the corporation as a whole necessitate a mediator who is adept in the ways of the financial market. This is where corporate banks come in. Corporate banking deals with the financial decision-making of corporations. The corporate banks are the ones who provide their clients-in this case, the corporations-with tools and analyses used for making correct decisions. The main goal would be to maximize the earnings and security of the corporation while minimizing the possibility of financial risks. The more stable and correct the decisions of the corporate banks would be, the better the corporation would fare.


Banks encompass all aspects of finances. Both corporate and investment banking still aim to protect the clients and their investments and still manage to ensure that the clients and banks both profit gainfully.


CL King & Associates is a full-service investment bank and provides equity research, sales and trading, and investor services to corporations and institutions. The focus is on debt and equity capital markets remain the core of our robust platform supported by a well-respected research, sales, trading and clearing operation.


To learn more about the services of CL King you can contact at 518.447.8050

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Jul 26 2018

Corporate Investment Banking

Banks are one of the most stable financial institutions created by man to help in his advancement and the management of his finances. Banks represent the clients and their transactions. Banks are expected to be honest and honorable in their activities. Because a lot of different financial activities are catered by the banks, it became necessary to separate them across a thin border line that would specify their transactions and services. Therefore, banks of different interests were born.


Among the many banks that serve various clients, it was again necessary to differentiate the types of clients that the banks handle in order to provide a specific choice that would be most beneficial to both the bank and the client. Banks that offer their services to the general public and mid-market businesses can be categorized as retail banks while those that offer their services to business companies and corporations can be categorized as corporate banks. Also, those banks that are most capable in dealing with the aspects of the financial market can be categorized as investment banks.


Banks with corporate investment banking services like CL King and Associates can therefore be deduced as those that are adept in financial market transactions, which involve businesses and corporations. These corporate investment banks act as the middle agents and arrangers of transactions and acquisitions of controlling interests in various established companies, which are usually operating on a global scale. These banks mainly focus on developing and multiplying the invested capital legally while maintaining the security that the clients need.


Those who are in corporate investment banking have a wide range of clients. Therefore, they have lot of responsibilities that involve all the aspects of corporate transactions. Growing businesses will benefit from the guidance that the corporate investment banks can bestow on them. At the same time, the middle-market companies and large-scale corporations can transact securely with the assistance of these banks.


The various financial services that included in corporate investment banking can include merger advisory, exclusive sales and divestitures, and buy-side and sell-side advisories. Trading and the promotion of cash and securities comprise the sell side while various transactions involving the clients who need to maximize their profits on the investments comprise the buy side.


The corporate clients invest in the bank, which, in turn, takes the risk of investing the clients’ investments in the ever-unpredictable world of the financial market. This is a huge risk for the bank to take on behalf of its clients because it stands to lose its money and its reputation if its transactions are erroneous. To help the corporate clients manage their investments, the bank assists them even after the actual buy. This can take the form of various investment management programs and advisories that would help the clients maintain security in their purchased shares and bonds to meet the specific goals that these clients targeted. The main purpose is to protect the clients and their investments.


A good corporate investment bank like CL King and Associates offers the clients a constant risk management support. This support helps the clients analyze and solve the various risks that they are going to experience in order prevent erroneous trades.

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Jul 22 2018

Crowdfunding Meets Investment Banking

Published by under Investment Banking

As the holiday season approaches, it seems inevitable: Our social media feeds will begin to fill with appeals to support our friends – or friends of friends – in their latest projects on Kickstarter or GoFundMe.


Crowdsourcing has gone from something of a curiosity to a well-established tool for a variety of entrepreneurs and artists, from board game designers to online video creators to organizers of charitable causes. But while crowdfunding is common, it has still largely been framed in terms of gifts or donations; participants often receive “perks,” including insider information, swag or early copies of the product being funded, but no contribution to a Kickstarter campaign has ever been an investment in any traditional sense.


That is changed now.


The Securities and Exchange Commission has adopted rules implementing a 2012 law that opened the door to startups selling stock directly to retail investors through crowdfunding-style portals. Now businesses will be able to offer investors a piece of their company by legally selling securities online.


In a press release, SEC Chairwoman Mary Jo White said, “There is a great deal of enthusiasm in the marketplace for crowdfunding, and I believe these rules and proposed amendments provide smaller companies with innovative ways to raise capital and give investors the protections they need.” (1)


The SEC’s rules place limits on these crowdfunded equity offerings. Potential investors whose annual income or net worth is less than $100,000 will be restricted to investing a maximum of 5 percent of their income or net worth, or $2,000 – whichever is greater – across all crowdfunding offerings. For investors above this threshold, investments are capped at 10 percent. Overall contributions are also limited to $100,000 total over the course of a 12-month period. The rules additionally restrict resale of crowdfunding securities for a year after purchase in most cases.


The rules impose limits on issuers too, including disclosure requirements for certain business information and a $1 million cap on the amount the issuer can raise through crowdfunding in a 12-month period. Firms that want to raise more than $1 million can do so, but will have to provide financial statements audited by independent accountants, something that may be out of reach for many new startups.


Further, the SEC has created a framework for broker-dealers and the funding portals that will fill this new crowdfunding niche. The rules are final, though they will not take effect until May 2016; portals will be allowed to register with the SEC beginning in January.


In general, I am not opposed to this new arrangement. Within reason, it could potentially offer investors opportunities to support businesses whose goals align with their own or whose proposed products appeal to them. But given the wide appeal of crowdfunding, I worry about those inexperienced investors who may invest the majority of their portfolios in one or two startups, imagining they will strike it rich by getting in on the ground floor of the next Uber or Facebook.


An investor should first establish a well-diversified portfolio, invested in marketable securities across various asset classes and largely through mutual funds and exchange-traded funds to avoid company-specific risk. Even for investors with sizable, well-diversified portfolios, we usually recommend a maximum of no more than 10 percent be dedicated to private companies.


That is because, while startups and other private companies can be very rewarding, they are also very risky. According to The Associated Press, about half of all small businesses shut down within five years of launching. (2) Other estimates are much higher – some peg overall startup failure rates as high as 90 percent. Even well-capitalized companies that seem poised for success can be blindsided by a crucial flaw in a product, a poorly timed bout of bad publicity or legislative changes that undercut their business model. The more concentrated the position in any one company, the greater an investor’s risk.


Savvy investors know this and proceed cautiously. But I worry that inadequate education on the risks of startup investing, combined with the enthusiasm of crowds and the ease of using a Kickstarter-like website, may lure overly optimistic people toward investments that are much riskier than they seem on the surface. If everyone on your Facebook timeline is jumping on board, it may be easy to think “Why not?” in the same way it is much easier to donate to the Indiegogo campaign your friend just liked than it is to vet established charities on sites like Guidestar or Charity Navigator.


Investors with access to professional financial advisers, as well as institutional investors, also have advantages when performing due diligence on startup companies. They may have access to resources out of the average investor’s reach, or better context for understanding the information in front of them. A novice investor’s lack of know-how will doubtless be complicated by the fact information on private companies is sometimes limited, though the SEC’s disclosure rules are designed to combat this hurdle, at least in theory.


I also wonder how the SEC plans to ensure that investors comply with the restrictions on how much they are allowed to commit over the course of a year. The rules suggest the commission is placing the burden on the new funding portals, which must be SEC-registered from the outset. Portals must “have a reasonable basis for believing an investor complies with the investment limitations,” (1) but what safeguards will count as reasonable has yet to be determined.


Since there will almost certainly be a number of platforms established, what will prevent an investor from setting up accounts on multiple platforms to make investments significantly above the SEC’s limits?


White has said that SEC staff will “keep a watchful eye on how this market develops,” (2) but there is no immediate answer to the question of where the buck will stop regarding the limits the SEC expects platforms to enforce. The commission will issue a report on whether investor protections are robust enough within three years of the rules’ taking effect. In the meantime, investors will simply have to wait and see.


In the end, the new rules may help some startups get on their feet, and some smart investors may do well in helping them. But without education and sufficient enforceable protections, it is all too likely that some investors may get burned through too much optimism and fear of missing out on the next big thing.


If you want to learn more then consult with the experts at CL King & Associates. CL King provides investment banking, equity research, sales and trading, and investor services to corporations and institutions. The company has acted as Co-Manager for Walmart’s $16 billion nine tranche bond offering of 2 year fixed and floating, 3 year fixed and floating, 5, 7, 10, 20 and 30 year maturities. The issues are rated Aa2/AA.

If you want to learn more, please visit here:


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Jul 10 2018

Tired of Small Returns? Try Overseas Banking

Free offshore banking is not a new concept. However, the main idea is to entice foreign investors to deposit their money in an offshore bank. This works well for both the offshore bank and the investor. The offshore bank gets more funds to put in its holdings and the investor gets to take advantage of the many benefits of offshore banking. The benefits of a free offshore bank account can be higher returns, more safety and protection with their transactions, and access to many foreign investment options. Therefore, this can be a very nice option for investors to use overseas banking.

Investment Banks

With this said, an individual investor should exercise due diligence when looking at an offshore banks promising free offshore banking. Ideally, one should determine if they are trying to make up this cost in some other way like other “maintenance fees” or whether this is a result of a bank in an unstable jurisdiction. This instability could be either political or financial. For this reason, you should take your time reading the fine print for such offers and use the advice of experienced offshore financial advisors to find out whether the bank is offering you a good deal for your money and your investments. Many times these financial advisors can be found by doing a simple search on the Internet. In an advisor, you are looking for experience in overseas banking that spans several different jurisdictions and also a slew of satisfied clients. A good financial advisor is a great aid in finding the better offshore banks offering free offshore banking.


In addition, some people find that paying a small amount to start an account works better than using a free offshore bank account. However, opinions vary on this topic. Regardless of which bank you choose, the best advice is to do your due diligence to find the best one for your investing strategy.


Free Offshore Banking can be a great enticement for many investors. With all the benefits that overseas banking offers, we strongly recommend you look into them further regardless of whether you choose to go with a free offshore bank account or to pay a nominal fee.


If you still have queries about how to proceed with your investment goals then contact at 518.447.8050 and talk to our experts at CL King and Associates.

Also read: Investment Banking Assists Companies to Get Capital

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Jun 28 2018

Merchant Banking – Why It Is Important?

Merchant banks are one of the two types of investment banks like CL King and Associates. Merchant banking is quiet important in today’s world. With Governments continually changing and modifying rules and regulations and imposing statutory obligations on companies, merchant banks help business units by keeping them up-to-date with the various changes and also advising them on various financial decisions, in addition to providing insight on managerial decisions. These merchant banking services help corporate companies, especially small and medium size companies, with various decisions to help them make the best use of surplus funds to meet both short-term and long-term obligations. This includes helping companies and business units invest in the best available instruments that will give the best returns.


Merchant banks have crucial roles to play. They help companies in a number of ways. Every company needs to make the most of the funds it has, so merchant banking services help the company use its funds to make these funds grow. This can include everything from investing the funds of the company in the stock market and managing these funds to deciding when to sell the funds and book profits. These services will also advise larger companies on whether they should raise finance by issuing shares, when to issue shares, how many shares to issue and what price the shares should be issued at.


The merchant banker will also give a company advice on expansion and modernization. It decide whether a company should expand and the possible expansion options. This could be mergers, takeovers, amalgamations, acquisitions, joint ventures or various business diversification activities. The bank will help a company with all the formalities and procedures involved in carrying these possible options through to their completion.


Other merchant banking services include helping smaller business units. It will help units raise capital and guide them on how and where to raise the capital. It may also take on the entire investment portfolio management of the company. It is important for companies to have a specialist to do this so the management of the company can concentrate on running the day-to-day activities. The merchant bank will take the entire onus of maximizing the profitability of a company and devising various strategies to help grow the financial portfolio of the company. It helps to have a dedicated professional to take care of the investment portfolio management of the company. In fact, it will also help sick or bleeding companies get back on track by providing advice on how to improve their financial position and what can be done to turn losses into profits.


So, as you can see, the merchant bankers really have their jobs cut out for them. In a fast paced world like today, it is not only an advantage but a necessity for any company, big or small, to have a professional take care of its investment portfolio management with investment banks such as CL King and Associates.

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Jun 11 2018

Investment Banking Analysts

Published by under Investment Banking

When people have a problem involving raising capital, who would they consult? Yes, they would go and check with their investment banking analyst. People who are highly fascinated with the investment banking world would be at an advantage if they would actually prepare themselves for a career as possible analysts. Investment banking analysts are normally Bachelor-degree holders or undergraduates. In reality, these undergraduates typically work for a length of around two or maybe even three years before they do this. Before one could even think of becoming an investment banking analyst, they should first finish their Bachelor’s degree studies and also experience a summer internship prior to their senior year in college. The primary reason for this suggestion is due to the fact that a lot of recruiters employ investment banking analysts who once interned for their organization.


Those who want to become an investment banking analyst should be someone who actually takes pleasure in using a computer. This is because it is usual for these analysts to spend most of their hours at the said technology. What they actually do is they have cordial relationships with traditional and non-traditional financial sources that would be able to help their clients determine which one is ideal for the clients’ situation as well as their needs. These investment bankers could also assist people with raising equity, deal structure, and negotiations.


These analysts also often work at their homes and they even pull all-nighters when it is absolutely necessary. Some of their duties involve creating comps, editing pitchbooks, and building models. The more experienced analysts could even put together pitchbooks and still, there are others who could work their way into those exciting responsibilities like a live transaction type meeting. The analysts’ job details could definitely differ but one thing is guaranteed, their hours are normally long as well as tiring. One’s day might start at 9 in the morning and it could very well end way past midnight, although there are some days that could be considered slow.


Investment banking analysts should be highly proficient with Excel spreadsheets, Bloomberg, Word and PowerPoint as well as be familiar with writing VBA macros. They should also know how to make prospectuses, generate as well as track regular newsletters (or weeklies), get pitch books, run errands, keep schedules, and answer client phone calls, among others. Analysts should be hardworking, thorough, reliable and flexible. Some great tips to become a good analyst is to learn about the market and the finance industry, keep abreast of the business and financial news, start early, and always love the job.


After the analysts have worked for either two or three years, they might now want to pursue their MBA degrees and might or might not even return to the investment banking industry. Those former analysts that have gotten MBA degrees would have the clear-cut edge over others who have not actually worked in this particular field. Simply put, being a true-blue investment banking analyst is similar to proudly earning one’s stripes in the financial industry.


CL King and Associates is a full-service investment bank and self-clearing broker-dealer founded in 1972. At CL King and Associates, we enjoy a strong sense of pride and teamwork. Committed to professional development, CL King nourishes the strength of its dedicated team members.


Recent MBA graduates or MBA candidates looking for internship opportunities in financial services can submit their resume to

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Jun 05 2018

Investment Banking – Types to Know About

Published by under Investment Banking

Investment banks like CL King & Associates help private as well as public companies and organizations to gathers funds in both debt and equity capital markets. These banks were originally founded in order to raise capital and provide guidance on corporate financial strategies, such as acquisitions and mergers. Investment banks assume many different roles such as handing safety issues, providing institutional and public investors with brokerage services, providing corporate clients with financial advice, offering guidance on acquisition deals and mergers and more. These days, you can also find banks to have ventured into bridge financing, foreign currency exchange and private banking. Know about the two main types of investment banking companies.


Basic bank for invest


This kind of bank tends to issue bonds and stocks to customers for a predetermined sum. Then the bank invests this sum which has been used by the client for buying bonds and stocks. Such types of investments vary across different banks. In the nations where this type of investment is permitted, investment banks come with networks of lending and financial organizations that they can derive profit from. Other banks also make investments in construction and property development. Customers with bonds and stocks would tend get payments from the amount of profit that is made on the sum that they have invested for a particular time period.


Both the investment bank and the client derive profits from the sum initially invested by the client. As these types of banks are completely familiar with the trade methods, they are often consulted about corporate investment activities like acquisitions and mergers by both big and small corporations and business houses.


Merchant bank for investing


This is the other kind of investment bank. Such kinds of banks participate in trade financing and provide business ventures with capita in the form of shares and not loans. These banks have their businesses based on how secure shares are. Such types of institutions only fund those business ventures which have only started in the world of business. Generally, startup merchant companies do not get any financing. Merchant banks can be regarded only as investment banks which are ready to invest some amount of the capital of the organization. The money is put in the form of an equity investment. The company acts like research and advisory firms into the transaction and offers advice. In case you want trade financing, you will like to get in touch with a merchant bank rather than an investment bank.


The primary function of these banks consists of offering financial services and advice to individuals as well as corporate houses. Such kinds of banks function like a type of intermediary between the consumers of the securities and the issuers of the capital. Various companies issue these kinds of securities in order to gather funds in the stock markets. Merchant banks offer better monetary solutions and options to the customers, and can assist customers to gather money via low-cost resources. These banks are able to revive the economic health of sick firms.


CL King is a full-service investment bank and provides investment banking, equity research, sales and trading, and investor services to corporations and institutions. The focus is on debt and equity capital markets remain the core of our robust platform supported by a well-respected research, sales, trading and clearing operation.


If you’re still doubtful about how to proceed with your investment goals then contact us at 518.447.8050.

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May 31 2018

Global Investment Banking – CL King

Published by under Investment,Investment Banking

A global investment bank’s business thrives on doing deals. Global investment banking entails raising capital such as debt or equity for their clients as well as advising on a customer’s possible merger and acquisition transactions. On top of that, global investment banks also market securities such as stocks, bonds, and treasury bills to their institutional investors. These international investment banks actually trade for their respective accounts. There are numerous existing investment banks that are also involved in the management of third-party assets. International investment banking involves various departments such as the departments of debt capital market, equity capital market, asset management, risk management, trading, treasury management, merger and acquisition, as well as research.


The global investment banking world could be really confusing to an ordinary individual and that is a reason for people to seek help from qualified investment banks such CL King and Associates. A truly fine provider of the different global financial services should have a solid foundation in terms of dealing with the international market. It should also be able to timely deliver the global financial services and solutions that their clients might require from them. A few traits that a good international financial services provider have is that it should be able to offer sales, trading, advisory, and most importantly, the various strategies to raise a company’s capital.


A first-rate global investment bank should also be supported by competent staffs that boasts of a high level of execution capabilities together with an extensive and impressive track record. They should be able to properly distinguish the exact needs of their every client, set up customized financial proposals, and provide tailor-made financial strategies. Topnotch international financial services provider also maintains good corporate governance. These corporations try to fulfill all their social responsibilities to their shareholders as well as the other stakeholder groups. They enhance their corporate values and instill these in their employees while offering market-focused financial solutions and advice to their clients.


Some global financial markets that top investments banks cater to are those of New York, Tokyo, and London, among others. Global investment banking actually works to provide quality service to a vast clientele all throughout the world. Clients of international investment banks include the government sectors, major corporations, hedge funds, financial institutions, and also to other organizations. Global investment banks offer their services all around the world such as North America, South America, Africa, Europe, Asia, as well as the Middle East.


Global investment banking is very important to numerous clients worldwide. It has a lot going for them and it also offers flexibility for their clients. The primary objective of international investment banks is to ensure the financial success of their clientele. This is the reason as to why these banks offer plenty of solutions, strategies and services that involve the raising of capital from the public and private sectors, financial restructurings, and also financial solutions or even financial advisory. By providing these services, it guarantees that these international investment banking units offer extensive financial market knowledge as well as coordinated execution to their clients all over the world.


CL King & Associates is a full-service investment bank and provides investment banking, equity research, sales and trading, and investor services to corporations and institutions. The focus is on debt and equity capital markets remain the core of our robust platform supported by a well-respected research, sales, trading and clearing operation.


If you’re still doubtful about how to proceed with your investment goals then contact us at 518.447.8050.

To know more, please visit here:

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Feb 21 2018

7 Online Banking Success Stories

You have seen their ads and you may have wondered if they are worth a second look. What am I talking about? Online banks! Also known as internet banks, these are financial institutions who provide the majority of their banking services over the internet. Typically, online banks offer consumers high savings rates, low loan rates, and a mix of other services. Let’s look at 7 winners in this fast growing field:


1) E Trade Bank: Part of E Trade Financial, the discount internet stockbroker. E Trade Bank offers checking accounts, money markets, and certificates of deposits as well as a VISA credit card.


2) Netbank: Along with offering checking and money market accounts, Netbank provides mortgage and home equity lines of credit to customers. With tie-ins to affiliated companies Netbank also offers Auto, Homeowners, Condo/Co-op & Renters Insurance and Life, Health, Long Term Care & Dental Insurance.


3) Virtual Bank: VirtualBank, a division of Lydian Private Bank, is a federally chartered bank regulated by the Office of Thrift Supervision. The bank offers checking, savings, and credit card services to customers.


4) Ever Bank: This leading internet provider of banking services offers the most extensive, and varied services of any online institution. Ever Bank offers business and personal checking accounts, mortgages, home equity loans/lines of credit, reverse mortgages, a VISA credit card, and world currency accounts. This latter category is for investing in Deposit accounts and CDs denominated in any major world currency.


5) Emigrant Direct: Part of Emigrant Savings Bank which traces its roots back to 1850 as a service provider to Irish immigrants. Emigrant has $10 billion in assets and more than $1 billion in net worth. It operates as a full service bank through 36 branches in the New York metropolitan area, and through Emigrant offers only consumer services online; their high paying savings account is a chief investment vehicle.


6) ING Direct: ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. ING offers mortgages, loans/lines of credit, savings accounts, certificates of deposit, and money market mutual funds through another division.


7) MetLife Bank: Yes, MetLife. A division of insurance powerhouse Metropolitan Life, MetLife Bank offers savings accounts, certificates of deposit, money market accounts, mortgages, and IRAs to consumers.


If you are banking exclusively with a “brick and mortar” institution you may be missing out on high paying investment options or competitive loan rates that easily undercut many traditional banking entities. These online banking success stories are only part of a growing number of savvy providers, some of whom are definitely worth a closer look by you, the consumer.


C.L. King & Associates is a full-service investment bank and self-clearing broker-dealer founded in 1972.

Since our founding CL King has evolved from an equity boutique to a full-service investment bank. Our focus on debt and equity capital markets remains the core of our robust platform supported by a well-respected research, sales, trading and clearing operation.

To learn more about how C.L. King & Associates ’s capabilities align with your long-term goals, please contact us at 212.364.1830

Or visit us here:

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