Remove 2012 Remove Economics Remove Initial Public Offering
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How do Banks Make Money? Explanation, Examples

Peak Frameworks

When Facebook went public in 2012, it needed an investment bank to handle the Initial Public Offering (IPO). Capital Buffer: Regulatory bodies require banks to maintain a certain level of capital to ensure they can weather economic downturns.

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What is the Accounting Equation? Explaining Assets = Liabilities + Equity

Peak Frameworks

Components of the Accounting Equation Assets are resources owned by a company that has economic value and can be converted into cash or provide future benefits. For instance, Facebook's initial public offering in 2012 raised $16 billion in contributed capital. For example, Apple Inc. reported total assets of $338.16