Question

Banks are no Longer as Limited when Competing with Other Financial Institutions for Funds Targeted for...

Banks are no Longer as Limited when Competing with Other Financial Institutions for Funds Targeted for the Stock Market - interpret this comment

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Banks are no Longer as Limited when Competing with Other Financial Institutions for Funds Targeted for the Stock Market

In earlier times, banks were only into their financial services such as deposits and lending, but now a days banks are providing third party services such as mutual funds, life insurance and general insurance like other financial institution. hence now a days banks are not less then any other financial institution, they are providing bouque of services to their estemeed clients. hence we say that banks are no longer as limited with competing with other financial institutions.

I hope the explaination is sufficient. pls let me know if you need any further explaination

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Financial regulations are rules created and imposed by the government on financial institutions, such as banks....
Financial regulations are rules created and imposed by the government on financial institutions, such as banks. The objective of financial regulations is to prevent the abuse of financial services to customers, to protect the savings of the public, and to keep the financial economy stabilized (Rose, Hudgins 2008 p. 31). It is accurate to state that the impact of past financial crises has established and contributed to the amelioration of financial regulation over the decades. In 1929 when the Great...
9-8 When financial institutions, such as banks or credit unions, advertise the rates on their loans,...
9-8 When financial institutions, such as banks or credit unions, advertise the rates on their loans, they often report the APR. If you wanted to compare the interest rates on loans from different financial institutions, should you compare the APRs? Explain.
The recent collapse of some banks and financial institutions and the merger of others in ghana...
The recent collapse of some banks and financial institutions and the merger of others in ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and...
The recent collapse of some banks and financial institutions and the merger of others in Ghana...
The recent collapse of some banks and financial institutions and the merger of others in Ghana is proof that the financial system which consists of institutional units and markets that interact, typically in a complex manner, for the purpose of mobilizing funds for investment and providing facilities, including payment systems, for the financing of commercial activity remains unprotected in spite of the the presence of the Regulator and a solid legal system backing it. From the discussion in class and...
Why do economic downturns caused by banking or financial institutions crises lead to longer and deeper...
Why do economic downturns caused by banking or financial institutions crises lead to longer and deeper recessions than those caused by other sectors of the economy, such as decline in manufacturing?
1. Banks and mutual funds are examples of financial intermediaries. (T/F) 2. If the federal government...
1. Banks and mutual funds are examples of financial intermediaries. (T/F) 2. If the federal government runs a budget deficit then public saving is negative. (T/F) 3. The financial system consists of the institutions that help to match one person’s saving with another person’s investment. (T/F)
Banks can borrow from each other on the federal funds market or borrow from the Fed....
Banks can borrow from each other on the federal funds market or borrow from the Fed. Banks borrow far more on the federal funds market than from the Fed. You can borrow from your friends or from your parents. From whom are you more likely to borrow? Why do you think banks prefer to borrow from each other?
The Federal funds rate is: The interest rate that banks charge one another for short-term (typically...
The Federal funds rate is: The interest rate that banks charge one another for short-term (typically overnight) loans. When the Federal Reserve uses open-market operations to sell government bonds, the quantity of reserves in the banking system increases, banks' need to borrow from each other rises , and the federal funds rate increases. The interest rate that banks charge one another for short-term (typically overnight) loans. When the Federal Reserve uses open-market operations to sell government bonds, the quantity of...
1. How can financial institutions with stock portfolios use stock options when they expect stock prices...
1. How can financial institutions with stock portfolios use stock options when they expect stock prices to rise substantially but do not yet have sufficient funds to purchase more stock? 2. Explain how and why the option premiums may change in response to a surprise announcement that the Fed will increase interest rates even if stock prices are not affected?
27. The Fed s major concern in supervising the activities of financial institutions is to Select...
27. The Fed s major concern in supervising the activities of financial institutions is to Select one: a. maintain an efficient payment system. b. promote the efficient functioning of investment banks. c. reduce the cost of borrowing and lending. d. promote the soundness and the safety of depository institutions. 28. The Federal Reserve regulates and supervises the financial system for the following reasons except Select one: a. to promote the smooth running and efficiency of the economy. b. to influence...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT