Question: Leading money center banks in the United States have accelerated
Leading money center banks in the United States have accelerated their investment banking activities all over the globe in recent years, purchasing corporate debt securities and stock from their business customers and reselling those securities to investors in the open market. Is this a desirable move by banking organizations from a profit standpoint? From a risk standpoint? From the public interest point of view? How would you research these questions? If you were managing a corporation that had placed large deposits with a bank engaged in such activities, would you be concerned about the risk to your company's funds? Why or why not?
Relevant QuestionsThe term bank has been applied broadly over the years to include a diverse set of financial-service institutions, which offer different financial-service packages. Identify as many of the different kinds of banks as you can. ...What key roles does the Federal Reserve System perform in the banking and financial system?Why must we be concerned about privacy in the sharing and use of a financial-service customer’s information? Can the financial system operate efficiently if sharing nonpublic information is forbidden? How far, in your ...How did the Federal Reserve change the policy and practice of the discount window recently? Why was this change made?What is monetary policy?
Post your question