Define each of the following terms and explain how each has affected the financial institutions system in
Question:
Define each of the following terms and explain how each has affected the financial institutions system in recent years.
a. Branch banking
b. Interstate banking
c. Mutual funds
d. Financial holding company
e. Savings and loans
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a Branch banking is the operation of more than one facility by a bank State restrictions on branch b...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Economics Theory And Practice
ISBN: 9781118949733
11th Edition
Authors: Patrick J. Welch, Gerry F. Welch
Question Posted:
Students also viewed these Business questions
-
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
-
Define each of the following terms and explain how each affects the demand for medical care: (1) physician sovereignty, (2) third-party payment, (3) defensive medicine, and (4) attitudes of patients.
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
can you complete this concept map that reviews some key ideas about species and speciation logy with Lab Connecting the Concepts: Species and Speciation oncepts: Species and Speciation oncept map...
-
The two capacitors in Figure P5.42 were charged and then connected as shown. Determine the equivalent capacitance, the initial voltage at the terminals, and the total energy stored in the network....
-
A chemical company uses large amounts of shredded steel scrap metal in its production processes. Most of this scrap comes from 12-ounce beverage cans (soft-drink and beer cans). On behalf of the...
-
What is supercharging? Explain the structure and working of two-stroke diesel engine.
-
Revenue and expense data for the current calendar year for Sorenson Electronics Company and for the electronics industry are as follows. The Sorenson Electronics Company data are expressed in...
-
Explain Demings quality principles? with Example
-
Explain the changes brought to banking and the significance of the following pieces of legislation: the Monetary Control Act of 1980, the Gramm-Leach-Bliley Act, and Dodd- Frank.
-
The First National Bank of Anytown had $50,000,000 in its reserve account at the Fed one morning. Later that morning, $2,500,000 in checks that had been deposited at the Bank of Anytown were...
-
In Exercises, use a derivative routine to obtain the value of the derivative. Give the value to 5 decimal places. f'(2), where f(x) 1 + x
-
Q:1 Ms. Sarah is a single woman with no children. Her parents, all pass away long time ago, the only relative she has is her sister, who is also her employee. Moreover, she is a successful business...
-
How would you rewrite this Java for loop as an enhanced for loop? int[] nums (3,6,1,9,7}; for (int x=0; x < nums.length; x++) { System.out.println(nums[x]); }
-
7) Find the first derivatives of the following functions, simplifying your answers where possible: a) y = 10 + 4x + 2x-1 b) y = 8x + x - 10 c) y = (x - x) d) y = log10 (x)
-
Jane currently has a portfolio of shares giving a return of 18% with a risk of 10%. She is considering investing in one of the following additional investments. A 8% 5% -0.7 Return Risk Coefficient...
-
2. We will later learn that bone strength (S), which is defined to be the maximum weight that a bone can support, is proportional to the bone's cross sectional area (A). Bones need to support weight...
-
Refer to Practice 19-3 and complete the following: 1. Compute the total amount (including all forward-related cash flows) that the golf course developer will pay to buy 5,000 trees in Year 2,...
-
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
-
How did these systems improve operational efficiency?
-
How did these systems improve decision - making? Give examples of two decisions improved by Plans new systems.
-
Describe the capabilities of Ciscos IX5000 telepresence system. How do they promote collaboration and innovation?
-
Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 4,806 tons in beginning work in process inventory (80% complete) on October 1. During October, 80,100 tons were...
-
Redfern Audio produces audio equipment including headphones. At the Campus Facility, it produces two wireless model Standard and Enhanced, which differ both in the materials and components used and...
-
Fun Time Cruiseline offers nightly dinner cruises departing from several cities on the East Coast of the United States including Charleston, Baltimore, and Alexandria. Dinner cruise tickets sell for...
Study smarter with the SolutionInn App