The Financial And Banking System - 2407 Words

The Financial and Banking System of: Argentina Presented In Partial Fulfillments of the Course Requirements for FIN 4634 International Banking Prepared for: Marcos A. Kerbel Participating Adjunct Professor Department of Finance Real Estate Florida International University Miami, Florida Prepared by: Frias, Justin Panther ID 4929265 954-701-6898 Jfria012@fiu.edu Date of Report 07/ 28/ 2015 The Financial and Banking System of: Argentina I. Table of Contents Insert Applicable Page Nos. Geography Argentina is a country located in southern South America (or Southern Cone). It is bordered by the Andes in the west and the South Atlantic Ocean to the east, neighboring countries are Chile to the west, Bolivia and Paraguay to the north, and Brazil and Uruguay to the northeast. Argentina is the second largest country of South America after Brazil, and the 8th largest country in the world. Its total area is approximately 2.7 million km ². Argentina claims a section of Antarctica (Argentine Antarctica) but has agreed to suspend sovereignty disputes in the region as a signatory to the Antarctic Treaty. Argentina also asserts claims to several South Atlantic islands administered by the United Kingdom. With a population of more than 42.1 million, Argentina ranks as the world s 32nd most populous country as of 2010. History of Argentina The history of Argentina is divided by historians into four mainShow MoreRelatedBanking and Financial System are Heavily Regulated1122 Words   |  5 PagesBanking is a heavily regulated industry that is very protected to prevent crises that can cause huge economic harm. One topic that has been greatly debated in the history of financial systems is whether competition is good or bad for financial stability. It is complex and hard to know which side is right. Pretty much everyone with an opinion at least concedes that there are good points for both sides. All the arguments run both ways, and the evidence is mixed. History can show evidence that bothRead MoreFinancial Regulatory And Financial Challenges Of The Indian Banking System802 Words   |  4 PagesThe convergence with the International Financial Reporting Standards (IFRS) may also place additional demands on the banks’ technical as well as human resources. Considering the granularity of data required for effective supe rvisory review, efforts should be to automate data flow from reporting entities through the adoption of straight-through processing systems. With regard to financial inclusion, quantitative coverage has improved, but meaningful financial inclusion through the evolution of sustainableRead MoreThe Role of Investment Banking in the Us Financial System Essay examples2975 Words   |  12 PagesGlass-Steagall Act. Originally, the term investment bank comes from the United States of America, while some other variations include ‘merchant bank in the United Kingdom and ‘securities house in Japan. With the globalization of US investment banking, the term has become a generic concept, nonetheless, while in the USA merchant bank has come to mean a bank which risks its own capital in bridge loans and position taking. Small, limited-function investment banks are called ‘boutiques. They thriveRead MoreThe Financial And Banking System Of The Standard Chartered Bank Iranian Transact ion Scandal1466 Words   |  6 PagesThe Financial and Banking System of: Standard Chartered Bank Iranian Transaction Scandal Presented In Partial Fulfillment of the Course Requirements for FIN 4634 International Banking Prepared for: Marcos A. Kerbel Participating Adjunct Professor Department of Finance Real Estate Florida International University Miami, Florida Prepared by: Deyved Massaad 3316868 786-266-1849 dmass019@fiu.edu 10/05/2015 †¢ What are ethics and their importance in global banking and businessRead MoreChapter 1 - What Is Shadow Banking? This treatise draws on a number of current researchers on the1200 Words   |  5 PagesShadow Banking? This treatise draws on a number of current researchers on the shadow banking sector, i acknowledge their influences on my thinking and thank them, Melanie Fien, Zoltan Pozsar, Adrian Ashcraft The term â€Å"shadow banking† is one that is used by banking regulators, the media and academics especially when coming up with explanations for the financial crisis of 2007-2008. It has become a rallying point for international reform efforts aimed at the unregulated nonbank financial activitiesRead MoreThe Dynamics Of Banking And Financial Reform1447 Words   |  6 PagesA) The Dynamics of Banking and Financial Reform After the collapse of Lehman Brothers, the G-20 became the most important forum for economic cooperation . Its positive impact in the realm of financial regulation can be determined by two main results. Firstly, the most important emerging nations were included in the premier league, thus rebalancing most part of worldwide financial authorities, increasing the number of players who now participate in financial regulation. Secondly, the G-20 startedRead MoreThe Shadow Of Shadow Banking1311 Words   |  6 Pagesbank† – (Laura E. Kodres) Shadow banking is a bit of a modern day marvel, so to speak, taking on several complex forms. â€Å"The term Shadow Banking generally refers to the non-banking financial institutions that perform some banking functions but are not regulated or are less regulated than banks. In other words, they are either unregulated or under-regulated financial entities. The shadow banking system or the shadow financial system consists of financial institutions, which do not accept depositsRead MoreSmall Complex Financial Institutions Found Themselves Of Liquidity At The Beginning Of The Crisis1036 Words   |  5 Pagescomplex financial institutions found themselves of liquidity at the beginning of the crisis and as it progressed. I think they were surprised. The trigger for the liquidity crisis was an increase in subprime mortgage defaults, which was first noted in February 2007. The bank centered nature of the crisis made it harder than in the past for banks to attract deposits and provide liquidity to borrowers shut out of securities markets. Banks may not be able to provide liquidity in a financial crisis.Read MoreThe Twentieth Century American Banking System1453 Words   |  6 Pagesthe Twentieth Century American Banking System. Banking regulations are implemented to strengthen the banking sector and to eliminate bank panics. For example, the creation of the Federal Reserve System in 1913 was largely a response to lessons learned in the Panic of 1907. The Creation of the Federal Reserve System in 1913 marked the beginning of the modern era of Banking in America. From 1864 until 1913, American banking was dominated by a federally regulated system of the national banks. They aloneRead MoreEssay on Bank of America Case Analysis1705 Words   |  7 Pageslargest secure mobile banking service in the United States and has over four million mobile banking customers. BofA mobile banking service gives the customers access to their checking accounts for balance, transfers funds and to pay bills through a mobile application (app ) on their mobile phones and the mobile web on their phone’s browser. In past years, BofA has been discussing the bank’s mobile strategies concerning mobile banking and how to incorporate mobile banking that is specific to the