PRIN.OF CORPORATE FINANCE >BI<
12th Edition
ISBN: 9781260431230
Author: BREALEY
Publisher: MCG CUSTOM
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Textbook Question
Chapter 33, Problem 11PS
Financial markets and institutions Banks are not the only financial intermediary from which corporations can obtain financing. What are the other intermediaries? How much financing do they supply, relative to banks, in the United Kingdom, Germany, and Japan?
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Which of the following is true of the current state of financial regulation for financial institutions (FIs)?
Most banks can transfer risk on a greater scale and in more complex ways than before.
Most FIs now conduct virtual global business, reducing the influence of very large FIs.
Most global financial money and capital markets are deliberately disconnected.
Most securities exchanges have required majority ownership by resident nationals.
Discus various reasons why financial firms usually tend to offer credit in financial markets outside their own country.
Which of the following is true about financial institutions in the United States compared to those in other countries?
(a). Most U.S. intermediaries are allowed to engage in nonbanking (nonfinancial) business activities, whereas the nonbanking activities of foreign financial institutions have been severely restricted until recently
(b) .US, financial institutions have been much more heavily regulated than their foreign counterparts with regard to expansion (branching) and the services that could be offered
(c).U.S. financial institutions and their foreign counterparts have similar regulations with regard to engaging in nonbanking activities
(d). U.S. financial institutions and their foreign counterparts have similar regulations with regard to expansion (branching) and the services that could be offered.
(e).US, financial Institutions have been regulated less than their foreign counterparts with regard to expansion (branching) and the services that could be offered.
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PRIN.OF CORPORATE FINANCE >BI<
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