Financial Sector Essay

and outgoing cash flows. Since RICB borrow funds from the other financial institutions and competes in the same lending market, the unwillingness from the banks to lend to RICB is affecting the funding sources. RICBL also faces problem in Non-repayment of loans by the loan clients affects the cash flow in terms of further lending and a regulatory restriction in terms of issuing different policies, as RICB is a non-banking financial institution. Therefore Finance Department in RICBL helps to…

The idea of mutual fund began to take shape in India in 1963 with the set up and enactment of Unit Trust of India (UTI) when the UTI Act, 1963 was framed to operate both as a financial institute and an investment trust. In 1964, the board of trustees formulated an openended scheme and launched it with scale of units begin open in the month of July, 1964 at the nominal value of Rs. 10 each. Thus, the UTI came out with its first open-ended scheme in 1964. During the initial phase of the…

Cyber Attacks on Financial Institutions Over the past few years the global financial sectors have become victims to an overwhelming increase in cyber security criminal attacks on financial institutions around the world. Hackers are the single most dangerous enemy facing financial institutions today because of their malicious intent to obtain financial gains or harm the reputation of companies. Last year hackers took aim at JPMorgan Chase and a number of other banks, stealing customer and other…

advertising and public relations has changed after the 2008 financial crisis because of how and what information is being published. The changes in gatekeeping has contributed to the ongoing narrative of the financial crisis because each field now releases information about finances differently than before 2008. The field of journalism has contributed to the ongoing narrative of the financial crisis because of what news is being covered. Financial journalism is different from most news…

Beauchamp, & Bowie, 2013). “Capitalism is a system of social interaction which uses money as a medium of exchange for goods and services” (Roldan, 2010). Capitalism is rooted in the value gained from a transaction. Buying a home is one of the largest financial transactions a person can make in their life, and it arguably…

Since revenue is the basis for inclusion, every company is authorized to operate in the United States and files a 10-K or comparable financial statement with a government agency. In general, private organizations withhold information from the public and are not including on the list. Other companies excluded from the list include those that fail to report full financial statements for at least three quarters of the current fiscal year. Unknown Object The Fortune 1000 is still considered an…

The Financial Industry (the banking sector) The University of Zurich Article BUSINESS CULTURE IN THE BANKING INDUSTRY FAVOURS DISHONEST BEHAIOUR A new study by Alian Cohn, Ernst Fehr, and Marechal from the Department of Economics at the University of Zurich done to show if the rumours saying that bank employees in nature are less honest people true. Their results show that bank employees are in principle not more dishonest than their colleagues in other industries. They did so by randomly…

QUESTION #1 FINANCIAL LIBERALIZATION IN PWCR When looking at how financial liberalization (FL) is present in the Post-Washington Consensus Regime (PWCR), it is important to follow our new IPE approach which consists of two categories: materiality and ideas. This approach allows the reader to observe FL’s role in Global Development in action by answering three key questions: Who benefits and why from the way financial crises are resolved? What is the nature and source of power? How is the…

The finance and health sectors are often compared to one another. Both provide important services and are highly regulated. Physicians and financial advisers also play similar roles in guiding clients through numerous products and decisions, so that debt and disease may be avoided. Where the two sectors differ is with their use of technology. IT systems have revolutionized financial services, and as a result, the banking industry has saved billions of dollars while offering consumers numerous…

weave stories into a sharp-edged narrative gives people a full understanding of the fiscal recklessness in Europe. The picture of the growing debt problems and the imminent risks they pose to the world were clearly highlighted. The sad truth is that financial breakdowns and schemes are evident in most parts of the world. The devastating bubbles can no longer be swept under the carpet as it was done in the years preceding 2008. Lewis who is the author of The Big Short, The Blind Side and…