Global financial system

Lehman Brothers Lehman Brothers Holdings Inc was a global financial institution that played an important part in the financial and commercial history of the United States for more than 150 years. It was found in 1850 by Henry, Emanuel and Mayer Lehman and was the largest investment bank in the US. Its headquarters was in New York and it was dealing with investment and private banking. On September 15, 2008, it created a record bankruptcy in American history. The following day, part of it was…

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…

Financial Accounting and Managerial Accounting Financial accounting and managerial accounting are both used to deliver facts about the organization to a decision maker. Managerial accounting is often mentioned as “cost accounting”. This is the method of categorizing, calculating, investigating, understanding, and connecting data for determining the businesses goals. Managerial accounting and financial accounting vary in significant ways, managerial accounting is designed to assist managers in…

differentiate itself with rivals. TI sales grow faster than industry average. The firm’s image and reputation grows stronger, TI profit margin increase and better than industry. The net profit and return on investment grow stably. The overall financial strength improves. TI can create the premium value to customer by providing additional service to help customer to solve issue and delivery when customer need. The key measures of operating performance remained steady. All of above indicate the…

a large portion of the world’s economies were hit by the Great Recession. The global economy suffered from a sharp and synchronized downturn that continued until 2013. The recession began with the global credit crunch which led to a long period of low growth and increased unemployment. The main reason behind the recession was the reliance of these economies on the fragile financial system and unbridled banking system. The period of 2000-2007 was a time of strong economic growth, low inflation…

of the people on financial literacy in decision-making initially becomes inspirations to this essay. Diversification of financial instruments and the complexity of procedure lead to the people realize on crucial role of financial knowledge. The Financial literacy concept is extensively acknowledged as a pivotal element within many areas of life when people begin to enter the modern global market, such as become an entrepreneur, an investor, or an officer. In a broad sense, financial literacy may…

financial services. Moreover there is extremely high entry barrier with financial policies and regulations, acceptance of brand value and by which these institutions sustain natural monopolistic position (Boyer & Nyce, 2005). Forex services are offers conversion of one fiat currency into fiat another currency. The service ranges from a kiosk exchange to high value payments between business corporations. Investment services institutions offer services to increase the monetary value of assets they…

This is according to an Islamic Finance Marketplace – Enterprise Innovation Deal Flow (2014). Growth of Islamic Banking The global Islamic finance industry reached approximately US$1.9 trillion in assets as at the end of first half of 2014. The industry’s assets have grown at sustained double digit compounded annual growth rate of 16.94% in the last five years (2009-2013). Islamic…

The financial crisis is an event in time that we will all remember. Professor Corcoran hosted an event that would focus of discussions to figure what happened and what we could do to fix the financial crisis. This allowed for opinions to flow and be made. There were many reasons that the financial crisis happened. If I could put the problems in a rating system based on Professor Corcoran’s thoughts I would say that banks becoming greedy was the main reason for the crisis. The banks rolled the…

subsidiaries of P&O Berhad. P&O Insurance is one of the largest Malaysian general insurers, and listed on the Main Board of the Bursa Malaysia Securities Berhad in 1995. Since then, Pacific & Orient Berhad has diversified in business interests to include financial services and information technology services. These businesses have a common pool of human and information resources which the Group can capitalize on in its search for new business and investment opportunities Board of Director CHAN…