Subprime lending

Introduction: The investment banking industry is one of the prime destinations for talented business and finance graduates globally. As the industry is so popular, it is notorious for its highly competitive recruitment process. At present, the easiest way to enter this highly competitive industry is through the spring week programme. Almost all of the top UK based financial institutions offer spring weeks to undergraduate students including JP Morgan Chase, Morgan Stanley, Goldman Sachs, Deutshe…

"HONG KONG — GDP is so 20th century. The measure has risen from humble beginnings during the Great Depression to be an essential gauge for governments and central banks the world over." (Agency Staff, 2016) GDP is struggling to keep pace with economic change, due to an increase in e-commerce where transactions occur instantaneously it has become increasingly difficult to track economic output. Also due to GDP's tendency of ignoring distribution effects it effectively doesn't entertain rising…

1) Identify Challenges After reading the case of Oliver’s Market, I found out some issues that associated with this company internally and externally. Internal Issues: 1.Oliver’s market kept investing on its Cotati Store, but the landlord even didn’t want to talk to them, which means all of its two million investments may disappear if the landlord decides not to rent the place to them after the ten-year lease ended. That is a huge financial and location loss issue for Oliver’s Market.…

A few years ago, my wife Diane and I packed our lives into six suitcases, Diane tucked our beloved Chihuahua, Carmine, under her arm and we set off to build a new life in a small coastal village on Ecuador's northern coast, a country we had never visited. To say we had a fair amount of fear and anxiety would be putting it lightly. As we were riding from Quito's airport high in the Andes mountains to our destination on Ecuador's northern coast about eight hours away, all the familiar fears we'd…

United States vs. American Express Company Hannah Garcia Professor Lignugaris In 2010, the United States State Attorney and seven other states filed a lawsuit for antitrust violations against American Express. When new credit cards entered the market such as Visa, Master Card, and Discover Card, American Express lost profits by roughly 20%. Since this hurt American Express and their earnings, they responded by tightening the contractual restraints of Non-Discrimination Provisions…

The Dodd-Frank act has defined the American financial system since 2010. The law was passed by Congress in order to increase accountability and regulation for banks, financial intermediaries, and market exchanges. The bill has been highly disputed across the United States, with critics saying the law either goes too far or doesn’t go far enough. Many deadlines for implementation of additional parts of the law have been missed (Liu) and as of recently a repeal bill has been passed through…

In Duff McDonald’s paper, The Running of the Hedgehogs, he talks about a certain type of investment called hedge funds. These funds are compared to buying multi-million dollar art pieces that can be sold at a higher price later on, a past time for the ultra rich. The article talks about as of now, there are few regulations regarding hedge funds versus mutual funds. But mentions there are 9,000 hedge funds, with 351 managing $1 billion (page 166). He further explains that if 1 out of 3 prominent…

Some years after the American War of 1812, America became isolated from Europe because there was a feeling that the United States needed a protection plan to strengthen the economy against foreign powers. The system was designed by both politicians and citizens This system concentrated on keeping American products in the United States. The Economic Plan is also known as the American System was designed to encourage economic enterprise in 3 ways. First, by creating roads and canals, then by…

Factor 3: Global Economic Influences on the Australian Economy a) Australia has been a participant in world trades, investments and financial flows for many years. Thanks to improved technology, market growth and many other facets of the global economy, this globalisation has only become easier and is now at a point where every country is affected by global economic influences, good and bad. An example of this at play in Australia would be the recent political uncertainty with the US…

The amount of power America has and how other nationals perceive us is very important. Thanks to the 2008 financial crisis and the U.S.'s sluggish economy even after the end of the crisis, many problems pointing to America's decline have become more clear. Many people are beginning to question if the United States is a declining power and how this will effect the international system. I believe that the United States is a declining power currently, but I don't think that this will be a permanent…