--%>
Assignment Help - homework help

For banking services how competitive is the market

For banking services how competitive is the market?
Along with more than 7,000 banks and thrifts in the U.S., banking is one of the most competitive industries in the world. Assume the following characteristics of the American financial services marketplace:

  • In the U.S. there are more banks per citizen than in any country in the world.
  • There are almost four times more deposit-taking institutions into the U.S. than in the 15 nations of the European Union, Canada, Switzerland, and Japan combined.
  • More than 7,300 credit unions, 2,500 mortgage companies, 5,000 securities brokers and 1,500 finance companies currently vie for consumers' business.

 

   Related Questions in Finance Basics

  • Q : Define Current Year Current Year (CY):

    Current Year (CY): It is a term utilized in budgeting and accounting to designate the operations of the current fiscal year in contrast to past or future periods.

    		•
  • Q : Legal factors to restrict a corporation

    Are there any legal factors which could restrict a corporation in its attempt to pay cash dividends to common stockholders? Describe. A firm may be legally limited as to the dividends it can pay through existing bond indentures or loan agreemen

    		•
  • Q : Why do analysts compute financial ratios

    Why do analysts compute financial ratios? Ratios are comparative measures.  Since the ratio illustrates relative value, they let financial analysts to compare information which could not be compared in its raw form.  For instance, rati

    		•
  • Q : Cause-and-effect chain Normal 0 false

    Normal 0 false false

    		•
  • Q : Describe relationship among a bonds

    Describe relationship among a bond's market price and its promised yield to maturity? Describe.A bond's market price based on its yield to maturity (YTM). While a bond has YTM greater than its coupon rate, it sells at discount from its face va

    		•
  • Q : What is the schedule of Federal Funds

    What is the schedule of Federal Funds and Reimbursements, Supplementary: The supplemental schedule proposed by departments throughout budget preparation that exhibits the federal receipts and reimbursements through source.

    		•
  • Q : Working capital what are the advantages

    what are the advantages and disadvantages of working capital source of finance

    		•
  • Q : Relationship which MPC bear to the size

    Normal 0 false false

    		•
  • Q : Time Value of Money Problems on a Texas

    TVM Appendix B: Using the TI-83/84  Time Value of Money Problems on a Texas Instruments TI-831 Before you start:  To calculate problems on a TI-83, you have to go into the applications menu, the blue  “APPS” key on the calculator. Several

    		•
  • Q : What is Change Book System Change Book

    Change Book System: The system the Department of Finance employs to record all the legislative modifications (comprising changes stated by the Administration and approved by the Legislature) made to the Governor's Budget and the last actions on the bu

    		•