Untitled2_30 - 24 Principles of banking and finance USA UK...

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Table 2.2: Equivalent names of depositary institutions Table 2.2 shows the different names used for the US institutions we looked at above. Add your country to the table in the last row. (Refer to Chapter 3 ‘Comparative financial systems’ to analyse the historical developments of national financial systems and to understand the reasons for the existence of bank-based and market-based financial systems across countries). Activity 2.6 In the following table, list the names of some major financial institutions and briefly note down the special features of the financial system in each country. Country Examples of important financial Special features of their system institutions USA UK Japan France Germany Nature of financial instruments (securities) Financial instruments (known as securities) can be classified into two broad groups: debt instruments and equity instruments. Note that there are also derivative instruments (such as futures, options and swaps), which are financial instruments that derive their value from the value of some other
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This note was uploaded on 09/23/2009 for the course BUSI 101 taught by Professor Wormer during the Spring '08 term at Acton School of Business.

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