FIN 419 Week 5 Team Assignment; International Finance Paper

FIN 419 Week 5 Team Assignment; International Finance Paper...

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Finance Paper 1 International Finance Paper University of Phoenix Online FIN/419 Date: July 26, 2010 Name……………………
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Finance Paper 2 International Finance Paper An investment banker is an individual or institution that acts as an underwriter or agent for corporations and municipalities issuing securities (Investor Words, 2010). Investment bankers also provide financial advice on business elements such as: mergers, acquisitions, and takeovers. Organizations must consider the regulatory bodies that establish policies that they are required to follow both on a domestic and international scale. Regulatory bodies are used to provide uniform procedures and ethical reporting practices. Wal-Mart has used a variety of different investment bankers and financial advisors with its growth throughout the world. The below paper will review how investment bankers have played a role in Wal-Mart’s global expansion as well as regulatory bodies and contemporary issues in international finance management. Global Investment Banking Wal-Mart continues to span the globe at a phenomenal rate. Wal-Mart began its first international joint venture with Cifra in the year 1991 in Mexico. The giant retailer notes in their fiscal year 2010 10-K financial reporting “Our business strategy for our International segment includes expansion by selective acquisitions and strategic alliances that add new stores and markets to our existing International business, as well as opening new units in the countries in which we have existing operations” (Wal-Mart, 2010, p. 14). Operating in approximately 15 countries, the international growth of Wal-Mart is an ambitious and a constant strive move toward global expansion through foreign acquisitions, new attainments, and revamping of existing stores and units. However, facing fierce competition both nationally and internationally, Wal-Mart continues to examine their financial position before continuing forward with further expansions by employing investment bankers and financial
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Finance Paper 3 advisors like Credit Suisse, UBS Investment Bank, and Dresdner Kleinwort Wasserstein, etc. All have assisted in Wal-Marts acquiring interests throughout the years, which have been essentially beneficial in the retailer’s global expansion. Investment bankers like Credit Suisse, UBS Investment Bank, and Dresdner Kleinwort Wasserstein are individuals or firms that assist organizations in raising money or capital as underwriters. This type of capital may come from issuing or selling securities like stocks and bonds notably debt or equity. In addition, investment bankers provide financial advice in relations to transactions of mergers, acquisitions, and takeovers. Sometimes this process may be challenging because of economic changes and financial circumstances.
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