1LectureFinancialSystem1

1LectureFinancialSystem1 - Financial System Money Market...

Info icon This preview shows pages 1–15. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Financial System Money Market Capital Market Financial Institutions
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2 1.Overview of the Financial System Financial Mkts Suppliers of funds Demanders of funds Indirect Finance Financial Ins.
Image of page 2
3 Examples Loan from a bank Buy a share from your uncle Buy life insurance
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
4 2.Classification of Financial Ins A. Depository Institutions : raise money b y taking in deposits
Image of page 4
5
Image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
6 Classification of Banks Schedule II : Foreign bank subsidiaries - Take retail deposits and service mostly ethnic groups - Deposits are insured by CDIC Schedule I : Big 6 (Bank of MTL, Royal Bank, CIBC, TD, National Bank, Scotia) and others - domestic banks offer full range of financial services - Deposits are insured by CDIC Schedule III : Foreign Branches… Don’t accept deposits of less than $150,000
Image of page 6
7 B. Contractual Savings : raise money by taking regular savings under specific contract Private PF
Image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
8
Image of page 8
9 C.Other Financial Institutions
Image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
10 Mutual Funds
Image of page 10
11 Public Financial Institutions : EDC, CMHC, CDIC…
Image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
12 Banking Today= Full Service FI
Image of page 12
13 Debt obligations with maturity ≤ 1 year Principal is generally secure Very liquid Issued in high denomination Dealer’s market 3. Money Market buy sell
Image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
14 A.Treasury Bills
Image of page 14
Image of page 15
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern