institutional financial management
All questions must be attempted
1. Outline the main types of financial institutions; explain their function together with a description of the main products and services offered by each. (200 words)
2. Compare and contrast how the Federal Reserve works with the Bank of England and outline their functions. Discuss how expansionary activities conducted by the Federal Reserve impact the money supply, credit availability, market rates and security prices. (800 words).
Discuss with the aid of diagrams of the money market and Treasury bill market what happens when the Bank of England conducts a restrictive open market operation. (400 words). for the money diagram you can you can use EXPANSIONARY OPEN MARKET OPERATIONS (C. B. buys T. Bills and CONTRACTIONARY MONETARY POLICY (Central Bank sells T Bills) the diagrams below .
What policy measures were taken by the Federal Reserve and the Bank of England to address the financial crisis in 2008-09? (300 words)
3. What are the four major sources of funds for commercial banks? What alternatives does a commercial bank have if it needs temporary funds? What is the most common reason that banks issue bonds? (500 words)
4. Explain how mortgage backed securities contributed to the recent financial crisis? (300 words)
5. What purpose do property and casualty insurance serve? Explain how the characteristics of property and casualty insurance and life insurance differ? (300 words).
6. Explain how investment banks assist companies wishing to raise finance. (200 words)
Your work must contain at least 20 in-text references
For question 2
for question 2