FIS 260 Week 2 DQ 1 And DQ 2 To purchase this material click below link http://www.homeworkrank.com/FIS-260/FIS-260Week-2-DQ-1-And-DQ-2 For more classes visit www.homeworkrank.com Week 2 DQ 1 Financial institutions serve various functions and roles. You are probably familiar with the services and functions of commercial banks and other depository institutions, but what about contractual savings organizations, securities firms and finance companies? Why do you think these institutions are important to the financial system? Why are insurance companies and pension funds necessary? How do investment companies and brokerage firms operate? What do you think would happen if there were no finance companies? Week 2 DQ 2 Why do you think international banking is important? What are some of the differences between banks in the United States and those in other countries? Why did the United States pass the International Banking Act in 1978, and then the Foreign Bank Supervision Enhancement Act in 1991? Do you think these laws are a good idea, or do you think that the banking system in this country should more closely resemble the banking systems of other countries? Explain your answer.
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.