_________ is the process of transforming otherwise illiquid financial assets into marketable capital market securities

Two sets of regulations have seriously restricted the ability of banks to make profits:

If market interest rates rose above the maximum rates that banks paid on time deposits, depositors withdrew funds and put them into

In a sweep account arrangement, any balances above a certain amount in a corporation’s checking account at the end of a business day are “swept out” of the account and invested in overnight securities that do not earn interest.

Regulating agencies of banks in the Philippines

Which of the following is not an example of electronic banking?

Banks have been merging to create larger entities or have been buying up other banks.

Banks authorized to accept deposits and make credit available to farmers, businessmen and cottage industries in rural areas

Bank consolidation will eliminate small banks, referred to as _______, and that this will result in less lending to small businesses.

Glass-Steagall Act of 1933

Gramm-Leach-Bliley Act of 1999 led allowed consolidation in terms not only of the number of banking institutions, but also across financial service activities.

The first phase of bank consolidation was the result of bank failures and the reduced effectiveness of branching restrictions.

They are the only depository institutions that are tax-exempt and can be chartered either by the states or by the federal government.

People taking their money out of banks, with their low interest rates (both checkable and TD) and seeking out higher-yielding investments is called

Primary function of ______ is to protect the small investors/depositors and to build a strong banking confidence.

Measures of bank performance include the

The success of bank ______ led institutions to come up with a new financial innovation, _______.

It is a short-term debt security issued by large banks and corporations.

A _______ is a corporation that owns several different companies.