GK Power Capsule – March’ 2014 (The Hindu Review) This GK Capsule has been prepared by Career Power Institute Delhi (Formerly Known as Bank Power). This has been prepared on the basis of news and events appeared in The Hindu Newspaper in the month of Feb 2014. It will be very useful for upcoming exams like SBI PO 2014 & SSC CGL 2014. 1. Abdullah‚ the king of Saudi Arabia appointed his half-brother Moqren as the next heir to the throne. 2. Sunil Gavaskar was appointed as the interim president
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Sub-prime Mortgage Market Crisis 11 4.3 Impact on Northern Rock 12 5 The Collapse of Northern Rock 13 5.1 Bank Run 13 5.2 Nationalization of Northern Rock 14 5.3 Insufficient Due Diligence 14 5.4 Inaccurate Business Forecasts 15 6 Ineffective Depository Insurance Scheme 15 7 Regulators’ Role in Northern Rock’s Failure 15 7.1 Financial Services Authority (FSA) 16 7.2 Bank of England (BoE) 16 7.3 Basel II Liquidity Framework 17 8 Aftermath of the Crisis 17 8.1 Restructuring of
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A briefing document to provide arguments for and against the UK joining the Euro The single European currency was established in 1999 and since then the topic of whether the UK should join the Euro has been at the centre of many debates. This document will look at the arguments both for and against membership of the single currency and then provide a critical analysis on whether the UK should join the single currency. Arguments for and against joining the Euro |Arguments for joining
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BOND MARKET DEVELOPMENT: MONETARY AND FINANCIAL SYSTEM STABILITY ISSUES 2008 Ananda Silva∗ ∗ Ananda Silva‚ Director of Bank Supervision Department‚ Central Bank of Sri Lanka. 1 CONTENTS I. Introduction II. Bond Markets and Macroeconomic Stability A. B. C. D. High and Volatile Inflation Continuing large Fiscal deficits and Rising Public Debt Continuing Current Account Deficits Leading to Depreciating Currency Other Impediments in market and Institutional Infrastructure III
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Exchange Market.” If U.S. demand for the British pound decreases‚ in the long run (THE DEMAND CURVE WILL SHIFT IN TO THE LEFT‚ AND THE DOLLAR WILL APPRECIATE) • If the U.S. dollar depreciates in terms of the Euro (American goods would be cheaper for Europeans) • In a fixed exchange rate system‚ how do countries address the problem of currency market pressures that threaten to lower or raise the value of their currency (a & b only: if demand rises‚ countries must fill the excess demand for foreign currency
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the short-run behavior of the aggregate economy (Chapters 9–12)‚ and the effects of macroeconomic policies (Chapters 13–14). In this chapter‚ we first look at the events in a typical financial crisis and the various ways in which governments and central banks respond to them. We then use this background to examine what happened to the United States starting in 2007 and discuss some of the reforms that have been proposed in the wake of this crisis to make future financial crises less likely or less
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Case Questions for MGM 828‚ Fall 2012 Case 1: The Euro in Crisis a) Evaluate the European Central Bank’s (ECB) response to the financial crisis of 2008-2010. What was their analysis of the problem? b) The ECB responded less aggressively than the US Federal Reserve to the crisis. Why? c) In May 2010‚ should the ECB agree to purchase Greek sovereign debt? Case 2: Foreign Ownership of US Treasury Securities a) Why is foreign ownership of US Treasury securities rising? It is more interesting
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CPA REVIEWS NOTES- INTERNATIONAL FINANCE TOPIC 1: INTRODUCTION TO INTERNATIONAL FINANCE Learning objectives After reading this topic you should be able to: • • • • • • Understand the background of international finance Define international finance Explain the reason for studying international finance Explain the roles of international financial manager Understand the background of multinational corporations Distinguish between international finance and domestic finance 1.1 BACKGROUND TO INTERNATIONAL
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Customer deposit withdrawals Incoming customer deposits Credit requests from quality loan customers Revenues from the sale of nondeposit services Repayment of non-deposit borrowings Customer loan repayments Operating expenses and taxes Sales of bank assets Payment of stockholder dividends Borrowings from the money market 6 The Demand for and Supply of Liquidity These various sources of liquidity demand and supply come together to determine each financial firm’s net liquidity position at any
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Central Banking (FIN10908) Hong Kong Linked Exchange Rate System Hong Kong Linked Exchange Rate System Introduction Hong Kong’s Linked Exchange Rate system is a currency board system‚ which requires both the stock and flow of the monetary base to be fully backed by foreign reserves. It is the exchange rate system implemented in Hong Kong to stabilize the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). This means that any change in the monetary base is fully
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