CHECK THESE SAMPLES OF Convergence in the Financial Services Industry: Implications of the 2007 Financial Crisis
In other words, it is the use of mobile devices like cell phone to avail of financial services.... This is the use of world wide web in order to access financial services (Khalil, 2007).... Online banking has paved for paperless banking and no human interaction in the availment of financial services.... As these two technological innovations have changed the manner with which banking can now be undertaken, it has transformed contemporary banking in such a way that the convenience and ease of access to financial services, in turn, have reduced the actual contact between the bank and the customer....
71 Pages
(17750 words)
Dissertation
Weak financial regulatory structure, lack of understanding the innovations in the financial sector, over borrowing and securitization of mortgages are seen as main causes of the crisis.... Until the start of the financial crisis in August 2007, the world was experiencing strong economic growth (Obstfeld & Rogoff).... … 2008 financial crisis
... Until the start of the financial crisis in August 2007, the world was experiencing strong economic growth (Obstfeld & Rogoff)....
11 Pages
(2750 words)
Term Paper
Literature review The first theoretical approaches on systemic risk can be traced back to the period 1929-1933, during the Great Depression; as a distinctive figure, history invokes John Maynard Keynes1, who describes the economy marked by a shock in the financial system - a sequence of events generically called contagion.... the financial banking domain supports the present research, a choice motivated by the imperative of identifying potential risk-carrying factors in order to deeply analyse their impact and raise mechanisms for an efficient calibration of financial exposure levels....
27 Pages
(6750 words)
Research Paper
This paper ''The Dubai financial crisis'' tells us that Islamic finance is an important component of financial systems around the world, and it provides many products and services, such as loans, Sukuk, and mortgages.... Many professionals believe that Islamic finance can help the problems in the current global financial crisis.... ) Research the factors that caused the Dubai financial crisis 3) Analyze how the Dubai crisis impacted the Sukuk investing in Islamic Financial institutions Questions What factors influenced investors' confidence in Islamic financial instruments?...
10 Pages
(2500 words)
Essay
The financial turmoil in the financial sector escalated further in 2008 forcing the government to unveil over thirty seven billion bailout plan for the banking sector (Bennet and Kotasz 2012).... Market/Social Research Name Institution Background The onset of the financial crisis in the Britain was signaled in 2007 when the country's fifth largest mortgage provider, Northern Rock, sought support from the Bank of England.... The financial crisis impacted negatively on the savings of the British public as most banks lost the savings entrusted to them by depositors....
10 Pages
(2500 words)
Essay
Dissertation, Finance and Accounting Abstract The enduring global financial crisis has led to a sharp reduction of international trade, involving a short term decrease in global agriculture trade value around 20%.... This paper will focus on the effect of financial crisis on U.... By mid 2007, the financial disorder with its rigorous liquidity and credit crunch seemed to detain to financial markets and institutions in the U.... The crisis is leading to a rearrangement of exchange rates, and the definitive declaration of the crisis depends on the alteration in the exchange value of the U....
13 Pages
(3250 words)
Dissertation
Marketing of Financial Product Financial products or services refer to any product or service which can be traded in the financial markets.... hellip; Adopting Financial Product in Emerging Country: Thailand Marketing of Financial Product Financial products or services refer to any product or service which can be traded in the financial markets.... There is a growing realisation amongst experts, academicians and scholars that marketing of financial services is a far more complex task as compared to the marketing of different consumer goods, technological products, and other kinds of products and services....
14 Pages
(3500 words)
Literature review
So-called broadbanking has been responsible for the creation of very large financial conglomerates that combined banking, insurance and investment… The advantage of such a convergence is that economies of scale and enhancement of operational efficiencies are realized, thereby increasing the profit potential of the financial institution....
28 Pages
(7000 words)
Essay