Competitive financial markets, irrespective of competitiveness of goods markets but ensuring nonetheless competitive foreign exchange marke...

Overview Investment banking includes a wide variety of activities, including underwriting, selling, and trading securities, providing fin...

Financial institutions in an economy pool the savings of investors and invest them in enterprises or assets that generate uncertain returns...

Usually, private mortgage insurance is required for loans greater than 80 percent of the purchase price. This type of insurance can be misl...

For a non-financial firm, the MM theory provides at least a starting point for the resource allocation process: the firm should find the ne...

Conventional approach envisages the role of a commercial bank as a money lender, which funds the loan with deposits. In the process, the ba...

* Never email your credit card details to anyone. Remember when your mother used to tell you don't write down anything you wouldn't...

Edge Act Corporation An Edge Act corporation, or “edgie,” is a specialized banking organization in international trade-related transaction...

Foreign trade financing is one major activity pursued by banks, small and large.Various forms of guarantees, including the letter of credit...

Most states require you to carry liability insurance on your car. This type of insurance covers the other person’s costs if there’s an acci...