Define the term financial intermediary

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1. Define the term "financial intermediary." What role do financial intermediaries play in U.S. corporate finance? How does this compare with the role of non-U.S. financial intermediaries?

2. Discuss the U.S. banking system regulations that have had a major effect on the development of the U.S. financial system. In what ways has the U.S. system been positively and negatively affected by these regulations?

Reference no: EM131328378

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