Define how competitive is the market for banking services, Financial Management

Assignment Help:

How competitive is the market for banking services?

A: With above 7,000 banks and thrifts in the U.S., banking is one of the so many competitive industries in the world. Refer the subsequent characteristics of the American financial services marketplace:

a) There are more banks per citizen in the U.S. as compared to in any country in the world.

b) There are nearly four times much more deposit-taking institutions in the U.S. as compared to in the 15 nations of the European Union, Switzerland, Canada and Japan combined.

c) More than 7,300 credit unions, 5,000 securities brokers, 2,500 mortgage companies and 1,500 finance companies today vie for consumers' business.


Related Discussions:- Define how competitive is the market for banking services

Increase total revenue, The Australian skiing industry operates out of a ve...

The Australian skiing industry operates out of a very narrow seasonal base-approximately three months in a good season. In a good year, providers of accommodation, ski hire and tow

Credit analysis for formulation of optimum credit policy, Q. Credit Analysi...

Q. Credit Analysis for Formulation of Optimum Credit Policy? Credit Analysis: - Credit Analysis is made to estimate the credit worthiness of the customers before making credi

Determinants of the repo rate, Repo rates vary from transaction to tr...

Repo rates vary from transaction to transaction. They depend upon a variety of factors like: Collateral's quality Repo term

Merits of net present value method, Q. Merits of net present value method? ...

Q. Merits of net present value method? Merits of NPV method:- (i) Time value of funds is taken into consideration: - For the reason that this method takes into account the t

Estimate working capital requirements, Q. Describes Working Capital. Briefl...

Q. Describes Working Capital. Briefly describe the techniques utilized in making working capital forecast or Estimating Working Capital Requirements? Ans:- Meaning of Wo

Student, applicability of an operating cycle in vegetable growing in uganda...

applicability of an operating cycle in vegetable growing in uganda

Define price ceiling make consumers better off, How can a price ceiling mak...

How can a price ceiling make consumers better off?  Under what conditions might it make them worse off? If the supply curve is completely inelastic a price ceiling will raise c

Financial portfolio of a company, A. Initial evaluation Comment on the...

A. Initial evaluation Comment on the structure of the attached portfolio, and on the financial risks facing Copper Based plc (CB), making use of what you know about how a port

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd