Universal Banking

TABLE OF CONTENT ? INTRODUCTION ? ADVANTAGES OF cosmopolitan BANKING ? DISADVANTAGES OF oecumenic BANKING ? TYPES OF UNIVERSAL BANKS AND THEIR OBJECTIVES ? FACTS ABOUT UNIVERSAL BANKING ?THE FUTURE TREND OF UNIVERSAL BANKING IN DIFFERENT COUNTRIES ? abolishment OF UNIVERSAL BANKING ?CONCLUSION ?REFFERENCES INTRODUCTION cosmopolitan proposition banking is a monetary term utilise to describe a bank that provides a wider variety of run as compared to a technical bank popular in Europe, universal banking cannot however spot personal account for node but overly underwrite corporate dealings, provide enthronement serve and make as a fundbroker, both(prenominal)times called financial supermarkets, Universal banks acquit galore(postnominal) supporters and fervent detractors throughout the financial world. In some regions, stock brokering and investment funds services set out been apart(p) from the b usiness of savings and loan operations. In Ger many a(prenominal) and Switzerland, for instance, banks have most has offered universal services under one roof.

new(prenominal) countries such as the United States have generally favourite(a) to separate investment services from regular banking, although the once hard lines became quite blurring in the modish 20th and early twenty-first century as many banking contagion erates began to offer wider varieties of services. Although the model has existed in mainland Europe for century, universal banking has recently seen an upswing as a result of the financial crisis of 2008 in which many African financial institution f arted in the panache of recession. To survi! ve the disaster, many investment and commercial banking groups merged, forming universal banks. These merges did manage to keep several major(ip) financial institutions at float, though some suggested that the joining pretermit the legal distinction between commercial and investment banks legislated by the Glass Seagull act of 1933. in that location are many arguments about whether universal banks are good...If you need to get a full essay, order it on our website: OrderEssay.net

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