Exam 10: Banking Industry: Structure and Competition

ATMs were developed because of breakthroughs in technology and as a ________.

The modern Canadian banking system began with ________.

Disintermediation resulted from ________.

What is the international experience on the separation of banking and other financial services industries throughout the world? What are the main frameworks ?

Sweep accounts ________.

Explain how the dual banking system arose in the United States.

Bank consolidation will likely result in ________.

The most important source of the changes in supply conditions that stimulate financial innovation has been the ________.

Prior to 2008, bank managers in the U.S. looked on reserve requirements ________.

A financial innovation that developed as a result of banks avoidance of bank branching restrictions was ________.

The decline in traditional banking internationally can be attributed to ________.

Explain why the profitability of traditional banking has declined and how banks have responded.

The four-pillars were identified as ________.

Near banks are defined as ________.

In 1977, he pioneered the concept of selling new public issues of junk bonds for companies that had not yet achieved investment-grade status.

Banks have attempted to maintain adequate profit levels by ________.

Holding companies are viable options for financial groups if the transition to a holding company would be ________ and exhibit ________.

One factor contributing to the rapid growth of the commercial paper market since 1970 is ________.

Describe some of the major implications of the 2001 Bank Act Reform.

As the banking system in Canada evolves, it is expected that ________.