Financial Services Report Essay -- essays research papers

Financial Services Industry ReportIn order to watch over in the global market, it is imperative to know the various global fiscal institutions and the sources of notes for international operations. This paper go out identify the role of monetary institutions in the global economy and explore changes this industry will be experiencing during the next decade. In addition, this paper will demonstrate the imp wreak these changes will have on Campbell dope Comp all. Financial institutions have the ability to help oneself as agents for its clients providing monetary services. These services include, but are not especial(a) to the facilitation of money, such as assurance investments-related services stock exchange and any other accounting or finance services. The global financial form (GFS) refers to those financial institutions and regulations that act on the international level, as opposed to those that act on a national or regional level (Global financial system, 2005, p1). Th e International Monetary Fund (IMF), the military man Trade Organization (WTO) and the World Bank are considered to be the most meaning(a) international institutions. The intimate Monetary Fund acts as a lender of last go back to governments in financial distress, e.g. balance of payments crisis, currency crisis and debt default. Decisions are based on quotas, or the amount of money a country provides to the fund (IMF at a glance, 2005, p1).The World Bank aims to provide funding, take up credit risk or offer favorable terms to development projects broadly speaking in developing countries that could not be obtained by the private orbit (What is the World Bank, 2005, p1). The only global international organization that calls with the regulations of trade mingled with nations and settles trade disputes and negotiates international trade agreements is the World Trade Organization (What is the WTO, 2005, p1). An important sphere of influence of international finance is the finan cing international trade and investments. This area must be understood in order to raise funds at the lowest cost possible. There are some organizations that deal with international trade and have access to both the domestic and foreign capital markets. For example, the Eximbank (Export-Import Bank) finances exports from the United States to foreign countries. It facilitates the financing of U.S. exports through landing place money to foreign purchasers of U.S. goods and... ...ed the importance of global financial institutions, and as globalisation proceeds, the magnitude of this industry is expected to grow. ReferencesBasic facts about IFC. 2005. Retrieved on April 2, 2005 from (http//www.ifc.org). Campbell Soup Company 2004 Annual Report.Eurobond Online. Retrieved April 2, 2005 from www.eurobondonline.com/euro.htmEximbank Mission. 2005. Retrieved on April 2, 2005 from (www.exim.gov). Financial Services Fact Sheet. (2004). cleans Database. Retrieved April 2, 2005 from Universit y of Phoenix Online Library.Financial Services Trends and Market Analysis (2004). Plunkett enquiry Online Database. Retrieved April 2, 2005 from University of Phoenix Online Library. Global Financial Systems. 2005. Retrieved on April 2, 2005 from (http//encyclopedia.laborlawtalk.com/Global_financial_systemInternational Finance lot Online. Retrieved April 2, 2005 from http//www.ifc.orgIMF at a glance. 2005 Retrieved on April 2, 2005 from (http//www.imf.org/external/np/exr/facts/glance.htm).What is the World Bank. 2005. Retrieved on April 2, 2005 from (http//www.worldbank.org).What is the WTO? 2005. Retrieved on April 2, 2005 from (http//www.wto.org).