Here is the synopsis of our sample research paper on Regulatory Influence on Bank Strategy. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 10 page paper discussing the effects that new regulatory measures have had or may have on banks’ determination and implementation of strategy for the future. The Gramm-Leach-Bliley Act was signed into law in 1999, but it did not become official until 2004. Replacing the Glass-Steagall Act of 1934 that prevented banks from affiliating with other types of financial services (i.e., investments and insurance), retail and commercial banks now are free to pursue additional types of business. It is reasonable to assume that increasing numbers of banks of all types will incorporate the opportunities afforded by Gramm-Leach-Bliley into their strategies for the future. Bibliography lists 9 sources.
Page Count:
10 pages (~225 words per page)
File: CC6_KSbankStratReg.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
of business has changed dramatically in the past generation, but likely none more than the financial services industry. The things that banks, brokers and insurers do remain largely the
same, but the manner in which they accomplish those things have not. Neither have the venues in which they operate, as globalization and technological advances continue to alter the
entire financial services industry. Regulatory changes now better enable retail and commercial banks to keep pace with their markets. Enhanced Bank Governance
The Federal Reserve Bank of New York held a conference on greater transparency and enhanced corporate governance in December, 2000. Dani?le Nouy, Secretary General of the Basel Committee on
Banking Supervision, outlined for conference attendees that organizations view on increased transparency and better management practice within the global banking community. She first defined the term, likely an apt
thing to do here: "Corporate governance involves a set of relationships between a companys management, its board, its shareholders and other stakeholders. It also provides the structure through which
the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined" (OECD). More briefly, it is the system by which businesses
are directed and by which controls are implemented (Nouy, 2000; p. 3). The benefits of good corporate governance include improving economic efficiency while
protecting "shareholders, employees, customers, the public" (Nouy, 2000; p. 4). Poor corporate governance can destroy a company. In the banking industry, it can undermine the national economy as
was the case in Japan in recent years. To combat the problem of poor corporate governance, guidelines specifically for business have been developed
...