Assignment: Commercial Bank Finance
1. How does the most recent 2008-09 recession differ from most other economic recessions since the Great Depression?
2. What is a bank? How does a bank differ from most other financial-service providers?
3. Which businesses are banking's closest and toughest competitors? What services do they offer that compete directly with banks' services?
4. Why are banks special?
5. What is a financial intermediary? What are its key characteristics? Is a bank a type of financial intermediary?
6. What are the reasons for regulating the functions of banks?
7. What is the dual banking system?
8. What is the principal role of the Comptroller of the Currency?
9. What is the principal job performed by the FDIC?
10. What key roles does the Federal Reserve System perform in the banking and financial system?
11. What is the Glass-Steagall Act, and why was it important in banking history? 12. What are the main ideas of the Federal Deposit Insurance Corporation Improvement Act of 1991?
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.