Nonbank Financial Intermediaries
Date Submitted: 04/20/2002 06:24:56
Category: / Law & Government / Government & Politics
Length: 5 pages (1465 words)
Category: / Law & Government / Government & Politics
Length: 5 pages (1465 words)
Nonbank Financial Intermediaries
Brian Piotrowski
There has been an increased level of competition among financial intermediaries since the late 1990’s and it will continue into the new millennium. The large players in this increased competition are the nonbank financial intermediaries. Our text explains that nonbanks are “other intermediaries and nonfinancial companies that have taken an increasing share of intermediation” (Burton & Lombra, 311). The text continues that these banks face much less regulation than traditional banks, which …
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…Cited
“Banks losing small clients”. http://europe.cnnfn.com/smbusiness /9808/18/banks/. August 18, 1998.
Burton & Lombra. The Financial System & The Economy. 2nd Edition. South-Western College Publishing: Cincinnati, Ohio.
“Ford offers debt on Net”. Automotive News. January 24, 2000. Page 40.
Henry, Jim. “Carmakers steer toward banking business”. Automotive News. December 13, 1999. Page 4.
Hutheesing, Nikhil. “Bill Paying & More”. www.forbes.com/forbes/99/0913/6406040a.htm. September 13, 1999.
Souccar, Miriam Kreinin. “Monoline Card Firms Ride Web Into Full-Service Banking’s Turf”. American Banker. December 16, 1999. Page 1.
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