Find
Search for over 200,000 study notes and past assignments!
Swap
Download study resources by swapping your own or buying Exchange Credits.
Study
Study from your library anywhere, anytime.
28 Pages • Complete Study Notes • Year Uploaded: 2023
This helped portfolio investors to invest their funds in a wide range of assets over different parts of the world, on their own risk, on their own estimates. This helped the borrower in borrowing funds economically from different parts of the world at competitive level, minimizing all costs. Competition in international financial markets resulted in efficient and effective operations. Emergence of international financial markets stock markets etc., resulted reducing the importance of national markets. Another remarkable change was in the field of securitization and disintermediation. Competition resulted financial service industry also. Borrowers began to borrow directly by issuing new variety of securities like depository receipt etc. The importance of intermediaries reduced and resulted in disintermediation. Underwriting commission, brokerage etc reduced and the hegemony of US financial institutions also reduced. One aspect of this securitization process has been the increase in corporate bond issue, which has also coincided with a diminishing supply of government bonds in many countries, particularly in the United States.
This document is 25 Exchange Credits
More about this document:
|
|
This document has been hand checkedEvery document on Thinkswap has been carefully hand checked to make sure it's correctly described and categorised. No more browsing through piles of irrelevant study resources. |
|
|
This is a Complete Set of Study NotesComplete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics. |
|
|
What are Exchange Credits?Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive Exchange Credits. These credits can then be used to download other documents for free. |
|
|
Satisfaction GuaranteeWe want you to be satisfied with your learning, that’s why all documents on Thinkswap are covered by our Satisfaction Guarantee. If a document is not of an acceptable quality or the document was incorrectly described or categorised, we will provide a full refund of Exchange Credits so that you can get another document. For more information please read Thinkswap's Satisfaction Guarantee. |
Studying with Academic Integrity
Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity.
This document is the prior work of another student. Thinkswap has partnered with Turnitin to ensure students cannot copy directly from our resources. Understand how to responsibly use this work by visiting ‘Using Thinkswap resources correctly’.
Browse UCSI Subjects
