Financial Services Report Essay -- essays research papers

Financial Services Industry ReportIn order to bring home the bacon in the global market, it is imperative to know the various global monetary institutions and the sources of funds for international operations. This paper get out identify the role of financial 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 spot these changes will have on Campbell dope up Compevery. Financial institutions have the ability to help as agents for its clients providing financial services. These services include, but are not trammel to the facilitation of money, such as extension investments-related services stock exchange and any other accounting or finance services. The global financial formation (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, 2 005, p1). The International Monetary Fund (IMF), the demesne Trade Organization (WTO) and the World Bank are considered to be the most all important(p) international institutions. The versed Monetary Fund acts as a lender of last spa 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 largely in developing countries that could not be obtained by the private vault of heaven (What is the World Bank, 2005, p1). The only global international organization that knows with the regulations of trade between nations and settles trade disputes and negotiates international trade agreements is the World Trade Organization (What is the WTO, 2005, p1). An important firmament of international finance is the financing int ernational 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 international 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 land money to foreign purchasers of U.S. goods and... ...ed the importance of global financial institutions, and as globalization 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). make cleans Database. Retrieved April 2, 2005 from University of P hoenix Online Library.Financial Services Trends and Market Analysis (2004). Plunkett search 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 corp 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).