Study Questions: FN 5204
1. What are the common features to all Financial Institutions that make these firms SPECIAL compared to all other type of businesses?
2. What are Institution-specific specialness and describe the institutions that provide these services? [P. 10-11]
3. Describe the 6 types of regulations and the reasons for these. [P. 11-15]
4. Describe how the differences among the different types of Financial Institutions have reduced during the last decade (please emphasize on the nature of services and competition). [P. 15-19]
5. What are the major depository institutions in US? What are the basic differences in their services and also their funding sources?
6. Describe the off-balance-sheet activities and fee generating activities of commercial banks. [P. 34-36]
7. What are the major features of 1999 Financial Services Modernization Act? [P.40 table2-7]
8. Compare the capital levels of depository institutions, life insurance companies, investment banks and finance companies.
9. Describe the major classes of life insurance policies with their key features. [P. 66-67]
10. Describe the basic differences in the assets of life insurance and P&C insurance companies. [P. 69-70-71 :Table 3-3 & 76, 77:table 3-7]
11. How are the life-insurance policy holders protected from the failures of the life insurance companies? [P.72]
12. Please learn the definitions and differences between various types of loss items & loss ratio, expense ratio, operating ratio etc. [78-82]
13. Describe the services provided by the Investment Banks? [P. 96-101]
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