he Impact of Today's Technology on Banking

Essay specific features

 

Issue:

Technology

 

Written by:

Richard V

 

Date added:

April 2, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

22 / 5989

 

Was viewed:

7038 times

 

Rating of current essay:

 
Essay content:

Today, of course, the global financial situation is much more stable and the outlook is very favorable. In the United States, we continue to enjoy the longest economic expansion in our nation’s history, and, following passage of financial modernization legislation, banks and other financial institutions now enjoy unprecedented strategic opportunities...
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As a result, economies are growing again, equity markets have rebounded, and foreign capital has begun to return. What a difference two years of hard work can make. When I last addressed this conference in October of 1998, I said that bank supervisors have a special role in maintaining financial stability, and that our special role has two components: facilitating the resolution of problems when they occur, and taking the necessary steps to lower the risk of problems occurring...
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