Financial Services Industry Flashcards
Central Banks have control over which of the following?
Setting short term interest rates
Which of the following would best describe the role of an investment bank?
Advising on a merger
Which one of the following institutions would most likely manage cash transactions and perform foreign exchange transactions on behalf of clients, whilst also looking after securities which belong to those clients and ensuring they are properly protected.
Custodian
What would be the title of the company that looks after the assets of pension funds and charities?
Custodian
A corporation wishing to raise capital will initially enlist the services of
An investment bank.
Which of the following statements are true of the wholesale/ professional market?
Involves large trades and investors are considered knowledgeable
What type of service is one where a firm simply processes the orders given directly to the client?
Execution only.
Which of the following best describes the person who looks after the assets of an investment manager?
Custodian.
A firm that provides safe keeping and administration to funds is called
a custodian.
