資源描述:
《國際財(cái)務(wù)管理第7版ER_7e_Ch11_Outline》由會(huì)員上傳分享,免費(fèi)在線閱讀,更多相關(guān)內(nèi)容在工程資料-天天文庫。
1、Chapter11InternationalBankingandMoneyMarketInternationalBankingServicesTheWorld'sLargestBanksReasonsforInternationalBankingTypesofInternationalBankingOfficesCorrespondentBankRepresentativeOfficesForeignBranchesSubsidiaryandAffiliateBanksEdgeActBanksOffshoreBankingCentersInternational
2、BankingFacilitiesCapitalAdequacyStandardsInternationalMoneyMarketEurocurrencyMarketBBALIBOREurocreditsForwardRateAgreementsEuronotesEurocommercialPaperEurodollarInterestRateFuturesContractsInternationalDebtCrisisHistoryDebt-for-EquitySwapsTheSolution:BradyBondsTheAsianCrisisGlobalFin
3、ancialCrisisTheCreditCrunchImpactoftheFinancialCrisisEconomicStimulusTheAftermathAPPENDIX11A:EurocurrencyCreationSummaryInthischapter,thetopicsofinternationalbanking,theinternationalmoneymarket,theThirdWorlddebtcrisis,andtherecentglobalfinancialcrisiswerediscussed.Thischapterbeginsth
4、etextbook'sfive-chaptersequenceonworldfinancialmarketsandinstitutions.1.Internationalbankscanbecharacterizedbythetypesofservicestheyprovide.Internationalbanksfacilitatetheimportsandexportsoftheirdientsbyarrangingtradefinancing.Theyalsoarrangeforeigncurrencyexchange,assistinhedgingexc
5、hangerateexposure,tradeforeignexchangefortheirownaccount,andmakeamarketincurrencyderivativeproducts.Someinternationalbanksseekdepositsofforeigncurrenciesandmakeforeigncurrencyloanstonondomesticbankcustomers?Additionally,someinternationalbanksmayparticipateintheunderwritingofinternati
6、onalbondsifbankingregulationsallow.1.Varioustypesofinternationalbankingofficesineludecorrespondentbankrelationships,representativeoffices,foreignbrariches,subsidiariesandaffiliates,EdgeActbanks,offshorebankingcenters,andInternationalBankingFacilities?Thereasonsforthevarioustypesofint
7、ernationalbankingofficesandtheservicestheyprovidevaryconsiderably.2.ThecoreoftheinternationalmoneymarketistheEurocurrencymarket.AEurocurrencyisatimedepositofmoneyinaninternationalbanklocatedinacountrydifferentfromthecountrythatissuedthecurrency.Forexample,Eurodollars,whichmakeupthela
8、rgestpartoft