Professional Writers
We assemble our team by selectively choosing highly skilled writers, each boasting specialized knowledge in specific subject areas and a robust background in academic writing
Order For Similar Custom Papers & Assignment Help Services
Fill the order form details - writing instructions guides, and get your paper done.
Posted: September 20th, 2022
Explain the importance of Glass-Steagall Act
Assignment 1
Banks Management (FIN401)
Course Name: Banks Management
Course Code: FIN401 Student’s ID Number:
Assignment Questions
Q1: Explain the importance of Glass-Steagall Act in the U.S. Banking Industry. Provide the summary of two past events where Glass-Steagall Act was used. [3 Marks]
Q2A: What are the main steps to be followed by the organizer of a new bank especially in the U.S. Financial Market? [2 Marks]
Q2B: What Factors are often taken into consideration while evaluating the sites for the new branch office of the bank. [1 Mark]
Q3: Albilad Bank decides to install 2 ATMs near to its one of the full services branches in Dammam. Each ATM costs 35000 SAR to the bank. ATM Installation cost is 16000 SAR for each machine. Each ATM has a projected life of 10 years. Both ATMs are expected to handle 50,000 cash transaction collectively and, on an average, bank can save 0.40 SAR on each transection in teller expenses. If Albilad bank has a 12% cost of capital, Both ATMs are expected to handle a total of 50,000 cash transactions. On average, each transaction saves the bank 0.40 SAR in teller costs. If the cost of capital for Albilad Bank is 12%, should the bank go ahead with this Investment in 2 ATMs. [4 Marks]
Note: If using Excel, Students must provide the table of calculations.
Why choose us
You Want Quality and That’s What We Deliver
Discounted Prices
Our service is committed to delivering the finest writers at the most competitive rates, ensuring that affordability is balanced with uncompromising quality. Our pricing strategy is designed to be both fair and reasonable, standing out favorably against other writing services in the market.
AI & Plagiarism-Free
Rest assured, you'll never receive a product tainted by plagiarism or AI-generated content. Each paper is research-written by human writers, followed by a rigorous scanning process of the final draft before it's delivered to you, ensuring the content is entirely original and maintaining our unwavering commitment to providing plagiarism-free work.
How it works
When you decide to place an order with Nurscola, here is what happens: