Explain the importance of Glass-Steagall Act in the U.S.

Faculty of Administrative and Monetary Sciences

Task 1
Banks Administration (FIN401)
Deadline: (1/10/2022 @ 23:59 PM)

Course Identify: Banks Administration Scholar’s Identify:
Course Code: FIN401 Scholar’s ID Quantity:
Trimester: 1st CRN:
Tutorial Yr: 1443/1444 H, 1st Trimester

For Teacher’s Use solely:
Teacher’s Identify:
College students’ Grade: /10 Degree of Marks: Excessive/Center/Low

Task Questions
Q1: Explain the importance of Glass-Steagall Act in the U.S. Banking Trade. Present the abstract of two previous occasions the place Glass-Steagall Act was used. [3 Marks]

Q2A: What are the primary steps to be adopted by the organizer of a brand new financial institution particularly in the U.S. Monetary Market? [2 Marks]

Q2B: What Components are sometimes considered whereas evaluating the websites for the new department workplace of the financial institution. [1 Mark]
Q3: Albilad Financial institution decides to put in 2 ATMs close to to its one of the full providers branches in Dammam. Every ATM prices 35000 SAR to the financial institution. ATM Set up value is 16000 SAR for every machine. Every ATM has a project ( help with nursing paper writing from experts with MSN & DNP degrees)ed life of 10 years. Each ATMs are anticipated to deal with 50,000 money transaction collectively and, on a mean, financial institution can save zero.40 SAR on every transection in teller bills. If Albilad financial institution has a 12% value of capital, ought to the financial institution go forward with this Funding in 2 ATMs. [4 Marks]

Observe: If utilizing Excel, College students should present the desk of calculations.