FIN 3120- Midterm Exam Guide - Comprehensive Notes for the exam ( 14 pages long!)
12 Oct 2017
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Oversight council to monitor and identify risks to us financial stability: set up federal insurance office to monitor and reduce the systemic risk caused by innovative activities of the largest insurers and prevent disruptive insurance failures. Improve accountability and transparency in the financial system: end too big to fail, protect the american taxpayer by ending bailouts, protect consumers from abusive financial services practices, basel i (1988), basel ii (2004), and basel iii (2010-12) accords. Increasing need for capital more risky loans, need more capital: strengthen bank capital requirements by increasing bank capital and liquidity and decreasing bank leverage. Thus, x-efficiencies seem to override economies of scale for many financial firms. Vault cash and deposits in other institutions (c) This year"s provision for loan loss (pll) (non cash expenses deducted from current revenues) Net allowance for loan losses after all charge-offs. Interest and fees on loans: taxable securities revenue, tax-exempt securities revenue, interest expenses, deposit interest costs.
