Capital markets Example For Free - Free Essay Example

Sample details Pages: 5 Words: 1393 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Level High school Did you like this example? Introduction This paper will examine the capital markets which a source of channel between suppliers and users of capital to gain greater profits. Main purpose of capital markets is to create an environment where the buying and selling of various instruments like equity and debt take place. Ità ¢Ã¢â€š ¬Ã¢â€ž ¢s an avenue where savings and investment facilities provide capital from retail and institutional investors and its users of these capital markets are different businesses, government and individuals. Don’t waste time! Our writers will create an original "Capital markets Example For Free" essay for you Create order Capital markets are vital to the functioning of an economy, since capital is a critical component for generating economic output. These markets consist of primary markets, where new stock and bond issues are sold to investors, and secondary markets, which trade existing securities. Another way to classify financial markets is by the maturity of the claims. For example, a financial market for short-term financial assets is called the money market, and the one for longer maturity financial assets is called the capital market. The traditional cutoff between short term and long term is one year. That is, a financial asset with a maturity of one year or less is considered short term and therefore part of the money market. A financial asset with a maturity of more than one year is part of the capital market. Thus, the debt market can be divided into debt instruments that are part of the money market, and those that are part of the capital market, depending on the number of years to matu rity. Because equity instruments are generally perpetual, they are classified as part of the capital market. A third way to classify financial markets is by whether the financial claims are newly issued. When an issuer sells a new financial asset to the public, it is said to à ¢Ã¢â€š ¬Ã…“issueà ¢Ã¢â€š ¬Ã‚  the financial asset. The market for newly issued financial assets is called the primary market. After a certain period of time, the financial asset is bought and sold among investors. The market where this activity takes place is referred to as the secondary market. One of the company that use capital market practices is Wells Fargo. It is a publicly traded company which was established in March, 1852 by its founders Henry Wells, William G. Fargo, and associates. It started out as resource to monitor its transportation of its money but as the time changed Wells Fargo used that stagecoach image it created as its backbone and a symbol for its marketing strategies. In the fall of 2008, Wachovia bank faced a near collapse of its share price and weakening confidence because of its exposure to troubled mortgage assets. Wachovia Corporation, headquartered in Charlotte, North Carolina, was incorporated in 1967 and was registered as a financial holding company and a bank holding company. These events marked another shakeup for the troubled U.S. banking sector saddled with heavy losses from the bursting of the real estate bubble. The merger of the former Wachovia Corporation (NYSE:WB) and First Union Corporation was effective Sept. 1, 2001. In October of 2007, Wachovia and A.G. Edwards Sons, Inc. (NYSE:AGE) announced an agreement under which Wachovia would acquire A.G. Edwards, which will be combined with Wachovia Securities, LLC to create a retail brokerage firm with $1.1 trillion in client assets and nearly 15,000 financial advisors. The company indicates that the combined entity has a national footprint of 3,350 brokerage locations, including 1,50 0 retail offices in 50 states and in Washington D.C. Founded in Winston-Salem, N.C. as Wachovia National Bank on June 16, 1879, Wachovia grew to be one of the largest diversified financial services companies in the United States. It traded on the New York Stock Exchange under the symbol WB. Wachovia provided a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to customers through 3,300 retail financial centers in 21 states, along with nationwide retail brokerage, mortgage lending, and auto finance businesses. Globally, Wachovia served clients in corporate and institutional sectors and through more than 40 international offices. Wachovia is acquired In 2008, Wells Fargo Company acquired Wachovia Corporation to create North Americaà ¢Ã¢â€š ¬Ã¢â€ž ¢s most extensive distribution system for financial services, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and comme rcial finance through more than 9,000 stores, 12,000 ATMs, the Internet, and other distribution channels across North America and internationally. The integration of Wachovia and Wells Fargo is complete, and all Wachovia accounts have been moved to Wells Fargo. Wachovia was burdened by a sagging $122 billion portfolio of option-adjustable-rate mortgages it took on with its purchase of Golden West Financial Corp. in 2006. (Wells Fargo, 2015) Capital markets are consists of the stock and bond markets which are followed on their daily movements and analyzes the economic situation on the world stage as every market in the world is effected by each other. We furthermore, look into the various institutions that operate on capital markets like stock exchanges, commercial banks and different types of corporations, which include non-bank institutions such as insurance companies and mortgage banks. Operating in the capital markets institutions are granted a wide range of access which helps in generating more capital for long-term purposes, for example in a merger or acquisition, to develop a line of business or go into a new business and various other capital projects. Entities that are raising money for these long-term purposes come to one or more capital markets. In the bond market, corporate bonds are used by companies to issue debt. And on the otherhand governments like local or federal issue similar bonds know as government bonds. Since governments are not publicly held so they donà ¢Ã¢â€š ¬Ã¢â€ž ¢t issue equity. Following the same pattern, companies are able to raise money by issuing equity in the stock market. They are considered as the seller in the market for issued equity or debt. Now, the buyers or investors usually invest in the stocks or bonds of the sellers in the market and then trade in them. There are two types of market entities:- Primary Market- here ità ¢Ã¢â€š ¬Ã¢â€ž ¢s a first time issuer of the securities on the market. Secondary Market- here on the securities are already issued and being traded among different buyers. For sellers, make money off the sale in the primary market is more profitable then equity in the secondary market. Wells Fargo best services its clients by following its vision, of providing financially sound advice to its customers for them to achieve a satisfied and successful venture on the capital market. Their belief that different customers across all business segments can be better served, and save time and money, if they bring all their financial services to one trusted provider that knows them well, provides trusted guidance and advice, and can serve their full range of financial needs through a wide choice of products and services. Ità ¢Ã¢â€š ¬Ã¢â€ž ¢s about building lifelong relationships one customer at a time. The impact of Wells Fargo, on its competitors, and the industry are that there is always a need to watch consumer behavior to see how people will spend their money and why they choose a certain bank or lender to help them make the decisions to spend or sav e their money. Banks always have to see what motivates consumers to pick the banks they pick. Technology can play a major role in that decision, so banks always need to find ways to be up to date on technology as well as given that to the public securely. These trends pose opportunities to the banking industry because the more a bank like Wells Fargo can keep up with the trends of society, the more business they will receive. (Frank J. Fabozzi Franco Modigliani, 2009) Conclusion This paper looks at the Wells Fargoà ¢Ã¢â€š ¬Ã¢â€ž ¢s weaknesses include confusion due to large-scale activity. Being an enormous company it is hard to personally know all individuals within the banking community. They are often the targets of fraud, and counterfeiting due to how large they are. Other weaknesses might include ability to obtain brand loyalty. In todayà ¢Ã¢â€š ¬Ã¢â€ž ¢s society, with so many other large scale competing banks, getting brand loyalty from individuals can be compli cated. Many people have accounts in more than one bank, and several individualsà ¢Ã¢â€š ¬Ã¢â€ž ¢ change from bank to bank depending on offers they are given at different times. References Frank J. Fabozzi Franco Modigliani (2009) Capital marketsÃÆ' ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€šÃ‚ ¯: institutions and instruments (4th edition). Wells Fargo. (2015). Retrieved from https://www.wellsfargo.com/

Analysis Of Oskar Schindlers Changing Identity - 1732 Words

Part I: Oskar Schindler’s Changing Identity: 1. Oskar Schindler’s identity drastically changes from the beginning to the end of the movie. At first, Schindler was a greedy, selfish, and rich man, who was a member of the Nazi party and profited from the war. He also was a womanizer who constantly cheated on his wife. He only cared about making money and he only hired Jewish workers because they were cheaper. He saved his workers initially because he did not want to pay to train other workers and protected them since he believed that their welfare impacted his business. He saw Jewish people differently than other Germans, he saw them as workers, and he inadvertently developed a reputation for kindness. He did not do this at first to be a†¦show more content†¦He witnessed the terrible treatment the Jews faced, yet did nothing to stop it. He was most clearly a bystander when he watched the liquidation of the ghettos on top of a hill. However, that was a moment that changed Schindler after seeing the girl in the red coat and realizing that he had to save the people. He slowly became an upstander in the labor camp as he saved many people by bringing them to his factory where they were safer. He treated his workers well and began to see them as people and care about them. He got his own sub-camp in order to protect them more and spent his entire fortune to save as many people as he could. His workers viewed him as a hero and he was most visibly an upstander when he led his workers to safety to his factory away from the labor camp. At his own factory, he banned the guards from harming any Jews and it was a safe haven for them. He risked everything to save the woman and children who were accidentally redirected to Auschwitz. He bribed and cheated at first to get what he wanted, but then he did it to save as many Jews as possible. An upstander is someone who does something to stop and prevent acts of injustice when witnessing it. This his was his transformation from bystander and perpetrator, to ups tander and saving his Schindler Jews. Part II: Bystanders, Perpetrators, Upstanders, Victims 3. In the movie

Consent for Disclosure of Procedural Risks- myassignmenthelp.com

Question: Discuss about theConsent for Disclosure of Procedural Risks. Answer: The term Consent means agreement to perform something (Douglas, 2012). In a healthcare organization, obtaining valid consent before subjecting a person to medical examination, treatment, or procedure is an important legal as well as ethical principle. Obtaining consent is a legal duty of the healthcare personnels (CHFA, 2013). Consent which is vital in healthcare has varied types: 1.) Informed consent: involves obtaining agreement from patients and/or carers to undergo certain procedure. Ex: surgical and/or invasive procedures with complete disclosure of procedural-risks, benefits, alternative-methods with consequences if refused (DH, 2014). 2). Implied consent: involves consent that isnt explicitly given by a person but is understood from his/her actions. Ex: While checking blood pressure, if the patient touches his/her arm and shows willingness, it is considered as implied consent. 3). Verbal consent: involves a persons clear statement of his/her agreement to procedure/treatment. Ex: A person stating you can put a catheter (DH, 2014). Consent which is a component of the National- Safety Quality Healthcare Service (Standard-1), serves to minimize the patient harm and promote the healthcare quality in Australia (ACSQHC, 2012). While caring patients, nurses should understand that consent represents a persons moral right (ethical), agreement (legal) and conversation for procedure (practical) to enhance patient safety. Reference ACSQHC- Australian Commission on Safety and Quality in Health Care. (2012). Safety and Quality Improvement Guide Standard 1: Governance for Safety and Quality in Health Service Organization. Sydney: Commonwealth of Australia CHFA- Consumers Health Forum of Australia. (2013). Informed Consent in Healthcare: An Issues Paper. Retrieved from https://www.chf.org.au/pdfs/chf/Informed-Consent-Issues-Paper.pdf Department of Health- DH. (2014). Standard 1: Governance for Safety and Quality in Health Service Organisations: Quality and Rural Health, Victorian Government. Retrieved from https://www2.health.vic.gov.au/.../%7B66241E62-A6D5-471F-B193-8BACCD4E864.. Douglas, C. (2012). Potter and Perrys Fundamentals of Nursing- Australian version. (4th edition). Elsevier: St. Louis, Missouri