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Globalization of Financial Markets & American Banks

of operation in their home countries. This strategy was soon followed by the creation of subsidiary investment banking firms in each of the other regions, a strategy that has enabled those investment banking firms taking such action to deal on virtually a 24-hour per day basis.

The major operational functions of investment banking firms are underwriting, dealing, brokerage, and the provision of financial advice (Pugel and White, 1985, p

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Globalization of Financial Markets & American Banks. (1969, December 31). In LotsofEssays.com. Retrieved 22:25, May 19, 2024, from https://www.lotsofessays.com/viewpaper/1690640.html