Investment Banking - Exit Strategy or a Living Will Dissertation

Investment Banking - Exit Strategy or a Living Will - Dissertation Example Financial and banking institutions play a fundamental role in determining economic growth and development globally. Given their importance to the public and other arms of the government, financial institutions are strongly regulated and controlled. The central government through its legal bodies establishes sound financial legislations aimed at monitoring, controlling, and regulating financial institutions and the banking sector. Financial experts following the Asian global meltdown of 1997 later criticized the Asian miracle that was embraced for its success in Asian. This financial crisis spilt over to other parts of the world leading to global financial failures. In less than a decade after such financial disaster, the world experience one of the worst financial crises whose magnitude is estimated to that of the great depression of the 1930s. This research paper seeks to discuss the chronological events of the Asian and global financial crisis, bankruptcy legislations, the moral ha zard, insolvency, resolutions, and institutional frameworks designed by the legal team to restore sanity in the global financial sector. In addition, this paper evaluates the exit strategy adopted by the investment financial institutions. ... conomic prospects of creditors in a debt bound firm 18 2.5 Case law and obligations owed to creditors 19 CHAPTER THREE 21 3.0 Corporate laws and economics 22 3.1 Regulatory styles 27 3.2 Moral hazards and great failures 27 CHAPTER FOUR 4.0 The TURNER/ VICKERS PROPOSAL 30 4.1 Policy objectives 30 4.2 Defaults of the report 31 4.3 Legal and economic thoughts 33 4.4 The cost of ring-fencing 34 4.5.0. Defects of ICB report on corporate and retail banking 39 4.5.1. Competition in retail banking 39 4.6.0. Non-ring fenced residuals 40 4.6.1. Banking outside the EEA 40 4.6.2. The concept of separation 42 4.6.3. Cost of investment banking in the UK 43 4.7 The rationale of the dimensions in banking 44 4.8 Alternative approach to banking 45 CHAPTER FIVE 5.0. Analysis and discussions 45 5.1.0. THE LIVING WILL IN INVESTMENT BANKING 46 5.1.1. Concepts and descriptions 46 5.1.2. The Funeral plan of the US 46 5.2 Effects of the living will 48 5.3 The mild and strong variants 49 5.4 The EU framework for crisis management in the financial sector 53 5.5 Economic performance in Europe 54 CHAPTER SIX 6.0 CONCLUSION AND RECCOMENDATION 56 BIBLIOGRAPPHY 58 APPENDIX AND CASE TABLES 69 CHAPTER 1 1.0. Introduction Banking systems are shaped by financial stability arrangements. As the European Union ponders reforms towards its financial arrangements, it is in the course of determining which type of financial system it will have in the future. The financial crisis has brought the long-building tension between progressively more transitional financial institutions and national financial stability arrangements to a breaking point. The European Union now needs to select how to eliminate that tension that will eventually shape its economic and financial future. 1.1. The Crisis The European financial

Visual Analysis and critical reflection Essay Example | Topics and Well Written Essays - 3250 words

Visual Analysis and critical reflection - Essay Example 3D printing has changed the game of industries, products and buildings since the last 20 years. Students today are aware of the techniques through which 3D printing can be used. The methods, techniques, materials and designs used are all upgraded and modernized using the best of technologies. As a student of 3D designing and printing I finally chose 3D architecture as the major field. This is because of the unique methods and techniques that it uses and ends up creating an absolutely amazing building that no one could think of. It is a blend of creativity and technique which gives the architect to freely think of the most unusual look for a building. These fascinating ideas inspire me and attract me towards the 3D architecture. 3D architecture uses the process of tessellation in which many geometrical shapes whether regular or irregular are tied together without any gaps. This technique is being recently used to create real life structures and buildings in a creative way. I believe w ith the advancement in the 3D architecture, the world can see amazing new buildings for which a bunch of creative and imaginative architects are responsible. The idea of 3D designing and printing in jewelry, arts and other industrial objects has also been fascinating as I study more about it. 3D designing in jewelry making is also a unique way of presenting creative ideas. Many famous jewelry designers have adopted this technique by using their great ideas, putting them through digital technology and implying it on the materials. The 3D printing is done through digital technology and thus it is easier for the students to learn it (Kuneinen, 2012). Anyone who wants to be a 3D printing expert needs practice and creative ideas to create unusual objects. The best part about the 3D designing is that it is present in every manufacturing or constructing industry for example automotive, aerospace, jewelry, architecture, arts, medical, and electronics and so on. The diverse areas where the 3 D printing can be applied attract many students to apply it in their fields. The most important part about the 3D designing and architecture is the materials that have to be used. The 3D designing in architecture needs a variety of materials that are involved in the process. The architectural model and structure is made out of a large number of materials and lesser volume since tessellation ties it together without gaps. The 3D model is made at first which uses plastic as the core material. The 3D model allows the architects to get a picture of how the structure would look like, and also its balance can be judged. The material used for the buildings would usually be steel and glass. The tessellation involves many geometrical shapes to be tied together on a plain. These shapes are made from glass or steel at the facade of the building to give an attractive look for instance the Federation Square in Australia. 3D printing and designing has become a technology which is widely used in m any fields and industries around the world. The 3D technologies give a promising and bright future so many people are attracted towards it. These technologies are complicated thus skilled people are needed in every field to operate these machines. 3D printers today are used for rapid product prototyping. The 3D printing enables the engineers to fit the parts of the object long before that are sending for production. The 3D models also enable the architects to create detailed models and show them to the clients at low-cost (The Economist Newspaper Limited, 2013). The range of uses of 3D printing is constantly increasing and the technology is catching the attention of many upcoming students. As with the 3D architecture, the study about the technology also increases the opportunities for students in the future since the future of this 3D technology is extremely bright. Currently the 3D printing is used to make the pre-production mould but in the near future the technology can be used t o make end-use products. Imagine a