第二节金融机构.pptVIP

第二节 金融机构 课前思考问题： 1、商业银行与投资银行的区别是什么？ 2、如果你要通过按揭（mortgage）的方式购买住房（或汽车），你应该到哪些金融机构办理这一业务？更进一步，如果你现在要贷款购买一台电脑、一件家具或其他什么消费品，有什么样的金融机构提供这一业务？ 3、大型企业重大装备的BOT（build－operate－transfer）融资方式是什么意思？ 4、飞机轮胎一般而言只能用一次，对航空公司而言其成本太高了，但现实生活中一个简单的金融安排就解决了这个问题？这种金融安排是什么？ 5、如果现在就业的话，你愿意在银行、证券还是保险机构就业？你明白每一个机构有什么不同的挑战吗？ 内容 一、存款类金融机构（depository institutions） 二、投资类金融机构（investment institutions） 三、合约类金融机构（contractual saving） 四、政策性金融机构（government financial institutions） 五、中央银行（central bank） depository institutions 1、commercial banks 2、 thrifts saving institutions credit unions Commercial banks are financial intermediaries that accept deposits and make loans, offering risk-sharing, liquidity and information services that benefit savers and borrowers. 商业银行传统业务（或者现代商业银行的核心特征） 德意志银行的宗旨 Saving institutions ( saving loans, mutual savings banks) originated as building and loan societies, in which individuals pooled money to be loaned to members to build homes. 储贷会与互助银行的细微差别 1980年代美国储贷会危机 Credit unions are another specialized intermediary in consumer lending, taking deposits from and making loans to individuals who are known to be another and who typically work at the same firm or in the same area. investment institutions investment banks Mutual fund Finance companies trust and investment company Investment banks assist businesses in raising capital in primary markets, and advise them on the best way to do so: either by recommending a stock issue or by structuring debt contracts to attract investors. Brokers and dealers facilitate the exchange of securities in financial markets by locating buyers when sellers wants to convert securities to cash. 高盛公司的企业文化 1、Our clients interests always come first. Our experience shows that if we serve our clients well, our own success will follow. 2、Our assets are our people, capital and reputation. If any of these is ever diminished, the last is the most difficult to restore. We are dedicated to complying fully with the letter and spirit of the laws, rule