财经英语教学资料：Financial English 2015-16-1.pptVIP

Lines of credit A loan commitment Who can enjoy this service/priviledge? Fees L/Cs A commercial L/C Payment for goods and services A standby L/C Payment on a security Bond-rating Asset management Pension funds Wealthy individuals Private banking Derivatives Futures contracts Options Purposes of trading derivatives Hedge against risks speculate The Dodd-Frank Act of 2010 Investment banking MAs Underwriting securities The Glass-Steagall Act How banks make profits Revenues Interest earnings on loans Fees ? Costs Interest payments on deposits Fixed outlays like salaries, utility bills, etc.