Please help with the following problem.
SUBJECT: The Future of the Financial System and Trends in the Money and Capital Markets
QUESTION: If you were managing a small bank or insurance agency in your local community, what current and future trends in financial services and institutions would likely have the greatest impact on your institution? Why? What responses could you make to each trend you have listed?
* The current trends that would likely have the greatest impact on my institution would be global banking and mobile money. This is because the consumer's needs are constantly changing to suit the demands on their lifestyles. As a result, my small bank would have to continually re-invest in the ...
This posting helps with a problem involving the future of the financial system and trends in the money and capital markets. It helps answer a questions regarding a small bank or insurance agencies in the local community and current and future trends in financial services and institutions. The explanation is given in 207 words.