The Financial Services Revolution: Understanding the Changing Roles of Banks, Mutual Funds, and Insurance Companies - Tapa dura

Reviews the major issues challenging the current regulatory environment. The text analyzes banks and insurance companies moving away from their traditional business operations to enter into investment management. It considers the increasing role of mutual funds in the financial services industry.

Financial services are facing numerous challenges caused by the rapid changes occurring in the marketplace. These events have called into question the fundamental principles upon which the current regulatory structure was built. In the past, the roles of banks, mutual funds, and insurance companies have been somewhat separate; today the differences are becoming less noticeable. The Financial Services Revolution explores the current regulatory environment. This title is an essential tool for any financial professional seeking to keep abreast of this rapidly changing industry. Specific topics include: Banks and insurance companies moving away from their traditional business operations and entering the investment management arena; The increasing role of mutual funds in the financial services industry; The explosion of new financial instruments into the industry.