Financial Institutions

1
Financial Institutions

• Products

2
Corporations

• Every corporation can have financial products
  such as commercial paper, bonds, notes payable,
  etc.
• However, our focus is on the financial products
  of financial institutions.

3
Investment Banking

• Firms that specialize
• Primary Services
• Primary Offerings
• Unseasoned Offerings
• IPO
• Underwriting
• Best Effort
• Competitive Bidding
• Negotiated Offerings (Retail or Commercial)
• Existing Securities through Brokers and Dealers

4
Investment Banking

• Other Services
• Storage of Securities
• Execution of Trades
• Investment Advice
• Margin Credit
• Cash Management Services
• Discount Brokerages (sometimes)
• Public Placement
• Mergers
• Financial Consulting

5
Investment Banking
6
Venture Capital

• Institutional investors
• Stages of Financing
• Seed Financing
• Start-up Financing
• First Stage Financing
• Second Stage-Financing
• Third-Stage Financing
• Mezzanine/Bridge Financing

7
Commercial Banks

• Banknotes
• Deposit Banking
• Demand Deposit
• Correspondent Balances
• NOW Account
• Savings Account
• Money Market Deposit Account
• Time Deposits
• Certificates of Deposit

8
Commercial Banks

• Negotiable Certificates of Deposit
• Repurchase Agreements
• Eurodollars
• Bankers Acceptance
• Promissory Notes
• Secured Loans
• Unsecured Loans

9
Commercial Banks

• Bridge Loan
• Seasonal Loan
• Long Term Asset Loans
• Real Estate Loans
• Consumer Loans
• Bank Credit Cards
• Lease Financing
• Correspondent Banking
• Commercial Letter of Credit

10
Commercial Banks

• Standby Letter of Credit(SLC)

11
Thrift Institutions (SL)

• Real-Estate Mortgages
• Mortgage-Backed Securities
• Consumer Loans
• Credit-Card Loans
• Passbook Savings
• Savings Certificates
• Certificates of Deposit
• Money Market Accounts
• NOW Accounts

12
Credit Unions

• Small Deposits
• Lenient Loans
• Checking Accounts
• Consumer Loans
• Mortgage Loans
• Personal Loans
• Share Certificates
• IRA
• Keogh

13
Mortgage Banking

• Various Mortgage Loans
• 15 year
• 30 year
• rates
• government agencies
• incentives

14
Finance Companies

• Consumer Loans
• Business Loans
• Lease Financing
• Automobile Credit
• Home-Equity Loans
• Second Mortgage
• Wholesale Paper
• Retail Paper
• Cash Loans

15
Contractual Savings Institutions

• Life Insurance Companies
• Whole Life Insurance
• Universal Life
• Term Insurance
• Decreasing Term
• Renewable Term
• Convertible Term

16
Contractual Savings Institutions

• Annuities
• Health Insurance
• Consumer
• Institutional
• Casualty Insurance Companies
• Property
• Named Peril Policies
• All-Risk Policies

17
Contractual Savings Institutions

• Liability Insurance
• Small Business
• Individual
• Corporate
• Marine Insurance
• Ocean Marine
• Inland Marine
• Floater Policies

18
Contractual Savings Institutions

• Multi-line Policies
• Homeowners
• Personal Auto Policy
• Pension Funds
• State Local Government Plans
• Federal Government Plans
• Retirement funds of Civil Service Military
• Social Security (OASDHI)
• Private
• Insured
• Non-insured

19
Group 2 - Financial Institution Products

• Jim Brennan
• Lisa Meekins
• Renee Ross
• Nic Pape