The services offered by the bank are reflective of the worldwide financial markets. UBS has set offices in all the prominent financial hubs. This includes United States, South America, Canada, Switzerland, Middle East, Europe, Africa and Asia. The customers can choose from a wide range of products of the company such as stocks, annuities, 401K plans, fund management, mutual funds, asset management, health & life insurance schemes and trust funds.
During this period, the investors get a fixed percentage of interest on their investment. The period and the percentage of interest changes according to the nature and kind of bond. Bonds provide fixed income to the investors and it is a safer investment choice, therefore, bonds are called fixed income bearing securities.
The main products that the above firms deal in are pensions, savings, mortgages, loans, insurance and investment options and credit card services (Morley, 1992). It is therefore not surprising that some of the biggest earners in the world are financial institutions, making the sector one of the most lucrative and competitive one in the world economy (Acharya & Richardson, 2009).
Thus, for the determination of the value of a bond for a period of time, the rate of interest is a useful metric that would help in determination of the present value and the future value of the bond. Interest rate is generally determined from the market rates which would be captured in the valuation of a long term debt instrument such as a bond.
The afflicted countries all saw imports drop to very low levels as expanding debt, higher import costs, and a breakdown in the economy squeezed local consumers. Bank credit has since recovered in a number of countries, and there have been significant changes in banking structure, performance and risk management capacity.
Through the Islamic financial system there is a facilitation of services such as lending, borrowing and investing on a risk-sharing basis. The Islamic financial system can be called a value-based mechanism and the main target is to ensure “moral and material wellbeing” of the persons as well as the whole community.
Depending upon the market dynamics the banking and finance companies plan out their policies and strategies offering services and support to the companies from different sectors. While extending such services, the banks are supposed to find out the risk factors involved and the opportunities for future business ventures.
veloped economies as part of normal re-establishment of equilibrium, Japan has found it hard to recover from such a decline for many reasons, including bad debt burdens and the daunting task of restructuring its economy. This inability to reverse the decline in price levels, in