Critical Issues in the Financial Industry
Update (04/2005)
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Myriam Vander Stichele
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This SOMO report critically analyses the functioning and regulation of banks, insurance companies and other firms in the financial industry. Although the financial industry is a crucial player in corporate globalisation, e.g. through its “investment banking”, civil society scantly monitors the private financial sector. This report aims at explaining the terms used in the private financial sector and increasing the understanding of its functioning.
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