Balance sheet Explain the purpose of a bank's balance sheet. List some assets and liabilities that make up a bank balance sheet. Name several methods that can be used by banks to manage their assets and liabilities profitably. Nonbank financial institutions Describe the purpose and general structure of pension plans. List the types and purpose of finance companies, mutual funds, investment brokers, and insurance companies.
Technology Explain how technological changes have resulted in financial innovations.
Regulations Summarize financial services regulations during the past 20 years and the impact of these regulations on the financial services industry. Describe the structure of the Federal Reserve System.