International Banking and International Capital Markets
It is essential for corporate financial managers of multinational companies to understand the various international sources of funding that are available through international banks and international capital markets. Multinational corporations can use their own funds or raise funds in the international capital markets by issuing stocks, selling bonds, or borrowing from banks either domestically or internationally. The main actors in the international capital markets include banks, corporations, nonbank financial institutions (insurance companies, mutual funds, hedge, pension funds), central banks, and other government institutions. Commercial banks are the most important actors ...
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