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Identify the major ‘objectives’ and ‘problems’ in the management of financial institutions globally. What strategies do institutions use to meet these challenges? How do regulators like FDIC evaluate the financial institutions? Why did ‘Virtual or Internet only Banks’ fail? Discuss
Between one and two pages. Quality, rather than quantity will be rewarded.(Times New Roman 11 font size; 1.5 spacing)Please be very precise, specific and direct in your answers.Wherever required use equations/formula, and graphs/diagrams; be sure to identify the different variables. In calculations, approximate to two decimal places.Original Thinking is expected and rewarded.