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Module 4 Discussion 4

Module 4 Discussion 4

Q Module 4 Case Discussion - Global Bank Corporation ________________________________________ Please read Case Study 4.1 Global Bank Corporation on pp. 130-132. Instructions: Please provide at least 1 (one) well- written and well-reasoned answer to the following discussion question and then 2 (two) responses to your classmates' posts. Your initial well-written and well-reasoned answer is due by 23:59 (11:59PM) EST Wednesday. Your 2 responses to your classmates posts are due by 23:59 (11:59PM) EST Sunday. Follow the guidelines in the rubric. Question: Should Global Bank Corporation set up a new foreign exchange operation at Singapore? If so, what should be given priority (such as inter-bank trading or customer Telex sources)? What additional information would you con¬sider relevant in evaluating a proposal to set up a new foreign exchange trading operation? Submission Instructions: All responses in this discussion forum must be professional, well-reasoned, well-written, and free from profanity. This discussion assignment should reflect the fact that this is a written product for a graduate professional program. All responses should be professional, and if you disagree with a submission, keep it professional. Make any criticisms constructive. If ideas are not your own, please reference them with the appropriate internet link or written resource link. Although I do not wish to restrict discussion, I reserve the right to fail and delete any discussion contribution that does not show proper respect for any international culture and ethnicity and/or is obscene in nature. Case Discussion Rubric

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I do agree that Global Bank Corporation should set up a new foreign exchange operation in Singapore. Why? Because Singapore is a market where the bank has not explore businesses. Therefore, it is the best option. There could be some international natures that can make the market difficult to regulate, but Global Bank is a experienced bank that could hire prepared people to set up the market correctly. Singapore it is doing very well financially, Inter-bank trading operations could be the way to start off by prioritizing this function. I believe determining a fare price for customers can be a good strategy for Global Bank.