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SCHOOL OF POSTGRADUATE STUDIES GFS640: FINANCIAL INSTITUTIONS, MARKETS AND MONEY ASSIGNMENT In a financial system, funds flow from the primary savers to the ultimate borrowers.

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SCHOOL OF POSTGRADUATE STUDIES GFS640: FINANCIAL INSTITUTIONS, MARKETS AND MONEY ASSIGNMENT In a financial system, funds flow from the primary savers to the ultimate borrowers. Discuss the two main approaches through which this may be achieved. Further, explain the specific role financial intermediation plays in this process? Due Date: 27th March, 2018 (In class) Word Count: 2,500 maximum

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