compare the characteristics of four different types of financial institutions.
commercial banks: These institutions keep money for clients ensuring security. They also make loans.
investment banks: performs other financial events other than deposit and gothering money. They practice underwriting debt services and equity offerings.
brokerages: they act as middlemen in business events to earn profits.
insurance companies: the risk by collecting premiums from a particular group of people in the sense of protecting their welfare such as death, accidents, and loss.
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?