compare the characteristics of four different types of financial institutions.

Economics
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compare the characteristics of four different types of financial institutions.

Jun 6th, 2015

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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.


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Jun 6th, 2015

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