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  3. briefly describe each of the following financial i

Briefly describe each of the following financial institutions: investment banks, commercial banks, financial services corporations, pension funds,...

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Finance

Briefly describe each of the following financial institutions:investment banks, commercial banks, financial
services corporations, pension funds, mutual funds, exchange tradedfunds, hedge funds, and private
equity companies

Answer & Explanation Solved by verified expert
4.1 Ratings (643 Votes)
Investment bank refers to intermediary services provided by financial institutions to their clients They provide a channel between the investor and corporation Investment banks provide advisory services on various corporate issues like public offer underwriting merger and acquisition etc Commercial banks are those financial institutions which involve in the basic banking business and allied banking    See Answer
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Briefly describe each of the following financial institutions:investment banks, commercial banks, financialservices corporations, pension funds, mutual funds, exchange tradedfunds, hedge funds, and privateequity companies

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