Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  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,...

60.1K

Verified Solution

Question

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
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

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

Other questions asked by students

Geometry
1.2K views

1 point What is the measure of the angle of one slice of pizza if...

Basic Math
1.2K views

Sketch and find the area of the region bounded by the curves ?=?+? and ?=?2??.

Advance Math
1.2K views

Explain why an FMEA online excel template is much easier to find than a Tolerance analysis...

Physics
1.2K views

What are probable healt effects of: Ozone Partiuclate matter Sulfur Oxide Lead Carbon Monoxide Nitrogen Dioxide To children, average adults, and the...

Mechanical Engineering
1.2K views

14. An engine runs at a constant load at a speed of 480 r.p.m. The crank...

General Management
1.2K views

There are four decision-making styles described in your textbook: Directive, Analytic, Conceptual, and Behavioral. Think about your...

Geometry
1.2K views

Match each line ray or segment with the term that best describes it E Radius...

Accounting
1.2K views

Franco converted a building from personal to business use in May 2019 when the fair...

Accounting
1.2K views

A company has provided the following data concerning a proposed project (Ignore income taxes.): Initial...

Accounting
1.2K views

Andrea, who is a single taxpayer, earned $35,000 in ordinary income during 2019. She also...

Accounting
1.2K views

Create a pie chart showing the breakdown of occupations for each year in the Science...

Finance
1.2K views

See the exhibit below for the Parnassus Fund (PARNX). The row "Category=: LG" represents the...