How is an investment bank different from a commercial bank?
A. An investment bank is a nondepository institution, and a
commercial bank takes customers' deposits.
O
B. An investment bank is a nonprofit entity, and a commercial bank is
a for-profit entity
O
C. Commercial bank and investment bank refer to the same entity, so
there is no difference between them.
O
D. A commercial bank deals with the general public only, and an
investment bank only deals with government and large
companies.