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Business, 11.02.2021 21:10 kmafromhannah2905
Large businesses in developed economies generally find it more efficient to enlist the services of a financial institution to raise capital. A set of highly efficient financial intermediaries has evolved. In recent years, regulations against diversification of institutions have been largely removed; and today the differences between institutions have become blurred. Still, there remains a degree of institutional identity among them.
Give the correct response to each of the following questions.
a. Large conglomerates that combine many different financial institutions within a single corporation are known as
b. Organizations that underwrite and distribute new investment securities and help businesses obtain financing are known as
c. The traditional department stores of finance serving a variety of savers and borrowers are known as
d. Cooperative associations whose members are supposed to have a common bond are known as
e. Retirement plans funded by corporations or government agencies for their workers and administered primarily by the trust departments Of commercial banks are known are:
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