Match the intermediary with the characteristic that best des…
Match the intermediary with the characteristic that best describes its function. Provide protection from adverse events Pool funds of small savers and invest in either money or capital markets Provide consumer loans and real estate loans funded by deposits Accumulate and transfer wealth from work period to retirement period Underwrite and trade securities and provide brokerage services Thrifts Insurers Pension funds Securities firms and investment banks Mutual funds
Read DetailsWhat factors are encouraging financial institutions to offer…
What factors are encouraging financial institutions to offer overlapping financial services such as banking, investment banking, and brokerage? I. Regulatory changes allowing institutions to offer more services II. Technological improvements reducing the cost of providing financial services III. Increasing competition from full-service global financial institutions IV. Reduction in the need to manage risk at financial institutions
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