Briefly describe the basic operations ofand the products and services offered byeach of the following financial institutions
Question:
(a) Commercial bank
(b) Savings and loan association
(c) Savings bank
(d) Credit union
(e) Stock brokerage firm
(f) Mutual fund.
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a Commercial banks are the largest of the four traditional banking institutions They provide a full array of financial services including checking accounts a variety of savings vehicles credit cards s...View the full answer
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Ashish Bhalla
I have 12 years work experience as Professor for Accounting, Finance and Business related subjects also working as Online Tutor from last 8 years with highly decentralized organizations. I had obtained a B.Com, M.Com, MBA (Finance & Marketing). My research interest areas are Banking Problem & Investment Management. I am highly articulate and effective communicator with excellent team-building and interpersonal skills; work well with individuals at all levels.
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Related Book For 
Personal Financial Planning
ISBN: 978-1111971632
13th edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
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