How can the profits of financial intermediaries be justified? In general terms, what are they selling to

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How can the profits of financial intermediaries be justified? In general terms, what are they selling to saver lenders?

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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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Question Posted: Mar 06, 2018 09:22 AM

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How can the profits of financial intermediaries be justified? In general terms, what are they selling to

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They provide an efficient way of transferring funds ...View the full answer

Principles of Money Banking and Financial Markets

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