The functions of financial institutions like investment banks are also vital and related to the investment sector. These companies are involved in a number of financial activities, such as underwriting securities, selling securities to investors, providing brokerage services, and fundraising advice. Describe 4 major types of financial institutions (Commercial banks, investment banks, shadow banking systems, and insurance companies).

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Here are descriptions of the four major types of financial institutions commercial banks investment banks shadow banking systems and insurance companies 1 Commercial Banks Commercial banks are financi... View the full answer