What is the Banking instituitions and what is the investment Management Firms? Could you please compare the differences between them.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter1: An Overview Of Financial Management And The Financial Environment
Section: Chapter Questions
Problem 6Q: What are financial intermediaries, and what economic functions do they perform?
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What is the Banking instituitions and what is the investment Management Firms?

Could you please compare the differences between them.

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