Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
10th Edition
ISBN: 9780077835422
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 1, Problem 6PS
Summary Introduction

To Discuss:

To analyze the differences between investment banking and commercial banking.

Introduction:

Banks are financial institutions that allow customers to deposit or borrow money with the bank. Banks in turn provide interests to the customers on deposits and charge interest on the loans offered to the customers. Thus, the main income of the bank is generated from the interest charged on loans.

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