Financial Industry

Question 1

Types of banks

Answer 1

Commercial, retail, investment

Question 2

Commercial banks serve X

Answer 2

Corporations, government, institutions

Question 3

Commercial banks provide X

Answer 3

Merchant services (credit card processing, mobile payment solutions, gift cards), global trade services, lending services, retirement, advisory, insurance

Question 4

Retail banks serve X

Answer 4

Retail customers

Question 5

Retail banks provide X

Answer 5

Lending, credit cards, debit cards, mortgages, e-banking, insurance, fund management

Question 6

Investment banks serve X

Answer 6

Institutions that want to attract additional capital via debt or equity issuance

Question 7

Investment banks provide X

Answer 7

Advisory on market trends, M+A, and corporate finance

Question 8

Merchant banks serve X

Answer 8

Multinational corporations, high net worth individuals who do business in more than 1 country

Question 9

Merchant banks provide X

Answer 9

Underwriting, loan services, financial advising, and fundraising

Question 10

Secondary market serves X

Answer 10

investors and shareholders

Question 11

Secondary market objective is X

Answer 11

Capital appreciation, and includes trading securities already on the marketplace