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Exam (elaborations)
Finance Chapter 1. Incomparable Keenness.
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---4March 20242023/2024A
- 1. Banks 
2. Insurance companies 
3. Brokerage firms 
What types of banks are there? 
Commercial and investment, credit unions, savings and loans 
Explain commercial banks. 
-They take deposits and make loans. 
-They have low interest rates so they have to charge fees. 
What is International Finance? 
-An area of specialization within each of the areas discussed so far - corporate finance, 
investments, or financial institutions. 
-May allow you to work in other countries or at least travel on a...
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