Glass steagall ac Study guides, Class notes & Summaries
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Investment Banking 101 Test 1 Venture Capital Graded To Pass
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Functions of a commercial bank - Answer collect deposits 
Make loans to businesses and individuals 
Provide accounts and cash management services 
 
Functions of an investment bank - Answer Helps companies issue debt and equity 
provides advice to companies regarding mergers, acquisitions, and sale of businesses 
Helps arrange financing for acquisitions 
Provides advice to companies involved in bankruptcy 
Makes markets in stocks, bonds, loans, and other financial products 
 
Glass-Steagall Act ...