What is 'Specialized Financial institutions'

Specialized financial institutions term referring to specialized business-management services like making investments, negotiating mergers and acquisitions and several other services conventionally offered as merchant-banking services.

Structure of Commercial Banks

A commercial bank is a financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit (CDs). The traditional commercial bank is a brick and mortar institution with tellers, s...read more