Services Provided by Financial Conglomerates Carson Company is attempting to compare the services...

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Services Provided by Financial Conglomerates Carson Company is attempting to compare the services offered by different banks, as it would like to have all services provided by one bank. a. Explain the different types of services provided by a financial institution that may allow Carson Company to obtain funds or to hedge its ris11.25 AMb. Review the services that you listed in the previous question. What services could provide financing to Carson Company? What services could hedge Carson’s exposure to risk?

Sumit · Accepted Answer

(a). The services provided by a financial institution can be divided into the following categories of banks:
1. Commercial Banks: The majority of people conducts their transactions in this type of bank. These are the types of banks which accept deposits from the customers and give the money received from these deposits to those who need money in the form of loans. Other services provided by these banks are Credit cards, Mortgage payments, Currency Exchange, Internet Transfer of money, Certificate of deposits etc.
2. Investment Banks:

Services Provided by Financial Conglomerates Carson Company is attempting to compare the services offered by different banks, as it would like to have all services provided by one bank. a. Explain the...

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