Which type of bank primarily deals with large corporations and institutional cli
Practice Questions
Q1
Which type of bank primarily deals with large corporations and institutional clients?
Commercial Bank
Investment Bank
Retail Bank
Microfinance Bank
Questions & Step-by-Step Solutions
Which type of bank primarily deals with large corporations and institutional clients?
Step 1: Understand the types of banks. There are different types of banks, such as commercial banks, investment banks, and retail banks.
Step 2: Identify the role of investment banks. Investment banks focus on helping large corporations and institutions with financial services.
Step 3: Learn about the services provided by investment banks. They offer services like underwriting (helping companies issue stocks or bonds) and advising on mergers (when companies combine).
Step 4: Conclude that investment banks are the type of bank that primarily deals with large corporations and institutional clients.
