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7 December, 17:37

How is an investment bank different from a commercial bank?

O

A. An investment bank is a nondepository institution; a commercial

bank takes customer's deposits.

O

B. An investment bank and a commercial bank refer to the same

entity; there is no difference between them.

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C. A commercial bank deals with the general public only; an

investment bank only deals with the government and large

companies.

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D. An investment bank is a nonprofit entity, a commercial bank is a

for-profit entity

dhon

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Answers (1)
  1. 7 December, 18:54
    0
    the answer is A. An investment bank is a non-depository institution; a commercial bank takes customer's deposits.

    Explanation:

    An investment bank is catering specially to the business and institutional requirements while a commercial bank tends to support the requirements of general public and private businesses.
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