Compare the characteristics of four different types of financial institutions.

commercial banks: These institutions keep money for clients ensuring security. They also make loans.

investment banks: performs other financial events other than deposit and gothering money. They practice underwriting debt services and equity offerings.

brokerages: they act as middlemen in business events to earn profits.

insurance companies: the risk by collecting premiums from a particular group of people in the sense of protecting their welfare such as death, accidents, and loss.