Question 40. Explain Me What Are The Types Of Commercial Banks?
Answer : Retail or consumer banking It is a small to mid-sized branch that directly deals with consumer's transaction rather than corporate or other banks Corporate or business banking Corporate banking deals with cash management, underwriting, financing and issuing of stocks and bonds Securities and Investment banking Investment banking manages portfolios of financial assets, commodity and currency, fixed income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.
