The fact that stock in the Fed belongs to commercial banks______. A: doesn't mean the latter is in control B: means the latter is in control C: means the latter is subjected to the Reserve banks D: means the Reserve banks orient the latter's policies

Unlike commercial banks and retail banks, investment banks do not take deposits.

Which of the following statements concerning Policy Banks are correct? A: Policy Banks have mechanisms to support and complementary market financing. B: Policy Banks have specific business areas and clients. C: Policy Banks meet commercial financing needs. D: Policy Banks take deposit as their main source of funds. E: Policy Banks issue more short-term loans.

What are the traditional places to open an account in the United States? A: Banks,government agencies and credit unions. B: Banks, deposit unions and money market funds C: Banks,savings-and-loans and deposit unions. D: Banks,savings-and-loans and credit unions.

Unlike commercial banks in general, central banks do not need to make their operations public.

Today only large national banks and few local banks offer online banking.

Firms that specialize in helping companies raise capital by selling securities are called ________. A: commercial banks B: investment banks C: savings banks D: credit unions E: all of the above.

Which is not an activity of investment banks?

The primary function of investment banks is _________

Canberra is a picturesque city on the banks of ( ).