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4. Financial institutions Aa Aa E Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institutions
4. Financial institutions Aa Aa E Several market participants interact in developed markets to organize the exchange of funds from buyers to sellers. Such institutions as investment banks, commercial banks, financial services corporations, credit unions, pension funds, life insurance companies, mutual funds, exchange traded funds, hedge funds, and private equity companies play a key role in facilitating these transfers. Identify the financial institution based on each description given in the following table: Description Financial Institution These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. They are owned by members so that members can share funds among themselves. Members who save deposit the funds. These funds are then loaned to members who need the funds. They collect a pool of funds from investors for the purpose of diversifying risk, earning interest or dividends, and/or generating profits from the investments' increased value
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