$9.$ Financial institutions

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 are organizations that invest in equity capital that is not traded in public exchanges.

These are financial intermediaries that share the financial risk of the untimely demise of their policyholders, who make regular payments to financial intermediaries for taking this risk.

These government$-$chartered institutions accept deposits from savers and use the pool of deposits to provide loans, usually fixed$-$rate mortgages, to borrowers.