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    Question

    Banking services between merchant banks and other

    financial institutions are known as _____________.
    A Merchant banking Correct Answer Incorrect Answer
    B Retail banking Correct Answer Incorrect Answer
    C Commercial banking Correct Answer Incorrect Answer
    D Investment banking Correct Answer Incorrect Answer
    E Wholesale Banking Correct Answer Incorrect Answer

    Solution

    Wholesale banking is the provision of services by banks to larger customers or organizations such as mortgage brokers, large corporate clients, mid-sized companies, real estate developers and investors, international trade finance businesses, institutional customers (such as pension funds and government entities/agencies), and services offered to other banks or other financial institutions.

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