Question
Banking services between merchant banks and other
financial institutions are known as _____________.Solution
Wholesale bankingĀ is the provision of services byĀ banksĀ to larger customers or organizations such asĀ mortgage brokers, large corporate clients, mid-sized companies,Ā real estate developersĀ andĀ investors, international trade finance businesses,Ā institutional customersĀ (such asĀ pension fundsĀ and government entities/agencies), and services offered to other banks or other financial institutions.
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