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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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