Business in Action
Business in Action
9th Edition
ISBN: 9780135198100
Author: BOVEE
Publisher: PEARSON CO
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Chapter 2, Problem 16QA
Summary Introduction

To discuss: The reason for Country U to consider to reinstitute the wall between the commercial banking and investment banking.

Commercial banking is a type of financial institution that provide the services like accepting deposits, lending loans, offering basic investment products and savings accounts to individuals which are operated for earning profit.

Investment banking is the specific division of banking. It is a financial services company that perform advisory role to individuals, governments and corporations while dealing with financial transactions.

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