Commercial Banks
Banks are important players in the global financial sector. They raise funds by attracting deposits, borrowing money in the interbank market, or issuing financial instruments in the global money market or securities markets. Commercial banks—for example, Bank of America, Mizuho Bank in Japan, and BBVA in Spain—operate at the most essential level of the international monetary system. They circulate money and engage in a wide range of international financial transactions. Banks are regulated by national and local governments, which have a strong interest in ensuring the solvency of their national banking system.
The many types of banks and their primary activities include the following:
Investment banks underwrite (guarantee ...
Get International Business: The New Realities, 5th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
