Question and answer
What are the major categories of financial services?
Financial services are basically deal with merchant banks, credit card companies, consumer finance companies, stock brokerages or with the management of money. [ In the term of earning, financial services are the largest industry in the world that represents 20 percent of the market capitalization.Two types of approaches: Two different types of appraoches which companies usually prefer. In the
first approach, bank buys an insurance company or an investment bank, adds the acquisition to its holding company to diversify its earnings and also keeps the original brands of the aquired firm. This type is essential for the Citigroup as well as JP Morgan Chase. On the other hand, a bank attempts to sell the products to its existing customers, with incentives for combining all things with one company by creating its own brokerage division or insurance division. ]
Expert answered|badgerpoe|Points 2155|
Question|Rated good
Asked 8/11/2011 6:14:23 PM
0 Answers/Comments
Ask a question
Not a good answer? Get an answer now. (FREE)
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
How do the entries affect account balances and why both debit and credit entries can increase or decrease an account balance?
Weegy: More than two accounts may be affected by the same transaction. A transaction for ?100 can be recorded as a ?100 debit in one account and as multiple credits that total ?100 in other accounts. Example I owe creditors A and B ?100 each. [ Thus my liability account for Creditor A has a credit balance of ?100 and the same for Creditor B. I pay them off from my bank checking account, which from my point of view is an asset. I withdraw ?200 ... (More)
Question
Education|No Subcategories|Expert Answered
Asked 8/11/2011 5:28:00 PM
0 Answers/Comments
What financial services are available through electronic banking systems?
Weegy: E-banking and financial services refers to systems that enable banks and financial institutions’ customers to access accounts and general information on bank and financial products and services through a personal computer (PC) or other intelligent [ device. Ebanking products and services can include wholesale products for corporate customers as well as retail and financial products for consumers. Ultimately, the products and services ... (More)
Question
Education|No Subcategories|Expert Answered
Asked 8/11/2011 6:18:42 PM
0 Answers/Comments
Why shouldn't you select financial services only on the basis of monetary factors?
Weegy: Try this link hope this helps :) (More)
Question
Education|No Subcategories|Expert Answered
Asked 8/11/2011 6:49:50 PM
0 Answers/Comments
What factors do consumers usually consider when selecting a financial institution to meet their saving and checking needs?
Weegy: When selecting a financial institution, a person should consider the services available, convenience (location, hours, branch offices, banking by mail, automatic teller machines), safety, personal service, rates charged, [ and interest paid to savers.In addition to evaluating the cost of checking accounts, there are other factors that may affect your decision. Does the institution you are considering for your checking account offer other ... (More)
Question
Education|No Subcategories|Expert Answered
Asked 8/11/2011 7:11:46 PM
0 Answers/Comments
Home | Contact | Terms | Privacy | Social | ©2013 Purple Inc.
Ad
Popular Conversations
which life stage does nutritional issue might cause the most problems ...
Weegy: Malnutrition is a common problem in cancer patients that has been relief from nutrition impact symptoms and ...
4/19/2014 1:18:55 AM| 5 Answers
Pax Romana lasted from the reign of
Weegy: Pax Romana lasted from the reign of: Marcus Aurelius.
4/19/2014 4:45:15 PM| 3 Answers
Energy from sunlight is harmful to our skin.
4/19/2014 4:02:26 AM| 2 Answers
Helen's sign for her mother was touching her hand to her
Weegy: forehead User: The students at Perkins Institute sent Helen a(n): Weegy: The students at Perkins Institute ...
4/19/2014 7:05:08 AM| 2 Answers
(3+ (6)) (6+ 5)=
Weegy: (3+6)(6+5) 9 + 11 = 20
4/19/2014 8:54:53 AM| 2 Answers
As temperature increases, the speed of ...
Weegy: No, it decreases because when temperature is low water is present in atmosphere which let sound to go fast
4/19/2014 1:04:54 PM| 2 Answers
Read the argument below and answer the question that follows. All ...
Weegy: The answer would be D. Premise: All football players are required to attend weekly strengthening workshops. ...
4/19/2014 5:11:29 PM| 2 Answers
a common time killer
Weegy: Kill: To put to death. b. To deprive of life User: what does gas means Weegy: Methane.
4/19/2014 9:00:16 PM| 2 Answers
Weegy Stuff
S
L
P
C
L
P
C
Points 1541 [Total 6928]| Ratings 0| Comments 1541| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
Points 1453 [Total 9334]| Ratings 0| Comments 1453| Invitations 0|Offline
S
1
L
1
L
P
Points 480 [Total 7157]| Ratings 1| Comments 470| Invitations 0|Offline
S
L
Points 405 [Total 2852]| Ratings 2| Comments 375| Invitations 1|Online
S
R
Points 175 [Total 287]| Ratings 5| Comments 105| Invitations 2|Offline
S
Points 163 [Total 579]| Ratings 0| Comments 163| Invitations 0|Offline
S
Points 154 [Total 154]| Ratings 6| Comments 74| Invitations 2|Online
S
1
Points 154 [Total 484]| Ratings 3| Comments 124| Invitations 0|Offline
S
Points 133 [Total 777]| Ratings 1| Comments 123| Invitations 0|Online
S
L
1
1
1
Points 119 [Total 3385]| Ratings 6| Comments 59| Invitations 0|Offline