1 how do commercial banks obtain their funds what is, Ask an Expert

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1. How do commercial banks obtain their funds? What is financial restructuring advising?

The following is an excerpt from the 2009 Annual Report of Bank of America (p. 24):

Through our banking and various nonbanking subsidiaries throughout the United States and in selected international markets, we provide a diversified range of banking and nonbanking financial services and products through six business segments: Deposits, Global Card Services, Home Loans & Insurance, Global Banking, Global Markets and Global Wealth & Investment Management.

a. What is meant by "Global Banking"?

b. What is meant by "Global Wealth & Investment anagement"?

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Category:- Basic Finance
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