[Samba] NUMBER ONE Success System

[Tommy Lee]

http://www.noss123.com/

Types of investment banks

   - Investment banks "underwrite" (guarantee the sale of) stock and bond
   issues, trade for their own accounts, make markets, and advise corporations
   on capital markets activities such as mergers and acquisitions.
   - Merchant banks were traditionally banks which engaged in trade
   financing. The modern definition, however, refers to banks which provide
   capital to firms in the form of shares rather than loans. Unlike Venture
   capital firms, they tend not to invest in new companies.

 Both combined

   - Universal banks, more commonly known as a financial services
   company, engage in several of these activities. For example, First Bank (a
   very large bank) is involved in commercial and retail lending, and its
   subsidiaries in tax-havens offer offshore banking services to customers in
   other countries. Other large financial institutions are similarly
   diversified and engage in multiple activities. In Europe and Asia, big banks
   are very diversified groups that, among other services, also distribute
   insurance, hence the term bancassurance is the term used to describe the
   sale of insurance products in a bank. The word is a combination of "banque
   or bank" and "assurance" signifying that both banking and insurance are
   provided by the same corporate entity.

 Other types of banks

Islamic Banking

   - Islamic banks adhere to the concepts of Islamic law. Islamic banking
   revolves around several well established concepts which are based on Islamic
   canons. Since the concept of interest is forbidden in Islam, all banking
   activities must avoid interest. Instead of interest, the bank earns profit
   (mark-up) and fees on financing facilities that it extends to the customers.
   Also, deposit makers earn a share of the bank's profit as opposed to a
   predetermined interest.[*citation needed*]