Classified in Economy

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Commercial banks:is An institution that Provides services such as accepting deposits, providing business loans, and Offering basic investment products

Private Banks: used by wealthy People, provide banking and investment services and hedge funds (fons D’inversió).

Hedge funds: private investment funds For wealthy investors that use a wider variety of investing strategies than Traditional investment funds in order to achieve higher returns.

Due to the Wall Sreet Crash, Commercial and investment banks were separated by stockbroking firms.

Islamic banks offer interest-free Banking, they not pay interest to depositors or charge interest to borrowers.

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