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How Does A Financial Broker Work: The Non-Bank Financial Broker Does Not Accept Deposits From The General Public

A financial broker does not accept deposits from the public and may provide factoring, leasing, insurance or other financial services as well as participate in stock exchanges, while banks link borrowers and lenders by providing capital from other institutions and the Federal Reserve and pension funds collect and distribute payments.

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YAHIA ADEL
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28 views2 pages

How Does A Financial Broker Work: The Non-Bank Financial Broker Does Not Accept Deposits From The General Public

A financial broker does not accept deposits from the public and may provide factoring, leasing, insurance or other financial services as well as participate in stock exchanges, while banks link borrowers and lenders by providing capital from other institutions and the Federal Reserve and pension funds collect and distribute payments.

Uploaded by

YAHIA ADEL
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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How does a financial broker work

The non-bank financial broker does not accept


deposits from the general public:

1) A broker may provide factoring, leasing, insurance or other


financial services .
2) Many brokers participate in stock exchanges.
• 3) Banks link borrowers and lenders by provding capital from other
financial institutions and from the Federal Reserve .
• 4) The pension fund collects funds on behalf of members and
distributes payments to pensioners .

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