Commercial banks that also provide investment banking services are called

Question

Quizplus · Accepted Answer

Commercial banks that also provide investment banking services are called universal banks. This type of banking model is commonly used in countries such as Germany and Switzerland, where banks offer a wider range of financial services to their clients, including both commercial and investment banking activities. Universal banks also have access to a broader set of revenue streams and are able to diversify their risks more effectively.

Commercial Banks That Also Provide Investment Banking Services Are Called