What are the leading financial intermediaries in the United States and most developed countries?

Question

Quizplus · Accepted Answer

Banks are considered the leading financial intermediaries in the United States and most developed countries. They provide various services such as accepting deposits, making loans, and facilitating payments. Pension funds and stock mutual funds are also important financial intermediaries, but they are more focused on managing investments rather than directly providing financial services. Credit unions are a type of financial intermediary, but they are not as prominent as banks in terms of overall market share and influence.

What Are the Leading Financial Intermediaries in the United States