Which financial institution is not involved in the indirect method of financial intermediation?

Question

Quizplus · Accepted Answer

Investment bankers are involved in the direct method of financial intermediation, where they facilitate the transfer of securities between issuers and investors. The indirect method of financial intermediation involves the use of financial intermediaries like banks, mutual funds, and pension funds to channel funds from savers to borrowers.

Which Financial Institution Is Not Involved in the Indirect Method