Money center banks are banks that raise most of their funds from the domestic and international money markets and rely less on depositors for funds.

Name: Money center banks are banks that raise most of their funds from the domestic and international money markets and rely less on depositors for funds.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

Money center banks typically rely more on borrowing from money markets rather than traditional deposit-taking from individuals and businesses.

Money Center Banks Are Banks That Raise Most of Their