financial institutions
Question
Which of the following is TRUE regarding financial institutions?a) Insurance companies fund about 95% of
their assets with debt
b) Investment companies take deposits and lend the money at a higher interest rate
c) The primary revenues sources for insurance companies are insurance premiums and the income from investments that insurance companies earn by investing this premium income.
d) Investment banks have higher AUM than Investment companies
e) Investment banks are considered “buy side” institutions