Financial Markets and Intermediaries
Financial Markets and Intermediaries
Types of Financial Markets Debt and Equity Primary and Secondary Exchanges and Over-the-Counter Money and Capital Types of Financial Intermediaries Depository Institutions (Banks) Commercial Banks Savings & Loan Associations Mutual Savings Banks Credit Unions Contractual Savings Institutions Life Insurance Companies Pension Funds Fire and Casualty Insurance Companies Investment Intermediaries Finance Companies Mutual Funds Money Market and Mutual Funds Exhibit 2 Financial Markets and Intermediaries
SOURCE: Frederick S. Mishkin, An Overview of the Financial System, Chapter 3, Money, Banking, and Financial Markets, 1989 (Scott, Foresman and Company, 1989), Portion extracted from p. 51.