Mushfiqur Rahman ID: 86

. ‡ Financial institutions can be grouped into two different categories: financial markets and financial intermediaries.Financial system of USA ‡ The financial system is made up of financial institutions that coordinate the actions of savers and borrowers.

Financial system of USA ‡ Financial Intermediaries ± Banks ± Mutual Funds Other FIs ± Pension funds Open vs. private pension funds . closed pension funds Public vs.

Financial system of USA Insurance Companies General Insurance companies Life Insurance companies Standard lines Excess lines .

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