Commercial banks underwrite bonds, and make markets in currency, interest rates, and credit-related securities, but today large commercial banks usually have an investment bank arm .In Clayton, commercial banking is seen as distinct from retail banking, which involves the provision of financial services direct to consumers.
In Clayton, the most important activity of a commercial bank is to assemble deposits from the public. If the rate of interest is higher, the public is motivated to deposit more funds with the bank. A financial institution that provides services such as accepting deposits and giving business loans is a commercial bank in Clayton.
(Long Island, NY) In today’s environmentally-conscious worldview that is being shared by more and more people, alternative fuel sources are the Holy Grail of the “green” movement. There are many new ways to eschew hydrocarbon-laden gasoline when it comes to filling up your vehicle’s tank at the pump, and one of the most oft-talked about are biofuels- mainly ethanol and..