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.
Audits Confirm Savings from Energy Efficiency Improvements at Long Island School Districts (Long Island, NY) On Friday, February 19th, New York State Comptroller Thomas DiNapoli spoke before the Clean Energy Leadership Task Force which is a project directed by the Sustainability Institute at Molloy College located at Republic Airport in Farmingdale NY. Mr. DiNapoli discussed the results of audits that..