Homework answers / question archive / Give me a same thoughts but different explanation What I have learned from the discussion is that the Power of universal banks can invest in other investments that's not the same as other financial institution

Give me a same thoughts but different explanation What I have learned from the discussion is that the Power of universal banks can invest in other investments that's not the same as other financial institution

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Give me a same thoughts but different explanation What I have learned from the discussion is that the Power of universal banks can invest in other investments that's not the same as other financial institution. While Commercial bank is not allowed to engage in non-allied enterprises. Also there are different kinds of deposits that you are allowed to do in banks. And during the discussion, it was only that time that i found out that there are safety deposit boxes that banks have provided for you to put jewelry etc. so its kind of a special kind of deposit. Also if you want to work as a officer in a bank, you must have integrity, experience, competence etc. for you to qualify.