Changes

Well-known investment banks include Goldman Sachs, Merrill Lynch and Citigroup. Investment banks are different from commercial banks in the fact that investment banks don't accept deposits, although some banks such as Citigroup ''do'' provide commercial banking services to both individuals and small businesses.

Well-known investment banks include Goldman Sachs, Merrill Lynch and Citigroup. Investment banks are different from commercial banks in the fact that investment banks don't accept deposits, although some banks such as Citigroup ''do'' provide commercial banking services to both individuals and small businesses.

All investment banks and stockbrokers must be licensed with Financial Industry Regulatory Authority (FINRA) in order to provide brokerage services. FINRA is the regulator for all investment banks and registered securities representatives; it is a self-regulatory organization, not a government agency.

All investment banks and stockbrokers must be licensed with Financial Industry Regulatory Authority (FINRA) in order to provide brokerage services. FINRA is the regulator for all investment banks and registered securities representatives; it is a self-regulatory organization, not a government agency unlike the SEC.

[[Category:Finance]]

[[Category:Finance]]