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The bank’s primary liabilities are deposits and loans.

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Depository institutions include all commercial banks and investment banks.

Singaporean parents pay for their daughter to study at a U.S. university, which will be recorded as a credit transaction in the current account of the U.S. BOP.

London has the greatest volume of foreign exchange activity in the world, and Foreign Exchange Market is the World’s sencond largest market.

McFadden Act of 1927 separated the traditional commercial banking business from the risky investment made by investment banks.

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