The Legal, Ethical, and Technological Concerns

Introduction

The current state of economy is greatly influenced by business performance. Financial institutions facilitate financial transactions and events in any economy. They act as intermediaries between the borrowers and the lenders of finance. They consist of both banking and non-banking institutions.  The various types of financial institutions include clearing banks, investment banks, saving banks, building societies, insurance companies and pension funds. These operate in a competitive financial market where the objectives of firms are met.
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