ECONOMICS
MONEY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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in a sock drawer, under a mattress, in a box
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some in her wallet, some in a bank, some in a savings account
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throw some away, burn some away, give the rest away
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give some to friends, give some to enemies, give some to strangers
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Detailed explanation-1: -The company makes money primarily from three main units: institutional securities, wealth management, and investment management.
Detailed explanation-2: -They make money from what they call the spread, or the difference between the interest rate they pay for deposits and the interest rate they receive on the loans they make. They earn interest on the securities they hold.
Detailed explanation-3: -Morgan Stanley is a truly global investment bank and financial services firm.
Detailed explanation-4: -Although banks do many things, their primary role is to take in funds-called deposits-from those with money, pool them, and lend them to those who need funds. Banks are intermediaries between depositors (who lend money to the bank) and borrowers (to whom the bank lends money).