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What kind of banking system provides a full range of banking securities and insurance services all within a single legal entity?
Wiki User
∙ 9y ago
A universal banking system provides a full range of banking, securities, and insurance services all within a single legal entity. Universal banks offer a diverse range of financial products and services to clients, including commercial banking, investment banking, asset management, and insurance services. This integrated approach allows them to cater to the diverse needs of their customers and offer comprehensive financial solutions.
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