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They are both holders of someone else's debt.

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Janick McGlynn

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3y ago

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What best explains how bondholders and banks serve a similar function?

They are both holders of someone else's debt.


Which position is most likely to serve a staff function?

chief financial officer.


How many federal home loan banks are there?

There are 12 Federal Home Loan Banks. They are owned by member institutions including savings and loans, commercial banks, savings banks, etc. The Federal Home Loan Banks serve as whole sale lenders to their member institutions. If you'd like to learn more about the Federal Home Loan Banks, take a look at the book, Mission Expansion and the Federal Home Loan Banks (SUNY Press, 2010).


What are the names of some Canadian banks?

B2B Bank, Bank of Montreal, Canadian Western Bank, and the Royal Bank of Canada are some examples of domestic banks. Canada also has the Bank of America Canada, Bank of China, Citibank Canada, and HSBC Bank Canada that serve as subsidiaries of foreign banks. There are also foreign banks with branches in Canada such as Capital One Bank, Bank of New York Mellon, and the First Commercial Bank.


Which Canadian banks have branches in US?

Several Canadian banks have branches in the United States, including the Royal Bank of Canada (RBC), Toronto-Dominion Bank (TD), and Bank of Montreal (BMO). These banks primarily operate in states close to the Canadian border and offer various financial services to individuals and businesses. Their presence in the U.S. allows them to serve Canadian expatriates and facilitate cross-border banking needs.