International Finance and Accounting Handbook

2 • 22

Underwriting

Insurance

Payment

Savings

Fiduc.

Lending

Issuance of

and Risk Mgt.

Institution

Services

Prod.

Services

Business

Retail

Equity

Debt

Products

Insured depository

✔✔✔✔✔✔✔✔

institutions

Insurance companies

✔✔✔✔✔✔✔✔

Finance companies

✔✔✔✔✔✔✔✔

Securities firms

✔✔✔✔✔✔✔✔

Pension funds

✔✔✔✔

Mutual funds

✔✔✔✔✔✔

Diversified financial

✔✔✔✔✔✔✔✔

firms

Specialist firms

✔✔✔✔✔✔✔✔

✔

Selective involvement of large firms via affiliates.

Exhibit 2.11.

U.S. Financial Services Sector, 2001.

Function