Financial intermediary
From Hobson's Choice
A financial intermediary is a type of firm used to manage finance capital on behalf of its ultimate owner.
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Types of Financial Intermediaries
 Source: Federal Reserve Bank of San Francisco |
- Banks
- Credit Unions
- Finance Companies
- Life Insurance Companies
- Mutual Funds
- Pension Funds
- Property & Casualty Insurance Companies
- Real Estate Investment Trusts
- Savings Institutions
Sometimes financial brokers are included as an example of a financial intermediary.
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External Links
- Thorsten Beck, Mattias K.A. Lundberg, & Giovanni Majnoni, "Financial Intermediary Development and Growth Volatility: Do Intermediaries Dampen or Magnify Shocks?"
, World Bank (September 2001)
- Wikipedia: Financial Intermediary
