large financial institutions

Large financial institutions are major organizations that provide a wide range of financial services, such as handling deposits, giving loans, managing investments, and facilitating payments. Examples include commercial banks, investment banks, and insurance companies. They serve individuals, businesses, and governments, helping them manage money, finance growth, and mitigate risks. Because of their size and scope, they play a critical role in the global economy, ensuring financial stability and liquidity. These institutions are heavily regulated to protect their customers and the economy from excessive risk.