FINSIA Professional Banking Fundamentals Practice Questions - FINSIA Professional Banking Fundamentals (Career Qualified In Banking) Exam

What is a key distinction between retail banking and investment banking?

Retail banking only operates overseas; investment banking only operates domestically Retail banking never uses technology; investment banking is fully digital only Retail banking mainly serves individuals and small businesses with everyday accounts and loans; investment banking focuses on capital markets, advisory and large corporate transactions Investment banking is unregulated in Australia while retail banking is not

Correct Answer:

Retail banking mainly serves individuals and small businesses with everyday accounts and loans; investment banking focuses on capital markets, advisory and large corporate transactions

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