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Quotes of the day:
All that is gold does not glitter not all those that wander are lost.
A money center bank is similar in structure to a standard bank; however, it’s borrowing, and lending activities are with governments, large corporations, and regular banks. These types of financial institutions (or designated branches of these institutions) generally do not borrow from or lend to consumers.
Banking 1 | Money, banking and central banks | Finance & Capital Markets | Khan Academy
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