A very broad term in terms of content and scope, which defies precise definition – if only because of the constant emergence of new and novel types of business – and which can at best be described by enumeration. It includes all providers on the financial market, including the shadow banking sector; i.e., in addition to banks, building societies and insurance companies as well as the others listed in Section 1 of the German Banking Act (KWG), it also includes all other special service providers on all submarkets, including the avenging angels. – See bank, banking regulation paradox, steam room, service, financial sector, financial services institutions, financial industry, financial institution, monetary, Financial Market Directive Implementation Act, money laundering, financial services institutions, institute, Internet bank, credit institution, market entry costs, angle broker.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/