Comment by refurb
3 years ago
The value add is offering financial products that consumers want.
Businesses and people need to loan or borrow money, offering a wide variety of products that suit different needs supports economic growth.
A good example of this are all the foreign companies that decide to go public on the NASDAQ. They aren't doing it in their home country because of a weak (or non-existant) equities market, or burdensome regulation.
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