1.Many people --private individuals, manufacturers, traders, companies and official bodies --choose to keep part of heir resources in the form of money. They need to do this mainly because they are continually having to make payments for the goods and services which they are buying and because they want to have resources immediately available.
2.banks provide their customers with many other useful services. They will, for example, look after valuables, deal with investments, make payments to businesses and people abroad and provide financial information.
3.The law stipulates modes for company merger, bankruptcy, dissolution and liquidation.
4.The brokerage firm filed for bankruptcy just two months after going public.
5.Upon completion of this acquisition, the company will become the controlling shareholder.