Bennie Waller [email protected] 434-395-2046 Longwood University 201 High Street Farmville, VA 23901. Managing cash (near cash) assets involves liquidity choices. Liquidity is the ability of assets to be easily converted to cash
Longwood University201 High StreetFarmville, VA 23901
Non-deposit-type financial institutions have more recently begun to offer similar services as banks, while banks have begun to offer services traditionally provided by non-deposit institutions (e.g., securities purchases).
Thus, over the past two decades, traditional lines between the two types of financial institutions have blurred considerably.