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Financial Supermarket

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Financial supermarket
A company offering a wide variety of financial services such as a combination of banking services, investment services, and insurance brokerage.

Financial Supermarket
A financial institution that offers a wide variety of services to clients. For example, a financial supermarket may serve as a broker, insurance company, and real estate agent. Some financial supermarkets may even offer services approximating banking services. This is both convenient for the client and profitable for the supermarket. Financial supermarkets are made possible largely through deregulation.

financial supermarket
A financial services company that offers customers a wide variety of financial products, generally including insurance, stocks, bonds, real estate services, and annuities. Financial supermarkets are convenient but may not offer the best deals on each of the financial products they sell.


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AaAa The tactic is part of the increasing trend towards the universal banking concept, which has come to define the Moroccan retail finance sector, the group said, underlining that most independent financial institutions are already positioned in several segments of the industry, offering a sort of financial supermarket for clients, with services ranging from stock brokerage and insurance to consumer credit and mortgage loans.
But Citi evidently aims to go much farther in a makeover to be unveiled when it reports earnings, taking apart the vast financial supermarket assembled by Sandy Weill.
In its heyday, AIG had a market value of $180 billion, and was slated to become one of 10 major global financial supermarkets in the world by the end of the decade.
 
 
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