Financial institutions and markets are critical in facilitating the transfer of funds between savers and borrowers. Financial institutions that provide services such as deposit-taking, lending, investment management, and risk transfer include banks, credit unions, investment firms, and insurance businesses. Financial markets, on the other hand, are marketplaces where buyers and sellers can exchange financial assets such as stocks, bonds, and derivatives. These marketplaces might be physical or electronic, and they are classified as primary or secondary markets. The proper operation of financial institutions and markets is critical to a country’s overall economic growth and development.