Banks are lucrative places of business as I’m sure you know.
But here's a question that you might not have the answer to about banks: how exactly do banks make money?
Banks are no different than any other business, their product just happens to be money.
Do you know what the number one source of income is for a bank? Lending.
Banks also make money through two other main sources — trading financial instruments ( stocks, certificates of deposits, loans) in financial markets and by charging fees for services they provide.
