Banks are financial institutions where individuals, companies, charities, government departments, and other entities deposit and borrow money. Licensed to receive deposits and make loans, banks have a huge impact on a country’s financial system and the overall economy. Banks may also provide financial services such as wealth management, currency exchange, and safe deposit boxes. In most countries, banks are regulated by the national government or central bank. Banks’ activities include commodity trading, consumer finance, corporate banking, foreign exchange trading, futures and options trading, insurance, investment banking, money market trading, personal banking, private banking, trading in equities, and many more.