There have been a number of fatal dam breaks in the United Statest. 1977: The Kelly Barnes Dam, an old earthen dam in Georgia, gave way in the middle of the night. Internal erosion probably caused the failure. Thirty-nine people were killed at a small bible college below the dam.
The types of financial institutions include commercial banks, investment banks, insurance companies, brokerages, investment firms, management investment companies and non-bank financial institutions including credit unions, payday lenders and savings and loans institutions.
There is nothing like wholesale banking. It is retail, SME and Corporate. Within corporate there could be emerging corporate classified. Retail banking deals with loans related to vehicle loan, personal loan, education loan, housing loans that are primarily meant to be sanctioned to individuals.