Pronunciation Challenge Rise of the Boutique Banks

Host : Jenny
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A boutique firm is a small financial firm offering specialized and personalized investment management, banking, or niche financial services.

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This new generation of boutique banks is nostalgic for the old ways of banking - small partnerships, where a select group of senior bankers mostly own and operate the firm.

Key Vocabulary

1. boutique

boutique

[buːˈtiːk] (n.)

2. nostalgic

nostalgic

[nɑːˈstæl.dʒɪk] (adj.)

3. operate

operate

[ˈɑː.pə.reɪt] (v.)