4-36 Securities firms and investment banks are more involved internationally than other member of the financial services industries.

Question

Quizplus · Accepted Answer

Securities firms and investment banks are highly involved in international investments and transactions, as they specialize in providing services related to equity and debt offerings, mergers and acquisitions, foreign currency and interest rate hedging, and other complex financial products. In contrast, other members of the financial services industry such as commercial banks, insurance companies, and asset management firms may have some international presence, but their activities may be more limited or focused on specific areas.

4-36 Securities Firms and Investment Banks Are More Involved Internationally