Banking consolidation in Canada will result in ________.
A) an increased number of small banks
B) an increase in bank size
C) a reduction in bank size
D) elimination of small banks

Question

Quizplus · Accepted Answer

Banking consolidation refers to the trend of mergers and acquisitions of banks resulting in larger bank sizes. Therefore, the best choice is B, an increase in bank size. The other choices (A, C, and D) are not accurate based on the definition of banking consolidation.

Banking Consolidation in Canada Will Result in ________