Banks in the United States can be classified into four groups. Which of the below is NOT one of these four classifications?
A) One group is the money center banks - banks that raise most of their funds from the domestic and international money markets and rely less on depositors for funds.
B) One group is regional banks, which rely primarily on deposits for funding and make less use of the money markets to obtain funds. Japanese banks are the third group of banks.
C) One group is German banks.
D) One group is Japanese banks.
Correct Answer:
Verified
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