Factors affecting the growth of larger and larger diverse financial institutions include which of the following:
A) The growth of technology making it easier for larger diverse financial institutions to be managed under one umbrella
B) Deregulation including the passage of the Gramm Leach Bliley Act of 1999 allowing banks, investment, and security firms to operate under the same bank or financial holding company
C) Economies of scale and scope
D) All of the above
Correct Answer:
Verified
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