As a result of the global financial crisis several of the large,free-standing investment banking firms chose to become bank holding companies. This means that they will now be regulated by
A) the Federal Reserve.
B) the FDIC.
C) the state banking authorities.
D) the Treasury.
Correct Answer:
Verified
Q103: The FHLBS gives loans to S&Ls and
Q104: Although it has a population about half
Q105: Mutual savings banks are primarily regulated by
A)the
Q106: Nationwide banking might reduce bank failures due
Q107: Critics of nationwide banking fear
A)an elimination of
Q109: In a _ banking system,commercial banks engage
Q110: Bank consolidation will likely result in
A)less competition.
B)the
Q111: The legislation overturning the Glass-Steagall Act is
A)the
Q112: Under the Gramm-Leach-Bliley Act the oversight of
Q113: Thrift institutions include
A)commercial banks.
B)brokerage firms.
C)insurance companies.
D)mutual savings
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents