Which of the following two U.S. investment banks were acquired by financial services holding companies during the most recent financial crisis?

Question

Quizplus · Accepted Answer

Both Merrill Lynch and Bear Stearns were acquired by financial services holding companies during the most recent financial crisis. Merrill Lynch was acquired by Bank of America and Bear Stearns was acquired by JPMorgan Chase. The other answer choices are incorrect as they either were not acquired during the financial crisis or were not acquired by a financial services holding company.

Which of the Following Two U