According to the textbook,one of the reasons why large banks in the recent years have acquired many smaller banking firms is:
A)to avoid stringent regulatory norms.
B)to gain access to more stable and less expensive deposits.
C)to increase their credit ratings.
D)to increase their geographical presence.
E)to diversify their customer base.

Question

Quizplus · Accepted Answer

To gain access to more stable and less expensive deposits.

According to the Textbook,one of the Reasons Why Large Banks