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

Question

Quizplus · Accepted Answer

Merrill Lynch was acquired by Bank of America and Bear Stearns was acquired by JPMorgan Chase during the most recent financial crisis. The other options are not correct as Goldman Sachs and Morgan Stanley were able to weather the crisis without being acquired, and Lehman Brothers was not acquired but instead filed for bankruptcy.

Which of the Following Two Investment Banks Were Acquired by Financial