Currently, federal standards do not allow investment banks to covert to a bank holding company structure.

Question

Quizplus · Accepted Answer

Currently, federal standards do allow investment banks to convert to a bank holding company structure. This change was made in response to the 2008 financial crisis and allows investment banks to access a wider range of funding sources and receive some regulatory benefits associated with bank holding companies.

Currently, Federal Standards Do Not Allow Investment Banks to Covert