13-53 The ability to form financial holding companies for the purpose of creating full-service financial institutions has caused an increase in affiliate risk.

Name: 13-53 The ability to form financial holding companies for the purpose of creating full-service financial institutions has caused an increase in affiliate risk.
Brand: Quizplus
Rating: 4.7 (49 reviews)

Question

Quizplus · Accepted Answer

The formation of financial holding companies allows banks to affiliate with other financial institutions, which can increase the risk associated with these relationships.

13-53 the Ability to Form Financial Holding Companies for the Purpose