The U.S.banks have grown primarily through:
A)America's longstanding preference for big banks.
B)surviving banks buying up bankrupt banks.
C)excellent customer service.
D)mergers and acquisitions.
E)deposit insurance policy.

Question

Quizplus · Accepted Answer

Banks in the U.S. have primarily grown through mergers and acquisitions, where bigger banks acquire or merge with smaller banks to expand their operations and customer base. This trend accelerated in the late 1990s and early 2000s, resulting in the consolidation of the U.S. banking industry into a few large banks.

The U.S.banks Have Grown Primarily Through