Which of the following trends had been happening in the banking industry even before the Financial Crisis of 2007-2008?

Question

Quizplus · Accepted Answer

The trend of consolidation of services offered by financial institutions had been happening before the Financial Crisis of 2007-2008, as large banks were acquiring smaller ones and expanding their operations. This trend continued after the crisis as well, with the largest banks becoming even larger through mergers and acquisitions. The other options were not trends that were happening before the crisis, but rather shifted as a result of the crisis.

Which of the Following Trends Had Been Happening in the Banking