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Question
Correspondent banking may involve
A. providing banking services to other banks facing shortage of staff.
B. providing foreign exchange trading services to individuals.
C. holding and managing assets for individuals or corporations.
D. acting as transfer and disbursement agents for pension funds.
E. providing hedging services to corporations.
Answer
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Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
B. mandated federal insurance company charters.
C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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A. Position trading.
B. Pure arbitrage.
C. Liquidity trading.
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E. Program trading.
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A corporate venture capital firm
A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
A. Purchase of existing securities.
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