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Question
Restrictions on branching occurred initially at the state level because
A. money center banks feared a loss of correspondent business.
B. small unit banks feared a loss of business from the larger branching banks.
C. improved communications and customer needs.
D. All of the above.
E. Answers A and B only.
Answer
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Related questions
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A. auto insurance and worker's compensation.
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C. earthquake and flood.
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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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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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