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Question
A financial holding company (FHC), defined as a special type of holding company that may offer the broadest range of financial services such as securities and insurance activities, was allowed under which act?
A. Riegle-Neal Interstate Banking and Branching Efficiency Act
B. The Competitive Equality in Banking Act
C. The Basel Agreement
D. The FDIC Improvement Act
E. The Gramm-Leach-Bliley (Financial Services Modernization) Act
Answer
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Related questions
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Which of the following adjustments are made to gross loans and leases to obtain net loans and leases?
A. Loan and lease loss allowance is added to gross loans.
B. Unearned income is subtracted from gross interest received.
C. Investment income is added to gross interest received.
D. Loan and lease loss allowance and unearned income is subtracted from gross loans.
E. Loan and lease loss allowance is subtracted from gross loans and investment income is added to gross interest received.
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C. more employees than other banks.
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C. underwriter's commitment report
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A. two
B. three
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Which of the following would not be a telephone service that customers can get from a bank call center?
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B. A fax copy of a loan application to the bank
C. List of what transactions have passed through the account
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A(n) _________________________ is an agreement between a buyer and a seller today which calls for the delivery of a particular security in exchange for cash at some future date for a set price.
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What is the yield to maturity on this T-Bill?
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B. It should fall by 0.6 percent.
C. It should fall by 4 percent.
D. It should fall by 1 percent.
E. It should not show any fall.
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Which of the following would be an example of a repriceable asset?
A. Money the bank has borrowed from the money market
B. Cash in the vault
C. Demand deposits that do not pay interest
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A. deposits and non-deposit borrowings are not affected by changes in interest rates.
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According to the textbook, the lackadaisical profit performance surrounding a merger may be explained by the:
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C. accounting irregularities when reporting earnings of the combined entity.
D. managerial hubris and sizeable merger premium that acquirers have to pay to shareholders of the acquired firms.
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