Question

The law that made bank and nonbank depository institutions more alike in the services they could offer and allowed banks and thrifts to more fully compete with other financial institutions is:

A. the National Banking Act.

B. the Federal Reserve Act.

C. the Garn-St Germain Depository Institutions Act.

D. the Riegle-Neal Interstate Banking and Branching Efficiency Act.

E. the Gramm-Leach-Bliley Act (Financial Services Modernization Act).

Answer

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