universal banks"

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter3: International Financial Markets
Section: Chapter Questions
Problem 5QA
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Answer question 72
Question 72
What are 'universal banks'?
O a. Banks that undertake both commercial and investment banking activities
O b. Banks with global operations
O c. Banks that offer credit to all sectors of the economy
O d. Banks that are owned by national governments
G
Transcribed Image Text:Question 72 What are 'universal banks'? O a. Banks that undertake both commercial and investment banking activities O b. Banks with global operations O c. Banks that offer credit to all sectors of the economy O d. Banks that are owned by national governments G
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