Banks created Section 20 affiliates to a engage in investment banking

Banks created section 20 affiliates to a engage in

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19.Banks created Section 20 affiliates to: a.engage in investment banking activities. b.make international loans. c.purchase savings and loans. d.invest in junk bonds. e.compete with general-purpose finance companies. Chapter 1 20.The _______________ repealed the restriction son banks affiliating with securities firms under the Glass-Steagall Act.
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4 Chapter 1 21.The Federal Reserve may prevent the formation of a financial holding company if one of its insured depository institution subsidiaries: Chapter 1 22.A financial holding company cannotown which of the following? Chapter 1 23.The parent bank holding company assists bank subsidiaries with all of the following except: a.asset and liability management. b.strategic planning. c.loan review. d.deposit insurance. e.business development. Chapter 1 24.___-corporations have favorable tax treatment because a qualifying firm does not pay corporate income taxes. Chapter 1 25.S-corporations must have no more than ___ shareholders. Chapter 1 26.Deposits at credit unions are insured by the: Chapter 1 27.______________ refers to the process of pooling a group of assts with similar features and issuing securities that are collateralized by the assets. a.Originate-to-Resell b.Securitization c.Mortgage Collateralization d.Deposit Origination e.Loan-to-Distribute Chapter 1 28. Deposit insurance was temporarily increased to __________ per depositor through 2009.
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5 Chapter 1 29.The primary appeal of online banking is: Chapter 1
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