Exam 21: Product and Geographic Expansion

Which of the following items is an advantage of international expansion for an FI?

This legislation defines a bank as any institution that accepts deposit insurance coverage.

The argument that mergers are valuable because they create revenue synergies is based on

despite a sovereign debt problem that plagued Greece in 2010, by 2012 U.S. Banks had increased their exposure to Greek debt.

If Bank A acquires Bank B, what is the new Herfindahl Index?

The Financial Services Modernization Act allowed for

The Pecora Commission's findings about the 1929 stock market crash resulted in the

Identify the legislation that restricted the branching of nationally-chartered banks to the same guidelines as allowed to state-chartered banks.

A bank holding company has a banking affiliate and a securities affiliate. If the securities affiliate fails, it could cause the bank to also fail because

Which of the following describes a firm commitment underwriting?

As of the end of 2012, the total worldwide assets of the shadow banking system was approximately

Of the ten largest financial service firms in the world, none are headquartered in the U.S.

In firm commitment underwriting, the underwriter's spread is

In the banking environment, economic and legal firewalls often have been designed to separate the risks of investment bank affiliate activities from commercial banks.

Which of the following is NOT a potential conflict of interest identified by regulators and academics?

Prior to the International Banking Act of 1978, foreign banks operating with state licenses

A value below 1,000 of the Herfindahl-Hirschman Index (HHI) is considered to reflect

Commercial banks have expanded their activities in each of the following ways EXCEPT

Banks have been permitted to acquire existing investment banks since 1997.

The banking industry in the U.S. has faced increased competition