Multiple Choice
How could insurance companies get around the restrictive provisions imposed by the bank holding company act of 1956?
A) Through the organizational mechanism of establishing nonbank bank subsidiaries.
B) By opening federally chartered thrifts.
C) By offering credit-related life, accident, health, or unemployment loans.
D) By buying a full-service bank and then divesting its demand deposits or commercial loans.
E) Answers A and D only.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: Concern about bank solvency has been used
Q23: The Herfindahl-Hirschman Index (HHI) is a measure
Q25: An underwriter is quoting the following rates
Q58: A universal FI is an FI that
Q71: One result of the FBSEA was the
Q97: The passage of which regulation extended the
Q101: A level _ of the Herfindahl-Hirschman Index
Q118: Which of the following is a factor
Q129: The International Banking Act of 1978 attempted
Q132: The Financial Services Modernization Act of 1999