FIN 366 EDU Extraordinary Life/fin366edu.com FIN 366 EDU Extraordinary Life/fin366edu.com | Page 5

a . b . c . d . e .
Technology risk Operational efficiency Agency conflicts Diseconomies of scale Diseconomies of scope 4 . Which is the fundamental goal of a commercial bank ? a . b . c . d . long-term growth deposit growth bank safety long-term profit maximization
5 . Under the Glass-Steagall Act commercial banks were allowed to countersign and trade Federal government securities and general obligation bonds of states and municipalities .
a .
True or False
6 . All of the underneath are the key services of investment banking firms except
a . b . c . d . making commercial loans bringing new security issues to market trading securities brokerage