As a result of the global financial crisis several of the large, free-standing investment banking firms chose to become bank holding companies. This means that they will now be regulated by
A. the Federal Reserve.
B. the FDIC.
C. the state banking authorities.
D. the Treasury.
Answer:A
As a result of the global financial crisis several of the large, free-standing investment banking firms chose to become bank holding companies. This means that they will now be regulated by
A. the Federal Reserve. B. the FDIC. C. the state banking authorities. D. the Treasury.