Exam (elaborations)
Investment Banking Ch. 1 EXAM STUDY GUIDE 2024 LATEST UPDATE WITH 100% CORRECT ANSWERS
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(1) to provide for a more stable and countercyclical business model for these banks and (2) to allow US banks to better compete with international counterparts (e.g., UBS, Credit Suisse, and Deutsche Bank) that were less encumbered by the Glass- Steagall Act. What were the two main arguments for r...
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