Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
17. Which of the following is not an asset of a bank?
a.business deposits
b.consumer loans
c.deposits in other banks
d.government securities
e.All of the above are bank assets.
18. Unlike the United States, many countries grant their banks the authority for
a.full merchant banking, including investment banking and ownership of companies to which
they lend.
b.deposit banking.
c.forming bank holding companies.
d.lending to foreign companies and countries.
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