After the repeal of the GlassSteagall Act in 1999, depository banks could perform brokerage services and investment banking services, which led to the creation of large financial conglomerates.

Along with underwriting and brokerage services, investment banks perform several functions for and among corporations.

The following table describes some investment bank activities. Select the term that best corresponds to each activity.

Activity	Term
Investment banks help in the negotiations and conduct due diligence and valuation analysis for acquirers.	a. under writing, b.advising, c trading operations
Investment banks often purchase institutional loans, bundle them to create new securities, and sell these new securities to investors. This helps to distribute the risk.	Securitization b. trading operations c. match making
Investment banks buy and sell securities on behalf of clients and for themselves to make profits. In this process, they sometimes accumulate large positions that become difficult to sell. a. trading operations, b. match making c. securitization