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After the repeal of the Glass-Steagall Act in 1999, depository banks could perform brokerage services and investment banking services, which led to the creation of
After the repeal of the Glass-Steagall 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
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