COVID-19 has generated significant instability and high volatility in global capital markets. The financial sector has been one of the most affected, with bank valuations dropping in all countries around the world. Banking stocks were impacted during COVID-19. In the period from 01 December 2019 to 30 April 2020 -- most banks saw a price slump in mid-March. European banks were adversely impacted as the Euro STOXX banks index saw a massive decline of 40.18 percent followed by STOXX North America 600 banks index (31.23 percent) and STOXX Asia/Pacific 600 Banks Index (26.09 percent) for the given period. Answer each of the following questions in detail, using the information given above to illustrate your answers. a) List 10 investment banking activities. b) List one example of conflict of interest in investment banking. What type of investment bank is least likely to be suffering from this problem? c) What are the differences between commercial and investment banking? d) How can the combination of investment banking and commercial banking affect banking industry?