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QUESTION 7 Private banking refers to: O a. Only investment services offered to high net worth individuals (HNWIS) Ob. Only banking services offered to high

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QUESTION 7 Private banking refers to: O a. Only investment services offered to high net worth individuals (HNWIS) Ob. Only banking services offered to high net worth individuals (HNWIS) OcOnly offshore banking and investment services O d. Banking and investment services offered to high net worth individuals (HNWIS) QUESTION 8 In the US a Purchase and Assumption arrangement is when: O a. None of the above b. A solvent bank lends funds to support a failing bank O c. A solvent banks buys all or part of a failing bank O d. A failing banking is permitted to buy more deposit insurance cover

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