The concept of Financial Holding Companies (FHCs) came from

Select one:

a. The Financial Services Modernization Act

b. The USA Patriot Act

c. The Riegle-Neal Interstate Banking & Branching Efficiency Act

d. The Dodd-Frank Wall Street Reform and Consumer Protection Act

e. The Bank Holding Company Act

In Net Stable Funding ratio, sources of available stable funding include the following except:

Select one:

a. customer deposits

b. long-term wholesale funding

c. equity

d. loans

e. all of the above

The rise of payment service providers (PSPs):

Select one:

a. has provided a better profitability performance than before.

b. has resulted or will result in a less competitive market.

c. has no impact on banks.

d. will help banks to save cost on their investments.

e. has caused banks to constantly look for skills and technologies outside the core competency of a bank.