The following are correct statements related to the current Decline in Traditional Banking in the USA, EXCEPT:

Question options:

As a source of funds for borrowers, the market share of commercial banking has fallen.

Commercial Banks are facing increasing competition from other financial intermediaries.

Commercial Banks are devoting increasing amounts of their funds to finance private consumption (credit cards, mortgages) rather than to provide financing for corporations.

Commercial Banks are now engaging more in non-traditional banking activities (shadow banking)