The Financial Services Field Is Currently Experiencing Consolidation and Convergence

question 4

Multiple Choice

The financial services field is currently experiencing consolidation and convergence.If both of these trends continue,in the future we should observe

• A)fewer financial institutions offering a narrower range of financial services products.
• B)fewer financial institutions offering a wider range of financial services products.
• C)more financial institutions offering a narrower range of financial services products.
• D)more financial institutions offering a wider range of financial services products.

---

Definitions:

Hormone-Receptor Complex

When a hormone binds to its corresponding receptor on a cell, initiating a specific cellular response.

Binds DNA

Refers to proteins or molecules that attach to DNA, influencing its function and regulation.

Calcium Ions

Positively charged atoms of calcium, playing vital roles in various physiological processes, including muscle contraction and neurotransmission.

Calmodulin

A calcium-binding messenger protein present in all eukaryotic cells, involved in various cellular processes by interacting with other proteins.