In Order to Be a Global Leader in the Investment

question 50

Multiple Choice

In order to be a global leader in the investment banking industry, an investment bank primarily needs to have

• A)the most world-wide diversification.
• B)the largest market value.
• C)the best human talent.
• D)the largest capital base.

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Definitions:

Draft

A preliminary version of a piece of writing, document, plan, or design that may be subject to further revision.

Transfer Warranties

Guarantees made concerning the condition or legal status of goods at the time of their transfer to a new owner.

Discharged

The completion or termination of an obligation such as a debt or legal duty.

Liability

The state of being legally responsible for something, particularly in terms of debts or legal actions.