Examlex
Which of the following is NOT true?
FDIC
The Federal Deposit Insurance Corporation, a U.S. government agency that insures deposits in banks and thrift institutions to maintain public confidence and encourage stability in the financial system.
Mergers and Acquisitions
Financial transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated.
Deposit Insurance
A protection scheme that guarantees a depositor's money in the event of a bank failure, up to a certain limit.
Big Banks
Large financial institutions that hold a significant portion of a country's total banking assets.
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