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Explain the type of conflicts of interest that can arise from the development of universal banking.
Intergroup Conflict
Disputes, tensions, or disagreements occurring between different groups due to competing interests, values, or resources.
Positive Benefits
Advantageous or favorable outcomes that arise from a particular action or set of conditions, contributing to well-being or success.
Attitude Toward Time
An individual or cultural perception of time, emphasizing its value and importance, which impacts behavior and prioritization.
Cultural Difference
Variations in beliefs, behaviors, practices, and values among people from different societies or backgrounds.
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