Investment Banking Has Changed from a Very Competitive Price-Sensitive Environment

question 34

True/False

Investment banking has changed from a very competitive price-sensitive environment to one where relationships determine who gets the business.
Competitive forces have increased, and have indeed become international in scope.

---

Definitions:

Troubled

Experiencing difficulty or distress; often used to describe someone who is going through emotional or behavioral problems.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors such as vomiting to avoid weight gain.

Potassium

A chemical element, symbol K, vital for the function of all living cells and involved in nerve transmission and muscle contraction.

L-Tryptophan

An essential amino acid that the body cannot synthesize on its own, which is important in the biosynthesis of proteins and as a precursor of serotonin.