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Discuss Why Non-Interest Income Has Become More Important to a Bank's

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Essay

Discuss why non-interest income has become more important to a bank's profitability since deregulation in the 1980's.


Definitions:

Stock-For-Stock Exchange

A type of corporate merger or acquisition where shares of one company are exchanged for shares of another.

Share Price

Share price refers to the current market price of a single share of a company's stock, representing the value investors are willing to pay for a piece of the company.

Acquiring Company

A corporation that purchases most or all of the shares of another company to gain control.

Entrepreneurs

Individuals who start, organize, manage, and assume the risks of a business or enterprise.

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