Major trends affecting the performance of financial firms today include all of these except:
A)greater product-line diversification.
B)reduced branching.
C)geographic diversification.
D)convergence.
E)increasing automation.

Question

Quizplus · Accepted Answer

The other four options (A, C, D, and E) are all major trends affecting the performance of financial firms today. However, reduced branching is not a trend; in fact, many financial institutions are expanding their physical branch network or investing in digital channels to better serve customers.

Major Trends Affecting the Performance of Financial Firms Today Include