There is little strong evidence that larger multi-product financial service firms enjoy cost advantages over smaller, more specialised firms.

Question

Quizplus · Accepted Answer

Various studies and research suggest that there is no clear evidence that larger multi-product financial service firms enjoy cost advantages over smaller, more specialised firms. Factors such as regulatory costs, complexity of operations, and cross-selling expenses may offset any potential cost savings. Additionally, smaller firms may have more flexibility and agility in responding to market conditions and customer demands.

There Is Little Strong Evidence That Larger Multi-Product Financial Service