Quiz 1: Banking and the Financial Services Industry
Thrifts Are Supervised by the Office of Thrift Supervision
Thrifts are supervised by the Office of Thrift Supervision.
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It is more difficult for multibank holding companies to realize economies of scale if they allow subsidiary banks to retain key decision-making authority.
Financial holding company and bank holding company are different names for the same type of entity.
The Federal Reserve may prevent the formation of a financial holding company if one of its insured depository institution subsidiaries is not well capitalized.
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