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Retail and wholesale banking business

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Larger commercial banks have a retail and wholesale banking business. The wholesale banking business involves which of the following:

a.Raising non-deposit funding (e.g., repurchase agreements) in money markets.

b.Deposit-taking and providing consumer credit through the branch network.

c.Granting loans to small businesses with annual revenues below $1 million.

d.None of the above.

Reference no: EM133134292

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