Question

    What financial services are offered by GFCs?

    A Only investment banking Correct Answer Incorrect Answer
    B Only asset management Correct Answer Incorrect Answer
    C Only insurance Correct Answer Incorrect Answer
    D Only trading Correct Answer Incorrect Answer
    E A wide range of financial services including investment banking, asset management, insurance, and trading. Correct Answer Incorrect Answer

    Solution

    GFCs offer a wide range of financial services, including investment banking, asset management, insurance, and trading. These services are essential for businesses, governments, and individuals seeking to raise capital, manage risk, and invest in the global economy. GFCs also provide specialized services tailored to specific regions or markets, such as Islamic finance in the Middle East or wealth management in Singapore.

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