Question: In a _ _ _ _ _ _ _ _ banking system, commercial banks engage in securities underwriting, but separate subsidiaries conduct the different activities.

In a ________ banking system, commercial banks engage in securities underwriting, but separate subsidiaries conduct the different activities. Also, banking and insurance are not typically undertaken together in this system.
2 tries left
A.
British
minus
style
universal
B.
severable
C.
divided
D.
compartmentalized
E.
universalIn a ________ banking system, commercial banks engage in securities underwriting, but separate subsidiaries conduct the different activities. Also, banking and insurance are not typically undertaken together in this system.
2 tries left
A.
British
minus
style
universal
B.
severable
C.
divided
D.
compartmentalized
E.
universal

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