Question: (please answer only when you are confident that the answer is correct) Question 3 (a) With appropriate example, describe what an investment bank do as

(please answer only when you are confident that the answer is correct)

Question 3 (a) With appropriate example, describe what an investment bank do as "underwriter. (5 marks) (b) Explain any FOUR (4) key features of new legislation of FSA 2013 and IFSA 2013. (12 marks) (c) Briefly discuss FOUR (4) differences between consumer banking and commercial banking. (8 marks) (Total: 25 marks)

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