Question: Please provide an explanation/resources for the answer. 33. A primary factor that has led to the consolidation of financial firms is the desire A. for

Please provide an explanation/resources for the answer.

33. A primary factor that has led to the consolidation of financial firms is the desire A. for fewer products. C. to lower costs. B. for fewer assets. D. to lower risks. 34. The Money for You Bank recently merged with the Keeping You Safe Insurance Company. The merger is an example of in the finance industry. A. consolidation C. tactical planning B. convergence D. licensing

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