Question 4 (a) Distinguish between the activities of retail and investment banks and discuss how this has an impact on t
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Question 4 (a) Distinguish between the activities of retail and investment banks and discuss how this has an impact on t
Question 4 (a) Distinguish between the activities of retail and investment banks and discuss how this has an impact on their approaches to risk management. [7 marks] (b) Explain liquidity risk and credit risk faced by banks and discuss how banks manage these risks [16 marks] (c) Explain why traditional banking has been on the decline in recent years. [10 marks] [Total 33 marks]
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