Which of the following statements about investment banking in the Unit

Which of the following statements about investment banking in the United States is MOST correct?

A) The top five banks involved in investment banking account for less than 25% of the industry’s
total market share.
B) The investment banking industry became more competitive following the financial crisis in
2007 and 2008.
C) Investing banking is dominated by a few, very large, stand-alone investment banking firms,
such as Bear Stearns.
D) The investment banking industry is dominated by large banks that are also investment
bankers.

ANSWER

D