商业银行管理彼得S.罗斯英文原书第8版 英语试题库Chap003.doc

Chapter 3 The Organization and Structure of Banking and the Financial-Services Industry Fill in the Blank Questions 1. A(n) ___________________ is a machine located at the merchants place of business which allows depositors to use their debit card to pay for purchases directly. Answer: POS 2. A(n) _____________________ is a bank which offers its full range of services from several locations. Answer: branch bank 3. A(n) _____________________ is a bank which offers its full range of services from only one location. Answer: unit bank 4. A(n)________________________ is a corporation chartered for the express purpose of holding the stock of one or more banks. Answer: Bank Holding Company 5. Managers who value fringe benefits, plush offices and ample travel budgets over the pursuit of maximum returns for stockholders are exhibiting signs of __________________________. Answer: Expense Preference Behavior A(n) __________________________ can invest in corporate stock as sell as loan money to help finance the start of new ventures or support the expansion of existing businesses. Answer: Merchant bank 7. A bank which operates exclusively over the internet is known as a ___________ bank. Answer: Virtual 8. One new 21st century bank organizational structures is _____________________ . This is a special type of holding company that may offer the broadest range of financial services. Answer: Financial Holding Company (FHC) The key problem in a large money center bank is . Managers may be knowledgeable about banking practices but may be less informed about products and services of subsidiary companies. Answer: span of control The Gramm-Leach-Bliley Act moved the U.S. banking industry closer to banking in which banks may provide securities, insurance, and other financial products. Answer: universal A bank that is not associated with a bank holding company is ca