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term A are one of the earliest services provided by banks and involves the management of B. The effect brings more than one financial-service industries together to reduce the C. An) gives the bank the right to manage the estate of a living person without a court D. When a financial institution offers a(n)mutual fund, it acts as broker for an E is the bringing together of two or more firms from different industries in order to F An) is a contract that promises to make a cash payment to the beneficiary in the G. Passage of theof 1999 granted banks, securities firms, and insurance companies H.Ain) is a contract that promises to reimburse policy holders for personal injury customer's property and other assets trust services economies of scalo deposits overall risk of the revenue flows through the company order. This can be amended by the customer as desired. unaffiliated mutual fund or group of funds and does not act as an investment advisor offer multiple services event of the death of the policy holder. the right to apply to the Federal Reserve Board to become financial holding companies. property danage, and ather losses, in exchange for the policy holder's premium B living trust life insurance policy economies of scope not asset value propertycasualty insurance policy proprietary security underwriting hedge funds payments. Gramm-Leach-Bliley Act are private investment pools which primarily offer to wealthy investors and major B fxed annuity institutions higher investment returns by taking on relatively risky assets. J. arise from the potential cost savings that result from being able to use the same management, advertising, and physical resources to offer multiple services. K. is the purchase for resale of new stocks, bonds, and other financial instruments in promises a customer, who deposits a lump sum, a guaranteed rate of return emerge when financial organization grows in size and is able to reduce its cost of L Aln) over the life of the contract. production per unit of output. N.is the value of a share in a mutual fund. it is the value of the assets heid by the mutusl fund less any liabilities, divided by the number of mutual fund shares outstanding O. Aln) fund, is a type of mutual fund offered through a bank's affilated company. The bank acts as a transfer agent, custodian, and offers investment advice in this type of mutual fund P The trust department can be a significant source of for a bank or financial holding company

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