Which of the following best characterizes the problems that developed at Bankgesellschaft Berlin?

Which of the following best characterizes the problems that developed at Bankgesellschaft Berlin?
A . Volume growth at the expense of margin.
B . Excessive reliance on volatile trading income.
C . Banking is a "for-profit" business, not a means of fulfilling political goals.
D . A company culture where profits may justify "excesses."

View Answer

Answer: C