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In the context of global economy, which one of the following pairs is not correctly matched

In the context of global economy, which one of the following pairs is not correctly matched ?

(a)

JP Morgan Chase: Financial Services

(b)

Roche Holding: AG Financial Services

(c)

WL Ross & Co.: Private Equity Firm

(d)

Warburg Pincus: Private Equity Firm

Answer:

(b)

CA

Explanation

Option 1, JP Morgan Chase, is correctly matched with Financial Services. This is because JP Morgan Chase & Co. is a major global financial services company, conducting activities in the fields of investment banking, asset management, private banking, private wealth management, and treasury services. Option 2, Roche Holding AG, is not correctly matched with Financial Services. Roche Holding AG is a Swiss multinational healthcare company that operates worldwide under two divisions: Pharmaceuticals and Diagnostics. Hence, it is incorrect to associate Roche Holding AG with Financial Services. Roche doesn`t offer financial services, thus making option 2 the correct answer. Option 3, WL Ross & Co., is correctly matched with Private Equity Firm. WL Ross & Co. is a private equity firm known for its involvement in leveraged buyouts and distressed businesses. Option 4, Warburg Pincus, is correctly matched with Private Equity Firm, as they are a global private equity investment institution that primarily invests in businesses at various stages of development, including start-ups, growth investments, and joint ventures.