Do Part B only, ignore part A!Subject: Commercial BankingPart B: Budget 2017: The economic case for the bank levy[ 15 marks]Quality is the most appropriate determinant of the grade awarded but itis suggested that approximately 1,500 words be a suitable length.The group paper should have an abstract.Analyse the article, Davis. (2017) Budget 2017: The economic case forthe bank levy from the perspective of banks. In the face of this newlevy, discuss the possible courses of action for the banks. Consider thebanks business models faced with this new levy and the implementationof IFRS 9 in 2018.Ian FinlaysonMay 2, 2017.FORMAT REQUIREMENT:The group paper should be be typed and double spaced; flow as a well documented coherent, committee paper; give citations for all sources; have correct formats for the bibliography, footnotes and references; have on the first page of the paper, the title of the paper, the authors names and respective tutorial groups; and
