Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Universal Banking in the United States: What Could We Gain? What Could We Lose?

Universal Banking in the United States: What Could We Gain? What Could We Lose?

Saunders, Anthony
Walter, Ingo

Hardcover

AccountingInvesting & Finance

ISBN10: 0195080696
ISBN13: 9780195080698
Publisher: Oxford University Press
Published: Jan 6 1994
Pages: 288
Weight: 1.23
Height: 0.96 Width: 6.29 Depth: 9.30
Language: English
In 1933 and 1956, the United States sharply limited the kinds of securities activities, commercial activities, and insurance activities banks could engage in. The regulations imposed on banks back then remain in place despite profound changes in the economic environment, in the structure of the national and international financial markets, and in technology. In this span of time many industries, especially those confronting global competition, have transformed themselves dramatically in their efforts to survive and prosper. Not so in the American financial services sector, banks have largely remained stuck in an antiquated regulatory structure which has placed the burden of responding to the needs of market-driven structural change on the shoulders of the regulators and the courts in a constant search for loopholes in the law.

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