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Universal Banking in the United States : What Could We Gain? What Could We Lose? by Anthony Saunders and Ingo Walter is a nonfiction available to read on EtoBox.

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

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. The purpose of this book is to evaluate the case for and against eliminating the barriers that have so long existed between banking and other types of financial services in the United States. Universal Banking in the United States studies the consequences of bank regulation in the U.S. as it relates to competition in international financial markets. Anthony S

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

Author

Anthony Saunders and Ingo Walter

Publisher

Oxford University Press, USA

Published

1994

Language

EN

ISBN

9781423736646

Category

nonfiction

Subjects

Finance, Economics, History