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

Innbundet / 1994 / Engelsk

Produktdetaljer

ISBN13
9780195080698
Publisert
1994
Utgiver
Vendor
Oxford University Press Inc
Aldersnivå
06, P
Språk
Product language
Engelsk
Format
Product format
Innbundet
Sider
286
Vekt
651 gr
Høyde
243 mm
Bredde
163 mm
Tykkelse
26 mm
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Universal Banking in the United States What Could We Gain? What Could We Lose?

Innbundet / 1994 / Engelsk
In 1933 and 1956, the United States sharply limited the kinds of securities, commercial, and insurance activities banks could engage in. These regulations remain in place despite profound changes in the economic environment, in the structure of the national and international financial markets, and in technology. This book evaluates the case for and against eliminating these barriers. The authors study the consequences of bank regulation in the US as it relates to competition in international financial markets. They examine universal banking systems in other countries, especially Germany, Switzerland, and the UK, and how they work. They then apply the lessons to US banking, paying particular attention to the benchmarks of stability, equity, efficiency, and competitiveness against which the performance of national financial systems should be measured. They propose a level playing field on which any number of forms of organization can grow in the financial services sector, in which universal banking is one of the permitted structures, and where regulation is linked to function.
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This book studies the consequences of bank regulation in the United States as it relates to competition in international financial markets.
1: Introduction: Banking Structure and Global Competition 2: Measures of Competitive Performance in Global Financial Markets 3: Economics of Scale and Scope Among the World's Largest Banks 4: The Nature of Universal Banking 5: The Risk of Nonbank Activities 6: How Risky Would Universal Banks Be? 7: Universal Banking and Reform of the Financial Safety Net 8: Towards a Rational and Competitive Regulatory Structure Annex: Summary of Laws Affecting Domestic Activities of Commercial Banks in Major Industrialized Countries References Index
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Universal Banking in the United States is an excellent book that provides a careful, in-depth analysis of the case for and against a shift to universal banking in the US...Quite readable and extremely interesting. It is of interest to a wide audience, including bankers, regulators, and lobbyists, and should be read by every US legislator. * Bankers Magazine *
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Produktdetaljer

ISBN13
9780195080698
Publisert
1994
Utgiver
Vendor
Oxford University Press Inc
Aldersnivå
06, P
Språk
Product language
Engelsk
Format
Product format
Innbundet
Sider
286
Vekt
651 gr
Høyde
243 mm
Bredde
163 mm
Tykkelse
26 mm
Se alle