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Titlebook: The Changing Face of American Banking; Deregulation, Reregu Ranajoy Ray Chaudhuri Book 2014 Ranajoy Ray Chaudhuri 2014 bank.banking.Banking

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书目名称The Changing Face of American Banking
副标题Deregulation, Reregu
编辑Ranajoy Ray Chaudhuri
视频video
图书封面Titlebook: The Changing Face of American Banking; Deregulation, Reregu Ranajoy Ray Chaudhuri Book 2014 Ranajoy Ray Chaudhuri 2014 bank.banking.Banking
描述With almost 6,300 commercial banks, significantly more than in any other country, the world of US banking is unique, fascinating, and always in flux. Two principal pieces of legislation have shaped the banking structure in this country: The McFadden Act of 1927, which prohibited banks from branching into other states, and The Glass-Steagall Act of 1933, which separated commercial and investment banking activities. The repeal of the Glass-Steagall Act in 1999 was one of the main contributing factors behind the global financial crisis of 2008. This measure resulted in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which once again prohibited commercial banks from making certain types of speculative investments.The Changing Face of American Banking analyzes the impact of both these acts - as well as that of their subsequent repeal - in depth, examining the real effects of government regulations on the US commercial banking sector. Ray Chaudhuri pinpoints the evolving nature of US commercial banks and banking regulations and explores their impact on the economy. Instead of just focusing on banks and regulations, this work considers the correlation
出版日期Book 2014
关键词bank; banking; Banking Industry; consumer; depression; fiscal policy; growth; interest rates; monetary polic
版次1
doihttps://doi.org/10.1057/9781137361219
isbn_ebook978-1-137-36121-9
copyrightRanajoy Ray Chaudhuri 2014
The information of publication is updating

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