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The Changing Face of American Banking: Deregulation, Reregulation, and the Global Financial System
Ranajoy Ray Chaudhuri
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Description for The Changing Face of American Banking: Deregulation, Reregulation, and the Global Financial System
Hardcover. Chaudhuri pinpoints the evolving nature of US commercial banks and banking regulations and explores their impact on the economy. Num Pages: 279 pages, 4 black & white illustrations, biography. BIC Classification: 1KBB; KFFK; LNPB. Category: (P) Professional & Vocational. Dimension: 242 x 157 x 21. Weight in Grams: 586.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2014
Publisher
Palgrave Macmillan
Condition
New
Number of Pages
279
Place of Publication
Basingstoke, United Kingdom
ISBN
9781137365811
SKU
V9781137365811
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Ranajoy Ray Chaudhuri
Ranajoy Ray Chaudhuri is Lecturer int the Economics Department at The Ohio State University, USA.
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