Roundtable discussion: reflection on twenty years of bank regulatory reform

Benston, George J.; Eisenbeis, Robert A.; Horvitz, Paul M.; Kane, Edward J.; Kaufman, George G.

Journal Article

Roundtable discussion: reflection on twenty years of bank regulatory reform

Abstract: In 1986 the American Bankers Association asked five banking academics to assess and recommend policy options to improve the banking system's efficiency, performance, and safety. The report these five economists produced, Perspectives on Safe and Sound Banking: Past, Present, and Future, has in many ways served as a roadmap for ensuing bank regulatory reforms. In this roundtable discussion, each of the five authors reflects on the past twenty years and the current status of the banking industry and, in some cases, shares thoughts about the industry's future direction.

Keywords: Banks and banking; Bank supervision;