Working Paper
Commercial banks in the securities business: a review
Abstract: An analysis of the potential effects of commercial banks' expansion into the securities business, focusing on gains, such as information advantages and economies of scope, as well as on potential costs, including conflicts of interest and risk considerations.
Keywords: Bank holding companies; Banking Act of 1933; Securities;
https://doi.org/10.26509/frbc-wp-199610
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Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1996
Number: 9610