Introduction

Charles R. Geisst
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Charles R. Geisst: Manhattan College

A chapter in A Guide to Financial Institutions, 1988, pp 1-3 from Palgrave Macmillan

Abstract: Abstract In the late 1970s and early 1980s, the major topic of discussion within and among financial institutions was high interest rates, especially those in the United States, and the various problems they created. When worldwide rates did begin to subside, the discussion shifted to institutional changes that were becoming necessary as a result of the changes in the financial climate of the previous decade. The net result has been a significant change in the attitudes of regulatory authorities that direct financial institutions as well as structural changes in the institutions themselves.

Keywords: Financial Institution; Financial Service; Commercial Bank; Cotton Yarn; Financial Climate (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18807-9_1

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DOI: 10.1007/978-1-349-18807-9_1

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