The separation of banking and commerce

John Krainer

Economic Review, 2000, 15-24

Abstract: In the wake of the passage of the Gramm-Leach-Bliley Act, the separation of banking from commercial activity is now one of the few remaining pieces of Depression-era banking law. In this article I explore the incentives that banks and commercial firms might have to affiliate. I also outline some of the reasons why legislators might be hesitant to permit such affiliations.

Keywords: Gramm-Leach-Bliley Act; Banks and banking (search for similar items in EconPapers)
Date: 2000
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Journal Article: The separation of banking and commerce (1998)
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