The door is open, but banks are slow to enter insurance and investment arenas

Ellen Harshman, Fred C. Yeager and Timothy J. Yeager

The Regional Economist, 2005, issue Oct, 4-9

Abstract: Congress opened the door five years ago for banks to enter the insurance and investment arenas, but the expected rush has yet to occur. That's probably fine with critics, who feared that the return of universal banks would bring back Depression-like instability.

Keywords: Banking law - United States; Financial modernization; Gramm-Leach-Bliley Act (search for similar items in EconPapers)
Date: 2005
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