Changes in the U.S. banking Sector architectureas a Result of 2008-2009 Crisis

P. Zakharov ()

Voprosy Ekonomiki, 2014, issue 5

Abstract: The financial crisis in the USA has led to major changes in the banking sector architecture. Many financial institutions went bankrupt and were absorbed by competitors, while others were compelled to change their business models. That has resulted in consolidation of the banking sector. Significant developments were also imposed by B. Obama’s financial regulation reform and unprecedented interference of the federal government in banking business.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2014:id:643

DOI: 10.32609/0042-8736-2014-5-84-96

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