Author: | Mullineux, A. W. |
Title: | Why is the US banking system so unstable? |
Journal: | Royal Bank of Scotland Review
1987 : MAR, 153, p. 36-52 |
Index terms: | BANKING REGULATIONS USA |
Language: | eng |
Abstract: | A review of how despite failures and problems, US banks and thrifts reflected healthy profits. Number of banks placed on its problem list by Federal Deposit Insurance Corporation, the Continental Illinois crisis of insolvency, regulatory and supervisory responses and deregulation. The branching restrictions that led to a proliferation of US banks, resulting in banking instability. The proposals of the Bush Committee for the rationalisation of the supervisory structure. The proposal of a dual deposit scheme to deter excessive risk and move towards a more concentrated industry. |
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