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Title:Recent trends in U.S. and German banking: convergence or divergence? PDF Logo
Authors:Biswas, Rita
Löchel, Horst
Issue Date:2001
Series/Report no.:Arbeitsberichte der Hochschule für Bankwirtschaft 29
Abstract:The purpose of this study is to focus on two leading industrialized nations - the U.S. and Germany - analyze the differences in the recent trends in their respective banking sectors and see if indeed the banking industries in these two leading economies are gravitating towards a homogeneous global banking structure or, even after the current changes, have entered the 21st century with continuing differences. We find a convergent model of universal banking with voluntary separation, by subsidiary, of commercial and investment banking.
Persistent Identifier of the first edition:urn:nbn:de:101:1-2008071638
Document Type:Working Paper
Appears in Collections:Frankfurt School - Working Paper Series, Frankfurt School of Finance and Management

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