Business & Economics / Banks & Banking

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Policy Responses to the Globalization of American Banking

Policy Responses to the Globalization of American Banking

Since the late 1950s the world’s banks have expanded their global operations, with US institutions leading the way. As the recent global economic crisis shows, actions of private bankers can threaten capital markets, weaken national regulatory systems, and strain international cooperation-seriously endangering the world economy and the interests of nation states.

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