How have bank failures influenced recent legislation?
Answer to relevant QuestionsWhat new regulatory issues remain to be resolved now that interstate banking is possible and security and insurance services are allowed to commingle with banking?Can you make a case for having only one regulatory agency for financial-service firms?What key areas or functions of a bank or other financial firm are regulated today?For each of the actions described, explain which government agency or agencies a financial manager must deal with and what laws are involved:A. Chartering a new bank.B. Establishing new bank branch offices.C. Forming a bank ...Describe the typical organization of a smaller community bank and a larger money-center bank. What does each major division or administrative unit within the organization do?
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