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Commercial banks in the securities business: a review

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  • João Cabral dos Santos

Abstract

An analysis of the potential effects of commercial banks' expansion into the securities business, focusing on gains, such as information advantages and economies of scope, as well as on potential costs, including conflicts of interest and risk considerations.

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Paper provided by Federal Reserve Bank of Cleveland in its series Working Paper with number 9610.

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Date of creation: 1996
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Handle: RePEc:fip:fedcwp:9610

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Keywords: Bank holding companies ; Banking Act of 1933 ; Securities;

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