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Convergence of Financial Systems and Regulatory Policy Chanllenges in Europe and in the United States

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  • Dziobek, C
  • Garrett, J
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    Abstract

    German unconstrained universal banking and the US market-based financial system are converging towards a middle ground but major obstacles remain. Full scale universal banking is beginning in the US but regulators are unprepared for the capital market consequences. Efforts to expand market finance in Germany have had modest success.

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    Bibliographic Info

    Paper provided by American Institute for Contemporary German Studies- in its series Papers with number 19.

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    Length: 39 pages
    Date of creation: 1996
    Date of revision:
    Handle: RePEc:fth:amiger:19

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    Postal: U.S.A.; Johns Hopkins University, American Institute for Contemporary German Studies. 1400 16th Street, N.W. Suite 420 Washington, D.C. 20036-2217

    Related research

    Keywords: GERMANY ; UNITED STATES ; BANKS ; CENTRAL BANKS;

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