Universal Banking in the United States is an excellent book that provides a careful, in-depth analysis of the case for and against a shift to universal banking in the US...Quite readable and extremely interesting. It is of interest to a wide audience, including bankers, regulators, and lobbyists, and should be read by every US legislator.

• 1: Introduction: Banking Structure and Global Competition 2: Measures of Competitive Performance in Global Financial Markets 3: Economics of Scale and Scope Among the World's Largest Banks 4: The Nature of Universal Banking 5: The Risk of Nonbank Activities 6: How Risky Would Universal Banks Be? 7: Universal Banking and Reform of the Financial Safety Net 8: Towards a Rational and Competitive Regulatory Structure Annex: Summary of Laws Affecting Domestic Activities of Commercial Banks in Major Industrialized Countries References Index

Universal Banking in the United States is an excellent book that provides a careful, in-depth analysis of the case for and against a shift to universal banking in the US...Quite readable and extremely interesting. It is of interest to a wide audience, including bankers, regulators, and lobbyists, and should be read by every US legislator.

• 1: Introduction: Banking Structure and Global Competition 2: Measures of Competitive Performance in Global Financial Markets 3: Economics of Scale and Scope Among the World's Largest Banks 4: The Nature of Universal Banking 5: The Risk of Nonbank Activities 6: How Risky Would Universal Banks Be? 7: Universal Banking and Reform of the Financial Safety Net 8: Towards a Rational and Competitive Regulatory Structure Annex: Summary of Laws Affecting Domestic Activities of Commercial Banks in Major Industrialized Countries References Index

Universal Banking in the United States is an excellent book that provides a careful, in-depth analysis of the case for and against a shift to universal banking in the US...Quite readable and extremely interesting. It is of interest to a wide audience, including bankers, regulators, and lobbyists, and should be read by every US legislator.

• 1: Introduction: Banking Structure and Global Competition 2: Measures of Competitive Performance in Global Financial Markets 3: Economics of Scale and Scope Among the World's Largest Banks 4: The Nature of Universal Banking 5: The Risk of Nonbank Activities 6: How Risky Would Universal Banks Be? 7: Universal Banking and Reform of the Financial Safety Net 8: Towards a Rational and Competitive Regulatory Structure Annex: Summary of Laws Affecting Domestic Activities of Commercial Banks in Major Industrialized Countries References Index