Shadow Banking Systems in the United States and China

Author(s):  
Sara HSU ◽  
◽  
Jianjun LI ◽  
1992 ◽  
Vol 88 (43) ◽  
pp. 1 ◽  
Author(s):  
Howard Lee ◽  
Liliana Rojas-Suárez ◽  
Steven Riess Weisbrod ◽  
◽  
◽  
...  

2000 ◽  
Vol 14 (2) ◽  
pp. 191-204 ◽  
Author(s):  
James R Barth ◽  
R Dan Brumbaugh ◽  
James A Wilcox

Enactment of the Gramm-Leach-Bliley Act (GLBA) in November 1999 effectively repealed the long-standing prohibitions on the mixing of banking with securities or insurance businesses and thus permits “broad banking.” We attribute repeal of these prohibitions to the increasingly persuasive evidence from academic studies of the pre-Glass-Steagall era, the recent favorable experience in the United States following partial deregulation of banking activities, the experience of banking systems abroad with broader scopes for banking activities, and rapid technological change in telecommunications and data processing. How regulators will in practice coordinate their efforts so that the safety and soundness of the banking system is maintained efficiently remains to be seen.


2018 ◽  
Vol 10 (1) ◽  
pp. 153-172 ◽  
Author(s):  
Andrew Metrick ◽  
June Rhee

In the wake of the global financial crisis (GFC), many nations embarked on reform to the financial regulatory system. This reform, unprecedented in its scope, touched virtually every part of the financial system in the United States and Western Europe. This article summarizes the key reforms, explains how these reforms fit together, assesses the relevant scholarly literature, and suggests six significant areas of open questions for researchers. These six areas are ( a) liquidity rules, ( b) central clearing of swaps, ( c) shadow banking, ( d) lenders of last resort, ( e) extended guarantees, and ( f) resolution and restructuring.


1936 ◽  
Vol 46 (181) ◽  
pp. 128
Author(s):  
R. S. Sayers ◽  
Kenneth Mackenzie ◽  
R. W. Jones ◽  
Maurice Megrah

Sign in / Sign up

Export Citation Format

Share Document