The Bank Export Services Act

The Bank Export Services Act

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... Act of 1931 was promulgated in reaction to the debacle wrought by bank failures during the Depression. This Act mandated the separation of investment banking and commercial banking activities. But conditions in ensuing years have changed. In response to some of those changes, the Bank Holding Company Act of 1959 was enacted to permit commercial banks to establish holding companies that could own a number of financially related businesses such as factoring, credit card, anbsp;...

Title:The Bank Export Services Act
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance
Publisher: - 1982

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