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Lecture 4. Regulatory intervention in international comparison.

This lecture examines regulatory interventions in the banking sectors of the US, Germany, and Italy, focusing on the Glass-Steagall Act's historical and contemporary implications. It explores the separation of commercial and investment banking, highlighting different regulatory approaches and their impacts on financial stability and economy. The analysis draws on insights from Benston's 1990 work, assessing how these countries have navigated challenges and adapted their regulatory frameworks over time, providing a comprehensive understanding of global banking regulations.

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Lecture 4. Regulatory intervention in international comparison.

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