Universal Banking
Bibliographic Data
| ID | 4029235 |
|---|---|
| Authors | George J Benston (John H. Harland Professor of Finance, Accounting, and Economics, Emory University, Atlanta, Georgia., corresponding author) |
| Year | 1994 |
| Volume | 8 |
| Issue | 3 |
| Pages | 121-143 |
| Publication date | 1994-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.8.3.121 |
| OpenAlex | W4241461661 |
| Language | EN |
| Citations received | 8 |
| References cited | 13 |
Universal banks can offer the entire range of financial services within the bank or through subsidiaries. Most countries permit universal banking. In contrast, the United States is served only by specialized banks. Universal banking, particularly in Germany, is contrasted with specialized banking with respect to their effect on financial stability, economic development, other financial institutions, concentration of political and economic power, consumer choice, and conflicts of interest. This examination, including a review of relevant empirical studies, leads to the conclusion that universal banking offers many benefits and few costs to U.S. consumers
Business · Economics · Financial services · Financial stability · Financial system · Retail banking · Subsidiary · Banking stability, regulation, efficiency · Housing Market and Economics · Islamic Finance and Banking Studies · Finance
Justifying the logic of regulatory post-crisis decision-making – The case of the French structural banking reform
Building the firm's political (lobbying) strategy
Are German Banks Different
Productividad, competencia e innovación en la banca privada española (1900–1914)
Universal Banking in Pre-World War I Germany
Do universal banks create value? Universal bank affiliation and company performance in Belgium, 1905–1909
Interlocking directorates and conflicts of interest
Did governance fail universal banks? Moral hazard, risk taking, and banking crises in interwar Italy1
| Unique citing works | 8 |
|---|---|
| Citations per year | 0,29 |
| Citation span | 1998 - 2019 (22) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 8 |