Changes in the Structure of the German Banking System

The reorganisation of the Western German banking system, in progress since the end of the last war, is now entering a new phase. The present structure is the result of decisions taken by the allied authorities, particularly those of the U.S.,2 and its resemblance to the institutions of that country is thus very marked. It is nevertheless obvious that recent developments, particularly with respect to the centralisation of credit control, have run counter to the intentions of the American framers of the laws of I947 and I949 which decentralised central as well as commercial banking. Political developments in the Western Zones, leading to the creation of the Federal German Republic, are now beginning to affect the legal and organisational structure of post-war banking. Future changes in the system have become the responsibility of the Federal German Government -with, of course, an allied right to veto undesirable decisions -and the present position is thus of interest only as a point of departure. I shall attempt in this paper to discuss various proposals aimed at re-shaping German banking. The problems to be discussed fall naturally into three groups: I. The Control of Monetary Policy. II. The Structure of the Commercial Banks. III. The Organisation of Central Banking

Business · Cabinet (room) · Centralisation · Control (management) · Economics · German · Government (linguistics) · Management · Political science · Politics · Position (finance) · European Monetary and Fiscal Policies · Finance · History · Law · Law and Political Science · Public Administration

• Are Bigger Banks Better? Firm-Level Evidence from Germany

  Kilian Huber•Journal of Political Economy•2021

  Add to list