Financial institutions in developed countries have undergone a profound structural change in recent years. As a result, banking has become internationalized and

This book presents a comprehensive examination of the deregulation of financial markets that began in the United States in the mid-1960s and has now reached glo

A wave of liberalization swept the developed world at end of the twentieth century. From the 1970s and 1980s onwards, most developed countries have passed vario

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation c

With almost 6,300 commercial banks, significantly more than in any other country, the world of US banking is unique, fascinating, and always in flux. Two princi