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U.S. banking regulations prevent banks from owning major corporations. In other countries, the banking industry is...

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Finance

U.S. banking regulations prevent banks from owning majorcorporations. In other countries, the banking industry is much moreintegrated with the corporate sector, with banks owningcorporations or being owned by them, allowing easier finance forcorporations. Is the United States at a competitive disadvantagebecause of its regulations? What would be the benefits and costs ifthe United States were to liberalize its regulations and allowgreater integration of banking and commerce?

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4.4 Ratings (653 Votes)
Yes the United States is at a competitive disadvantage because of its regulations This is because regulations are strict and banks are not allowed to own major corporations or to be owned by them leading to lower levels of integration of banking and commerce in the    See Answer
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U.S. banking regulations prevent banks from owning majorcorporations. In other countries, the banking industry is much moreintegrated with the corporate sector, with banks owningcorporations or being owned by them, allowing easier finance forcorporations. Is the United States at a competitive disadvantagebecause of its regulations? What would be the benefits and costs ifthe United States were to liberalize its regulations and allowgreater integration of banking and commerce?

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