Main Content

Bank Activities and Structure

  • The Future of Banking

    Peter Davey

    Reports of the demise of financial institutions are greatly exaggerated. As their rich history has shown, banks have always used new technologies to improve their businesses and provide broader reach for their customers, and this trend should continue for a long time to come.

  • Structural Limitations and Activity Restrictions

    Norbert Michel

    Financial regulations should not protect people from business or financial risk that they knowingly choose to accept. Reform should start from this principle: Firms that absorb more of their own losses do not need to be heavily regulated.

  • Are Banks Special? A Re-Revisitation

    H Rodgin Cohen

    The conclusion that E. Gerald Corrigan reached in 1982 – that banks are special – is still true today. It’s worth revisiting his work for a second time.