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|Title:||The separation of commercial and investment banking: A literature review|
|Series/Report no.:||Industriell och finansiell ekonomi|
|Keywords:||Commercial & investment banking, Conflicts of interest, Diversification, Glass-Steagall, Gramm-Leach-Bliley, Moral hazard, Separation, Too big to fail, Universal banking, Vickers report, Volcker rule|
|Abstract:||The purpose of this thesis is to survey the academic literature concerning the separation of commercial and investment banking, and to serve as a basis for future research. We provide a review of 75 papers showing that there is no unanimous evidence either for or against the argument that a separation of commercial and investment banking would be more beneficial for society overall. We further demonstrate that the recent financial crisis did not directly stem from the combination of commercial a... more|
|Appears in Collections:||Examensarbete i företagsekonomi för civilekonomexamen, 30hp|
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