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Commercial banks in the securities business: a review

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An analysis of the potential effects of commercial banks' expansion into the securities business, focusing on gains, such as information advantages and economies of scope, as well as on potential costs, including conflicts of interest and risk considerations.

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  • João A. C. Santos, 1996. "Commercial banks in the securities business: a review," Working Papers (Old Series) 9610, Federal Reserve Bank of Cleveland.
    • Handle: RePEc:fip:fedcwp:9610
    DOI: 10.26509/frbc-wp-199610
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