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Effective Supervision and the Evolving Financial Services Industry

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Technology, market consolidation, international competition, and new legislation are changing the face of the financial services industry. How are the agencies responsible for ensuring the safety and soundness of our financial system responding? Jerry L. Jordan is president and chief executive officer of the Federal Reserve Bank of Cleveland. This Commentary is adapted from his keynote address to the 111th Annual Meeting of the Ohio Bankers Association on May 31, 2001.

Technology, market consolidation, international competition, and new legislation are changing the face of the financial services industry. How are the agencies responsible for ensuring the safety and soundness of our financial system responding? Jerry L. Jordan is president and chief executive officer of the Federal Reserve Bank of Cleveland. This Commentary is adapted from his keynote address to the 111th Annual Meeting of the Ohio Bankers Association on May 31, 2001.


Suggested citation: Jordan, Jerry L., 2001. "Effective Supervision and the Evolving Financial Services Industry," Federal Reserve Bank of Cleveland, Economic Commentary, 06.01.2001.

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