Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Economic Commentary

The Changing Nature of Our Financial Structure: Where Are We Headed? Where Do We Want To Go?

Download pdf

Changes in the financial markets haveblurred the distinctions between banksand other depository institutions, andbetween depository institutions andother financial businesses. In the midst of the blur, calls forreform have been coming from allcorners, including financial institutions,regulators, the Administrationand Congress, and the general public.The consensus is that reform is needed,but consensus ends there. Banks wantto go into other businesses. Other businesseswant to enter the banking business.Consumers want better servicesat lower costs. Regulators are concernedabout increasing risks.

12.15.1986EC 12/15/1986

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Horn, Karen N. 1986. “The Changing Nature of Our Financial Structure: Where Are We Headed? Where Do We Want To Go?” Federal Reserve Bank of Cleveland, Economic Commentary 12/15/1986.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International