Model proven in Europe
The conglomerate model has proven its viability in Europe over centuries.
CONTEXT(Help)
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The Global Financial Crisis »The Global Financial Crisis
Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
Unintended consequences of earlier public policy choices »Unintended consequences of earlier public policy choices
Investment banks incentivised to move into riskier activities »Investment banks incentivised to move into riskier activities
How were investment banks incentivised to increase risk? »How were investment banks incentivised to increase risk?
Allowing mixing of commercial and investment banking in 1990s »Allowing mixing of commercial and investment banking in 1990s
Enabled commerical and investment banking conglomeration »Enabled commerical and investment banking conglomeration
Model proven in Europe
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