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Regulation in the Banking Business and Its Effects
Essay specific features
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Written by:
Ruth S
Date added:
April 11, 2015
Level:
University
Grade:
A
No of pages / words:
6 / 1530
Was viewed:
3887 times
Rating of current essay:
Essay content:
Cushman, p. 133).
In the United States, banks are regulated through a dual banking system; they are governed at both the state and federal level. This was designed to give the states significant control over banks, and also to ensure that banks would be treated fairly as they expanded their operations across state lines...
displayed 300 characters
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This was designed to give the states significant control over banks, and also to ensure that banks would be treated fairly as they expanded their operations across state lines.
Regulatory agencies are responsible for gathering and evaluating the information necessary to assess the true financial condition of banks to protect the public against loss due to mismanagement, embezzlement or fraud through periodic examinations and/or audits...
displayed 300 characters
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