Why are commercial banks deemed to be special? Why are they subject to more regulation and supervision

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Why are commercial banks deemed to be special? Why are they subject to more regulation and supervision than most other industries? Do the same arguments apply to savings institutions and credit unions?

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Financial Markets Banking And Monetary Policy

ISBN: 9781118872239

1st Edition

Authors: Thomas D. Simpson

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Question Posted: Feb 02, 2024 09:34 AM

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Why are commercial banks deemed to be special? Why are they subject to more regulation and supervision

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Commercial banks are special and subject to more regulations than most industries due to their pivotal role in the economy Here are a few reasons why ...View the full answer

Financial Markets Banking And Monetary Policy

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