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Volume 6, Number 4 October 2000 |
Specialization, Diversification, and the Structure of the Financial System: The Impact of Technological Change and Regulatory Reform |
Introduction Opening Remarks3 pages / 34 kb Jamie B. Stewart, Jr. |
Session 1: Banking and Securities and Insurance: Economists' Views of the Synergies Summary of Session 1 Presentations4 pages / 165 kb Cara S. Lown |
The Determinants of Success in the New Financial Services Environment: Now That Firms Can Do Everything, What Should They Do and Why Should Regulators Care?13 pages / 151 kb Anthony M. Santomero and David L. Eckles |
The Economics and Politics of Financial Modernization13 pages / 140 kb Randall S. Kroszner |
The Changing Landscape of the Financial Services Industry: What Lies Ahead?17 pages / 165 kb Cara S. Lown, Carol L. Osler, Philip E.Strahan, and Amir Sufi |
Commentary4 pages / 44 kb Christopher T. Mahoney |
Technology Address All the Answers Are Different5 pages / 58 kb Denis O'Leary' |
Session 2: Technology: Driving Specialization or Enabling Diversification (or Both)? Summary of Session 2 Panel Discussion4 pages / 56 kb John Wenninger |
Keynote Address The Changing Role of Banking Supervision5 pages / 64 kb Tom de Swaan |
Session 3: Why We Do What We Do: The Views of Bankers, Insurers, and Securities Firms on Specialization and Diversification Summary of Session 3 Panel Discussion5 pages / 62 kb Kevin J. Stiroh |
Session 4: The Changing Financial Structure: Challenges for Supervisors and Risk Managers Summary of Session 4 Panel Discussion4 pages / 54 kb Philip E. Strahan |