Legislation that provided for the separation of commercial banking and investment banking activities in the United States is called

a. Garn-St. Germain Depository Institutions Act
b. Glass-Steagall Act
c. Hunt Commission legislation
d. Depository Institutions Deregulation and Monetary Control Act

Ans: b. Glass-Steagall Act

Business

You might also like to view...

It is best to have a single work location for an ERP project team

Indicate whether the statement is true or false

View

Business

What is the definition of ethnocentrism?

What will be an ideal response?

View

Business