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The Regulation of the London Clearing Banks, 1946-1971 - Stability and Compliance (Hardcover, 1st ed. 2018)
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The Regulation of the London Clearing Banks, 1946-1971 - Stability and Compliance (Hardcover, 1st ed. 2018)
Series: Palgrave Studies in Economic History
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This book explores the way in which banks were regulated in the UK
in the period from 1946 until 1971. It focuses upon a group of 11
banks known as the London clearing banks. These banks included the
'Big Five' - Barclays, Lloyds, Midland, National Provincial and
Westminster - and were the equivalent to today's retail banks. The
time period in question is an intriguing one in the history of
banking and bank regulation in that the banking system was very
stable, but the regulatory framework was less dependent upon
codified forms of regulation than it is today. Having explored the
nature of clearing bank regulation, Arch goes on to consider the
rationale behind it, as well as its consequences. She concludes by
reflecting upon the nature of bank regulation since the global
financial crisis. This title is essential reading for academics
with an interest in banking history and bank regulation, for
practicing bank regulators and for regulatory policymakers.
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