商业银行的结构、监管与绩效.ppt

Commercial Banking Structure, Regulation and Performance Chapter 15 Learning Objectives Who regulates whom in banking system and why What a bank holding company is and why virtually all large banks are now organized as holding companies What is a financial holding company Nature of and reasons for the recent wave of bank mergers Profitability of the banking system in recent years Banking Regulatory Structure Glass-Steagall Act of 1933 Banking legislation Enacted in response to Great Depression Established Regulation Q interest rate ceilings Separated commercial and investment banking Created the FDIC Regulation Q Interest rate ceilings on deposits at commercial banks Established during the Great Depression Phased out after 1980 Banking Regulatory Structure Federal Deposit Insurance Corporation (FDIC) Federal agency Insures the deposits of banks and savings associations Comptroller of Currency Federal agency Charters national banks Banking Regulatory Structure Chartered Given permission to engage in business of commercial banking Banks must obtain charter before opening Commercial banks in U.S. are chartered National Bank Bank that has received charter from Comptroller of Currency (federal government) Dual Banking System System whereby a bank may have either a national or state charter Regulatory Responsibilities FDIC regulates: State-chartered, insured non-Fed members Insured branches of foreign banks Comptroller of Currency regulates: National banks that are not bank holding companies Federally chartered branches of foreign banks Regulatory Responsibilities Fed regulates: State-chartered, insured members of the Fed All bank holding companies All financial holding companies Branches of foreign banking organizations operating in U.S. and their parent bank States regulate: State-chartered, non-FDIC-insured banks that are not Fed members Structure of Commercial Banking System Regulators Interested in monitoring, influencing, controlling structure of market for bankin