It was a case of a bank pursuing traditional banking activities and pursuing them badly.
But the financial crisis did not involve commercial banks failing due to investment banking activities.
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So government insured deposits still could not be used to speculate in riskier investment banking activities.
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It has plans to increase the number of branches further and to expand its private-banking activities.
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The Barclays disclosures have inevitably fuelled calls for a full separation of retail and investment banking activities.
It involved investment banks failing due to traditional commercial banking activities, such as issuing and holding mortgage backed securities.
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The French bank agreed to buy the prime-brokerage unit of Bank of America, which is pruning its investment-banking activities.
The government will face the challenge of controlling rising financial and fiscal risks from shadow banking activities while ensuring stable growth.
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We increasingly conduct our banking activities online, and many do business with banks that exist only in a land called www.
But, as one of four full-time members of the Vorstand responsible for Dresdner's investment-banking activities, he was also Mr Robertson's boss.
This is partly because many banks are increasingly turning to capital markets to operate - away from traditional banking activities, he said.
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Swiss bank UBS has announced it is cutting 10, 000 jobs worldwide as it tries to cut costs and slims down its investment banking activities.
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Calls to revive Glass-Steagall, which would end securities and investment banking activities by commercial banks, have never been stronger since the law was repealed in 1999.
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Glass Steagall was passed to prevent commercial banks taking government insured deposits from failing due to losses incurred through riskier investment banking activities (issuing stock and other securities).
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And with these credit channels now blocked up, investment-banking activities such as helping companies to issue debt and equity are a crucial way of channelling savings to businesses with good ideas.
And if that bank had substantial trading or investment banking activities, it was allowed almost total discretion to determine the riskiness of those activities and to hold as little capital as it liked.
Then it needs to institute the Volcker rule to isolate speculation from federally insured banking activities or bring back Glass-Steagall, which completely separated trading from regulated lending as part of New Deal reforms.
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The ring-fence will require banks to put their High Street banking activities - such as taking deposits and lending to UK businesses - into a separate subsidiary from their riskier investment banking operations.
Not to be outdone in pointy-headedness, the Treasury committee hears from the chairman of the Independent Commission on Banking Sir John Vickers about its proposals to insulate high risk banking activities from "utility" high street banks.
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The main loser is expected to be insurance giant Allianz, which had hoped to snap up various parts of the retail banking activities Deutsche Bank had been planning to sell as part of the merger, analysts said.
U.S. Bancorp continues to eat into the market share of competitors like Bank of America and Citigroup, who have reduced their mortgage banking activities over recent quarters to rein in losses from their existing portfolio.
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Darling also took aim at proposals being bandied about to separate the retail and investment banking activities of banks in an effort to prevent the need for taxpayers to be forced to bail out banks in the future.
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On Jan. 21 the president proposed the "Volcker Rule, " named after former Fed chairman Paul Volcker, one of the biggest proponents of Glass-Steagall-type restrictions (although his current proposal--endorsed by the president--does not call for a separation of commercial and investment banking activities).
Ring-fenced banks would also be prohibited from carrying out a range of investment and wholesale banking activities, including the sale of complex derivatives, which are highly complicated contracts designed to hedge borrowers against certain risks but can lead to heavy losses if they go sour.
For example, when the Bank of England began to tighten slightly its oversight of Moscow Narodny Bank in London after 1986, the USSR simply moved at least a portion of its more risque banking activities to Eurobank in Paris and East-West United Bank in Luxembourg -- where regulatory officials were more laissez-faire.
Deputy Prime Minister Nick Clegg welcomed the report, telling BBC Radio 4's Today programme: "It is based on the insight that many people share, which is that it is not right to have very high-risk and very low-risk banking activities so intertwined that, when something goes wrong, it is the taxpayer that picks up the bill".
If analyst expectations are any guide, the big banks should be able to ride out any difficulty in their mortgage businesses with help from investment banking and other activities tied to the buoyant markets.
One piece of "news" in today's speech - though it is not, strictly, a surprise - is that Mr Osborne is accepting the Tyrie Commission's suggestion, to "electrify" the new ring-fence between banks' risky, investment banking-type activities and their retail operations.
Sanford Weill built Citi into a too-big-to-fail institution by steamrolling over the last remnants of the Glass-Steagall Act that previously had separated the deposits-and-loans business from riskier activities like investment banking and underwriting stocks.
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