Critical analysis of the impact of the conversion of banks function from depositors and lenders to a crucial player in the national and international financial system

Abstract

The story of the structural regulation of banking started in 1930 as a response to the failure of many banks, and it is a highly debated topic. This is because neither regulatory bodies nor academics could provide a precise description of the banks function and role in the economy after banks evolved from depository institutions to essential players in the financial system