1. It prevents efficient banks from expanding. 2. As part of the New Deal, Congress passed the Glass-Steagall Act, which prevented banks from providing both underwriting and traditional banking services. 3. By setting the maximum rates, the central bank aims to limit risk to investors by preventing problem banks from offering higher rates to lure depositors. 4. By raising stock prices, legislators are trying to prevent ailing banks from reporting losses for the year ending in March, Shimamoto said. 5. By setting maximum rates on guaranteed deposits, the central bank aims to limit risk by preventing problem banks from offering higher rates to lure depositors. 6. Davies said the changes will not necessarily prevent banks like Barings from collapsing. 7. It is common for many distressed debtors to create obstacles to prevent banks from selling their collateralized property, according to lawyers, bankers and real estate experts. 8. Justice would therefore prevent banks that do a large amount of business with one network from setting policy at the other. 9. Laws also prevent banks from charging students high interest rates to compensate for the risk. 10. Legal requirements and political concerns could prevent the banks from trimming staff and costs, he said. |