Narrow Banking
Coined by Robert Litan, narrow banking refers to the system whereby there is a total separation of bank deposit accounts from all other bank activities.
References:
Litan, R.E., 1987. What should banks do?. Brookings Inst Pr.
Coined by Robert Litan, narrow banking refers to the system whereby there is a total separation of bank deposit accounts from all other bank activities.
References:
Litan, R.E., 1987. What should banks do?. Brookings Inst Pr.