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He said the Federal Reserve, the US central bank, would act as "consolidated supervisor" of all large banks and other financial institutions under the reforms -- Obama's latest bid to address excesses and laxity blamed for pitching the US and global economy into crisis. He said the Federal Reserve, the US central bank, would act as "consolidated supervisor" of all large banks and other financial institutions under the reforms -- Obama's latest bid to address excesses and laxity blamed for pitching the US and global economy into crisis. Wholesale banking is often defined as banking services which are provided between merchant banks and other financial institutions Although, wholesale banking is also a term referred to the wide range of financial services that are provided by financial institutions to various businesses and corporations as well as the government Wholesale banking is often defined as banking services which are provided between merchant banks and other financial institutions. |
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