Once the functions collided, the universal banks had aspects of buyers, who were being also borrowers, which created it handy for them to sell risky positions from bias. These worries designed the authorities introduce the US Glass-Steagall Act of 1933, which prohibited industrial financial institutions from featuring investment banking amenities. https://chancetvodw.techionblog.com/32478913/the-definitive-guide-to-investment-banking-firm