The EzyEducation website uses cookies to help ensure we give you the best experience.
If you continue without changing your settings, we assume that you are happy to receive all cookies on the EzyEducation website.
Please refer to our Privacy and Cookies Statement to

find out more.

Continue

Glass-Steagall Act - 1933

This was an act introduced after the uncertainties and volatilities of the stock market crash in the late 1920's. It introduced lots of individual forms of regulation to strengthen the financial sector.

It introduced deposit insurance for all depositors up to a pre-determined level. It also prevented financial institutions from merging with one another and as a result commerical and investment banks consolidating and forming a financial conglomerate like Citi Group.

Forgot your password?