Banking Act of 1933
Definition
A Congressional act designed to restore financial stability to the country during the Great Depression, through the creation of federal deposit insurance and the separation of commercial banking and investment banking through the Glass-Steagall Act.
This content can be found on the following page:
http://www.investorwords.com/410/Banking_Act_of_1933.html
email to a friend
print this definition
cite this definition
link to this page
Copy and paste this HTML in your website to link to this page
Related Research Articles from the InvestorGuide.com University
Choosing a Bank Learn how to choose the best bank for you. Compare features like interest rates, convenience, FDIC membership, size, and minimum deposit. Compare services like direct deposit, ATMs, online banking, credit cards and debit cards.

Introduction to Banking Learn about the basics of banking, as well as alternatives to banks, such as credit unions, brokerages and mutual funds.

Online Banking How can you find the best online bank for you? Within the last decade, online banking has exploded in popularity, and revolutionized the industry, but some banks offer better services than others. Here we look at some things you should consider when you choose an online bank, including account access, security, online bill paying, account aggregation and fees.

|