End of BB banking as we've known it?

I know it's been talked about before but this looks like the very real push that might be needed to end one-stop banking. The people advocating are in the right places and the forum they are using seems like a great place to start discussions and get plans moving.

So what could this do to the banking landscape in the next 5-10 years?

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/18/paul-ryan-sa…

3 Comments
 

Im really interested in this as well. Especially since me and my friends are graduating school this year. No idea what to expect in 10 years down the road, considering all the changes that have occured the past 10 years.

 

Even in the most extreme scenario, the most that would come of this is splitting off the securities divisions of major banks. Doesn't affect your career trajectory at all, nothing to be worried about.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

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