Skip to main content

Chicago Fed's Moskow on bank competition

In a speech given on 5 May Michael Moskow of the Federal Reserve Bank of Chicago said borrowers have benefited from an erosion of banks' traditional information advantages and wider competition in financial services.

"Technological change, deregulation and increased competition have redefined the position of banks in the financial services market," Moskow said.

The new landscape has given even small business borrowers wider access to capital markets, he said, while household borrowers gain from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Show password
Hide password

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.