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Why banking is dominated by a few big and highly leveraged firms

Geoff Riley

16th June 2015

The domination of the banking industry by a handful of ‘too-big-to-fail’ and highly leveraged banks is driven by two forces at the heart of modern market economies: competition and ‘increasing returns to scale’.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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