In recent years, commercial banks have attempted to expand their activities into nonbanking areas, but securities firms have not been interested in expanding into commercial banking.

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Securities firms have also shown interest in expanding into commercial banking areas, driven by the potential for new revenue streams and the desire to offer a more comprehensive suite of financial services to their clients. This trend has been facilitated by regulatory changes in some jurisdictions that allow for greater integration of banking and securities services.

In Recent Years, Commercial Banks Have Attempted to Expand Their