Deregulation has allowed banks to shift away from their historical role as intermediaries between depositors and borrowers.

Name: Deregulation has allowed banks to shift away from their historical role as intermediaries between depositors and borrowers.
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Question

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Deregulation has led to banks being able to engage in other activities such as investment banking, trading and insurance, which has shifted their focus away from traditional intermediary banking services.

Deregulation Has Allowed Banks to Shift Away from Their Historical