But the new financial conglomerates insist that matters are not so simple.
Those financial conglomerates have used their lending capacity to take some business away from traditional investment banks.
This will not always be practical in a modern financial conglomerate.
I reached that conclusion after years of storing my cash with a large financial conglomerate.
It goes without saying that financial conglomerates must not use information prohibited by law.
But large financial conglomerates would still be able to share the information between affiliated companies.
The government used to limit financial conglomerates to owning no more than 15 percent of a bank.
However, its strategy is consistent with that of other large, international financial conglomerates.
Yet their interests, along with those of the huge financial conglomerates, still predominate.
The associations is one of the world's largest financial conglomerates.