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14 January, 07:37

The blurring of the lines separating the subsets of the financial industry started in the:

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  1. 14 January, 08:33
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    The blurring of the lines separating the subsets of the financial industry started in the 1950s.

    The products and services in 1950 were primarily loans, deposits, payment services, savings products, fiduciary services. By 2010, products and services further expanded to include Off-Balance Sheet activities, f inancial guarantees, derivatives.
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