The Economics of Money and Banking Chapter 6 Commercial Banks >>Types of Commercial Banks 2 Bank The segregated banking system is a high degree of specialization, under which certain banks are limited to some banking business. Types and Structure of Commercial Great Depression in the 1930s;Glass-Steagall Art The universal banking system is a system under which commercial banks are allowed to conduct all kinds of financial business,in another word,banks are allowed to conduct the concurrent business of banking,securities,trust and so on. 5 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 2 Types of Commercial Banks  The segregated banking system is a high degree of specialization, under which certain banks are limited to some banking business. Great Depression in the 1930s; Glass-Steagall Art Chapter 6 Commercial Banks Banks Types and Structure of Commercial  The universal banking system is a system under which commercial banks are allowed to conduct all kinds of financial business, in another word, banks are allowed to conduct the concurrent business of banking, securities, trust and so on