Banking Across State Lines: Public and Private Consequences
Greenwood Publishing Group, 1997 - 173 pages
Dr. Rose opens his book with an overview of the trend in U.S. banking towards a consolidated banking system similar to those in other industrialized nations, particularly Canada, Great Britain, and Germany. He identifies causes of this movement toward consolidation, attributable to governmental interventions and the exigencies of the private sector marketplace. He reviews the long history of federal and state restrictions against interstate banking and then explains how laws passed in the 1990s are permitting giant nationwide banking companies to emerge. What does this mean for the public, bankers, and investors? Less than what people think and have hoped for. Dr. Rose warns that many of the benefits expected from interstate banking will probably be nonexistent or at best meager. His book will certainly prove to be a vital resource for anyone involved in the banking industry and for those who influence it.
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The Old and the New American Banking in Consolidation
Background to Interstate Banking Early Federal and State Interstate Banking Laws
The 1994 Interstate Banking Law and Its Implications for the Structure of US Banking
The Potential Benefits and Costs of Interstate Banking
The Research Evidence What Is Known About Interstate Bankings Effects?
How Bankers Evaluate Target Interstate Markets and Institutions Across State Lines
The Consequences of Interstate Banking for the Public the Regulatory Community and Banks Themselves