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U.S. Bank Deregulation in Historical Perspective (Paperback, New ed)
Loot Price: R1,287
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U.S. Bank Deregulation in Historical Perspective (Paperback, New ed)
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This book shows how and why deregulation has transformed the size,
structure and geographic range of US banks, the scope of banking
services, and the nature of bank-customer relationships. Over
recent decades the characteristics that had made American banks
different - the fragmented geographical structure of the industry,
which restricted the scale of banks and their ability to compete
with one another, and strict limits on the kinds of products and
services commercial banks could offer - have virtually been
eliminated. Understanding the origins and persistence of the unique
banking regulations that defined US banking for over a century
lends an important perspective on the economic and political causes
and consequences of the current process of deregulation. History
helps to define the political constituencies for and against
deregulation, the political process through which bank regulations
are determined, and the way deregulation is likely to affect future
bank performance and stability.
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