Excerpt from The Banking Structure in Evolution: A Response to Public Demand
The third means by which government influence the banking structure is through direct administrative control of mergers. In the unregulated industries mergers may be freely undertaken, subject only to prosecution under the antitrust laws. In banking, however, mergers require the prior administrative approval of a regulatory authority, and the regulatory agencies in reaching their decisions apply a variety of statutory criteria relating to the banking and public consequences of proposed mergers.
The desire to merge is critically affected by the power to branch. Merger applications rarely appear in no-branch States because a merger under those conditions usually requires the closing of one of the merged banks. Thus, two tools of structure control are effectively lost where branching is prohibited, and needed bank expansion must take place almost eu titely through new charters.
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Paperback. Zustand: New. Print on Demand. This book examines the evolution of the banking structure in the United States, focusing particularly on the period between 1900 and 1965. The author traces the changes in the banking landscape through periods of rapid expansion, sharp retrenchment, and postwar adjustment, exploring the interplay between economic forces and government regulations. The book delves into the intricate relationship between the banking industry and public policy, highlighting how government controls, such as restrictions on branching, profoundly shaped the structure of the banking system. It examines the debate surrounding chartering new banks versus allowing existing banks to expand through branch formation, and the unique considerations that must be taken into account when evaluating bank mergers. By analyzing the historical development of banking structure in America, the book reveals how it has been molded by a complex interplay of economic forces, government regulation, and public demand. Ultimately, it emphasizes the importance of a flexible and adaptable banking system that can effectively serve the needs of a dynamic and evolving economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9780266066729_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780266066729
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780266066729
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