Download or read book The Changing Structure of American Banking written by Peter S. Rose and published by Columbia University Press. This book was released on 1987 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book The Changing Face of American Banking written by Ranajoy Ray Chaudhuri and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With almost 6,300 commercial banks, significantly more than in any other country, the world of US banking is unique, fascinating, and always in flux. Two principal pieces of legislation have shaped the banking structure in this country: The McFadden Act of 1927, which prohibited banks from branching into other states, and The Glass-Steagall Act of 1933, which separated commercial and investment banking activities. The repeal of the Glass-Steagall Act in 1999 was one of the main contributing factors behind the global financial crisis of 2008. This measure resulted in the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which once again prohibited commercial banks from making certain types of speculative investments. The Changing Face of American Banking analyzes the impact of both these acts - as well as that of their subsequent repeal - in depth, examining the real effects of government regulations on the US commercial banking sector. Ray Chaudhuri pinpoints the evolving nature of US commercial banks and banking regulations and explores their impact on the economy. Instead of just focusing on banks and regulations, this work considers the correlations and causality between banking performance and economic growth and productivity. It also brings the banking literature up to date with the 2008-2009 financial crisis and its aftermath, including the passage of the Dodd-Frank Act of 2010 and its effect on American banking.
Download or read book The Earning Power of Banks written by American Bankers Association. Research Council and published by . This book was released on 1939 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Concentration of Banking written by John M. Chapman and published by . This book was released on 1934 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the history of branch banking under state banking laws during the early years of American banking and explains the almost complete disappearance of branch banking following the Civil War and inauguration of the nation banking system, the revival of branch banking principally within the limits of a few large cities following the panic of 1893, the branch banking development in California following the state's passage of the Bank Act of 1909, the movement growing from an effort to remedy the numerous bank failures of the 1920s, and the agitation that culminated in the curtailed authorization for branch banking by national banks in the Banking Act of 1933.
Download or read book The American Banking Structure written by J. H. Riddle and published by . This book was released on 1934 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Regulation and Reform of the American Banking System 1900 1929 written by Eugene Nelson White and published by Princeton University Press. This book was released on 2014-07-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the regulation of banking in the United States between 1900 and the Great Depression, Eugene Nelson White shows how Congress and the state legislatures tried to strengthen the banking system by creating new institutions, rather than by changing nineteenth-century laws that perpetuated the unit structure of the banking industry. Originally published in 1983. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book American Banking Through Crises and Consolidation written by Arnold G. Danielson and published by SDP Publishing. This book was released on 2014-07-31 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six weeks in the autumn of 2008 dramatically changed the direction and structure of American banking by taking size and consolidation to a new level that few fully yet understand. Like in all financial crises an inevitable result is the big banks get bigger and the number of banks fewer. In this case, four commercial banks - JPMorgan, Bank of America, Citigroup and Wells Fargo - were left with 50 percent of all commercial bank assets with smallest of the four having more assets than the next five combined. This, though, was only part of the story as these banks also used the crisis to cross industry lines and become leading investment banks as well as commercial banks and left almost all privately-owned foreign banks far behind. The events of 2008 were the culmination of a 35 year evolution of American banking from a localized industry in the early 1970s to the large bank dominance of today, primarily as the result of three economic crises - the hard times of the 1970s that lasted through 1982, the real estate-driven recession of the late 1980s and early 1990s and the most recent financial debacle. During this period, not only did four banks rise to their position of dominance, the number of commercial and savings banks fell from 20,000 to less than 7,000 - with no end in sight. This book tells the story of this spectacular change in America's biggest business in such a short period of time from an insider's perspective and puts what happened in the last six years in the perspective of a long-term trend that shows no signs of abating. It is inevitable that the big will continue to get bigger and the number of banks fewer with driving force going forward likely to be technology rather than economic crises. This may dismay some, but this has been a natural evolution of an industry that was artificially kept by geographic constraints from doing what every other industry has done and to the benefit of America and its status in the world. Unlike autos, steel and so many other businesses, banking is an international business that seems likely to be dominated by American banks into the foreseeable future. About the Author: The impact of economic crises and consolidation on banking is something that Arnold G. Danielson witnessed beginning in the early 1970s from inside a bank holding company and from 1977 to 2007 from his firm, Danielson Associates, which was an advisor to banks and thrifts attempting to adjust to a continually changing banking environment. From 1985 to 2007 he wrote the regional and national Danielson Reports that described what was happening in the industry at the time. In 2007, he published his book, "Consolidation of Banking: or How Five Banks Bought 50% of America's Biggest Business," of which this book is a revision of and updated to include the period from 2008 to 2013 and place a greater emphasis on the impact of economic crises on banking. Today, Mr. Danielson is retired, and he and his wife, Vivian, split their time between homes in Potomac, Maryland and Nice, France. His time in France and love of history are reflected in a book far removed from banking, "A Traveler's History of Cote d'Azur," published in 2012.
Download or read book The Process of Change in American Banking written by Jeremy F. Taylor and published by Praeger. This book was released on 1990-04-17 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Jeremy Taylor focuses on the recent changes in the U.S. banking system, analyzing the underlying reasons for these changes and proposing solutions to problems currently faced by the industry. Arguing that the banking industry is the medium through which pressures are transmitted from one part of the economy to another, Taylor shows that public lack of confidence in banking--brought on by crises such as the bailout of the savings and loan industry--can translate into a serious lack of confidence in the economy as a whole. He fully examines the current banking crisis against the background of historical changes in U.S. banking, demonstrating that banking change in this country is most often crisis driven--due primarily to the failure of the legislature and the government to solve major problems before they become major crises. The considerable influence of politics on the U.S. banking system is also explored in depth. Divided into three parts, the book begins by examining the process of change in American banking. Taylor explores the role and significance of change in banking, offers a historical overview of the five major banking crises that have occurred since 1779, and discusses the theory of banking change. In the second section, the author looks at the problems caused by banking change. Particular attention is given to the present banking crisis and the insolvency of southern savings and loan institutions. Finally, Taylor addresses possible solutions to the problems of banking change. Before offering his own proposals, he demonstrates the relevance of Alexander Hamilton's ideas on banking to the present-day situation and compares the U.S. banking system with other major international banking centers. He concludes by calling for the creation of a new financial instrument that would allow investors to share in the ownership of bank loans, for amending the Glass-Steagal Act, and for the creation of debt-reduction summits for the m jor debtor nations of the Third World. Students of banking, policymakers, and banking executives will find Taylor an important new voice in debates about the causes of and solutions to the current banking crisis.
Download or read book Bank Mergers and Banking Structure in the United States 1980 98 written by Stephen A. Rhoades and published by DIANE Publishing. This book was released on 2010-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 1980, the U.S. banking industry experienced a sustained and unprecedented level of merger activity that has substantially affected banking structure. From 1980 through 1998, there were approx. 8,000 mergers, involving about $2.4 trillion in acquired assets. From 1990 to 1999 several mergers occurred that, at the time of occurrence, were the largest bank mergers in U.S. history. This report describes various facets of bank merger activity and some of the changes in U.S. banking structure that occurred from 1980 through 1998. A primary force underlying the sustained merger movement in banking since 1980 was the gradual removal of state and federal restrictions on geographic expansion in banking. Charts and tables.
Download or read book The Earning Power of Banks written by Frederic Clemson Howe and published by . This book was released on 1916* with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Toward a More Viable Financial System written by American Bankers Association and published by . This book was released on 1971 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Changing Composition of Bank Assets Classic Reprint written by Jules Irwin Bogen and published by Forgotten Books. This book was released on 2018-04-29 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Changing Composition of Bank Assets The Graduate School Of Business Administration of New York University has conducted a program Of research in major trends and problems Of commercial banking over the past five years. Studies of the adequacy of bank earnings, the competi tive position of commercial banks and the causes and effects of changing interest rates have been published under this program. In no respect have the dynamic economic developments of recent years affected commercial banking so profoundly as in the changes that have taken place-in the composition of bank assets. Serving as they do every sector of the economy, the commercial banks of necessity mirror in their assets the shifts that occur in the demands for credit. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book America s Bank written by Roger Lowenstein and published by Penguin. This book was released on 2015-10-20 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A tour de force of historical reportage, America’s Bank illuminates the tumultuous era and remarkable personalities that spurred the unlikely birth of America’s modern central bank, the Federal Reserve. Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system. Americans’ mistrust of big government and of big banks—a legacy of the country’s Jeffersonian, small-government traditions—was so widespread that modernizing reform was deemed impossible. Each bank was left to stand on its own, with no central reserve or lender of last resort. The real-world consequences of this chaotic and provincial system were frequent financial panics, bank runs, money shortages, and depressions. By the first decade of the twentieth century, it had become plain that the outmoded banking system was ill equipped to finance America’s burgeoning industry. But political will for reform was lacking. It took an economic meltdown, a high-level tour of Europe, and—improbably—a conspiratorial effort by vilified captains of Wall Street to overcome popular resistance. Finally, in 1913, Congress conceived a federalist and quintessentially American solution to the conflict that had divided bankers, farmers, populists, and ordinary Americans, and enacted the landmark Federal Reserve Act. Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the world stage as a global financial power. America’s Bank showcases Lowenstein at his very finest: illuminating complex financial and political issues with striking clarity, infusing the debates of our past with all the gripping immediacy of today, and painting unforgettable portraits of Gilded Age bankers, presidents, and politicians. Lowenstein focuses on the four men at the heart of the struggle to create the Federal Reserve. These were Paul Warburg, a refined, German-born financier, recently relocated to New York, who was horrified by the primitive condition of America’s finances; Rhode Island’s Nelson W. Aldrich, the reigning power broker in the U.S. Senate and an archetypal Gilded Age legislator; Carter Glass, the ambitious, if then little-known, Virginia congressman who chaired the House Banking Committee at a crucial moment of political transition; and President Woodrow Wilson, the academician-turned-progressive-politician who forced Glass to reconcile his deep-seated differences with bankers and accept the principle (anathema to southern Democrats) of federal control. Weaving together a raucous era in American politics with a storied financial crisis and intrigue at the highest levels of Washington and Wall Street, Lowenstein brings the beginnings of one of the country’s most crucial institutions to vivid and unforgettable life. Readers of this gripping historical narrative will wonder whether they’re reading about one hundred years ago or the still-seething conflicts that mark our discussions of banking and politics today.
Download or read book American Banking Structure written by Gerald C. Fischer and published by New York : Columbia University Press. This book was released on 1968 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Banking Panics of the Great Depression written by Elmus Wicker and published by Cambridge University Press. This book was released on 2000-12-04 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first study of five US banking panics of the Great Depression. Wicker's findings challenge many of the commonly held assumptions about the events of 1930 and 1931, and will be of use to monetary and financial historians and macroeconomists.
Download or read book Economic Regulation and Its Reform written by Nancy L. Rose and published by University of Chicago Press. This book was released on 2014-08-29 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries historically subject to economic price and entry controls have been largely deregulated, including natural gas, trucking, airlines, and commercial banking. However, recent concerns about market power in restructured electricity markets, airline industry instability amid chronic financial stress, and the challenges created by the repeal of the Glass-Steagall Act, which allowed commercial banks to participate in investment banking, have led to calls for renewed market intervention. Economic Regulation and Its Reform collects research by a group of distinguished scholars who explore these and other issues surrounding government economic intervention. Determining the consequences of such intervention requires a careful assessment of the costs and benefits of imperfect regulation. Moreover, government interventions may take a variety of forms, from relatively nonintrusive performance-based regulations to more aggressive antitrust and competition policies and barriers to entry. This volume introduces the key issues surrounding economic regulation, provides an assessment of the economic effects of regulatory reforms over the past three decades, and examines how these insights bear on some of today’s most significant concerns in regulatory policy.
