Search Results for: The Interstate Banking Revolution

Rose focuses on a new and ongoing movement in American banking--the rapid spread of banks and bank holding companies across state lines. While many analysts believe that full-service interstate banking will bring badly needed capital to struggling local economies and help stem the rising tide of savings and loan failures, there is growing concern that this trend will only exacerbate current problems of excessive risk exposure in the banking industry. Rose evaluates these contending views, exploring in detail interstate banking's potential benefits and costs and assess the movement's future.