Journal Article

Potential employment effects of the restructuring of retail banking


Abstract: The author explains that two steps being taken by banks to restructure their branch systems--the substitution of supermarket branches for traditional offices and the expansion of telephone banking through twenty-four-hour phone centers--may adversely affect employment in New York State as well as across the country.

Keywords: Branch banks; Banks and banking - Customer services;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 1997

Volume: 3

Issue: Feb

Pages: 75-78