Journal Article
Banking consolidation and correspondent banking
Abstract: Banking consolidation, spurred by interstate branching deregulation, is changing markets' competitive structure. Policymakers and regulators have focused on the implications for customers in retail and wholesale markets rather than consolidation's impact on correspondent banking markets (where banks buy and sell inputs used to produce banking services). By studying the era of intrastate branching deregulation, the authors provide some insights on the implications of interstate branching for correspondent banking.
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/title/economic-review-federal-reserve-bank-cleveland-1328/1999-quarter-1-4276?page=11
Description: Full text
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1999
Issue: Q I
Pages: 9-20