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OverviewThe articles and commentaries included in this volume were presented at the Federal Reserve Bank of St. Louis' fifteenth annual economic policy conference. The conference focused on the effects of a variety of recent changes in the market for financial services in the United States. This market has been changing rapidly in recent years: business loans have become more liquid, as the market for loan sales grows. Banks have been permitted to participate in a limited form of interstate banking. Commercial banks have been given permission to offer additional underwriting services. The market for residential mortgage credit has been transformed, through securitization and the declining role of savings and loan associations. Foreign financial firms have taken a rising share of the market financial services. The papers in this volume describe these changes and examine implications for financial institutions and their customers. Full Product DetailsAuthor: R. Alton GilbertPublisher: Springer Imprint: Springer Edition: Softcover reprint of the original 1st ed. 1992 Dimensions: Width: 15.50cm , Height: 1.30cm , Length: 23.50cm Weight: 0.403kg ISBN: 9789401053228ISBN 10: 9401053227 Pages: 245 Publication Date: 10 October 2012 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand We will order this item for you from a manufactured on demand supplier. Table of ContentsI.- 1 The Opening of New Markets for Bank Assets.- II.- 2 Interstate Banking, Bank Expansion and Valuation.- 3 The Market for Home Mortgage Credit: Recent Changes and Future Prospects.- 4 Equity Underwriting Risk.- III.- 5 The Competitive Impact of Foreign Commercial Banks in the United States.- 6 The Competitive Impact of Foreign Underwriters in the United States.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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