Banks were once forbidden from branching across state lines. In fact, some states used to limit the in-state branches to three "facilities" (like Missouri) or branching only to contiguous counties (i.e., Massachusetts). In recent years, banks are more and more allowed to open branches all over the country. Is this a good thing? Or is this not a good thing?
Banks were once forbidden from branching across state lines. In fact, some states used to limit the in-state branches to three "facilities" (like Missouri) or branching only to contiguous counties (i.e., Massachusetts). In recent years, banks are more and more allowed to open branches all over the country. Is this a good thing? Or is this not a good thing?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Banks were once forbidden from branching across state lines. In fact, some states used to limit the in-state branches to three "facilities" (like Missouri) or branching only to contiguous counties (i.e., Massachusetts). In recent years, banks are more and more allowed to open branches all over the country.
Is this a good thing? Or is this not a good thing?
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