Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. over the past few decades, the number of commercia

Over the past few decades, the number of commercial banks in the US has declined...

50.1K

Verified Solution

Question

Finance

Over the past few decades, the number of commercial banks in the US has declined significantly, partly due to the growth of nonbanks. In many smaller towns and cities, locally-owned banks are disappearing. What are the positives and negatives of this trend? What do industry experts say? What actions do you think should be taken in regard to the decline in the number of commercial banks, and why?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Ken, a salaried employee, was terminated from his company in April of this year. Business had...

Accounting
Q

4. Design Considerations. An airplane wing has a long beam along its span called a spar....

Civil Engineering
Q

1 Based on classic perspectives of personality (module 38), how is personality measured? (100 words minimum) 2...

Psychology
Q

Payback Period is Initial Cash Outlay = $-100. Cash Inflow Year 1 = +60. Cash Inflow Year 2...

Finance
Q

Find the higher order derivative dx d 3x In 3x 3x 3x In 3x 0

Calculus
Q

Throw a pair of fair 4 sided dice and take X to be the sum...

Algebra
Q

Components of the organization that are demotivating for purposes of performance management are known as...

Accounting
Q

Bailey sold kitchen cabinets to a customer for $10,000 on credit. The journal entry is

Accounting
Q

Departmental reports are uselful for all of the following purposes except A. determining performance B....

Accounting
Q

The independent cases are listed below includes all balance sheet accounts related to operating activities:...

Accounting
Q

Northwood Company manufactures a basketball selling for $25 per unit In a small plant heavily...

Accounting
Q

The risk threshold measures the amount investors must be paid to take on some level...

Finance