Question: For many years you have been using your local small town
For many years you have been using your local, small-town bank. One day you hear that the bank is about to be purchased by Bank of America. From your vantage point as a retail bank customer, what are the costs and benefits of such a merger?
Answer to relevant QuestionsWhy have technological advances hindered the enforcement of legal restrictions on bank branching?Discuss the problems life insurance companies will face as genetic information becomes more widely available.As an employee, would you prefer to participate in a defined-benefit pension plan or a defined-contribution pension plan? Explain your answer.How did competition from money market mutual funds affect traditional savings institutions that provided mortgages at fixed interest rates? Beginning in 1981, plot the ratio of retail money market mutual funds (FRED code: ...One goal of the Dodd-Frank Wall Street reform is to end the “too big to fail” problem. How does it propose to do so? Why might it fail?
Post your question