What new and innovative sites have been selected for new branch offices in recent years? Why have these sites been chosen by some financial firms? Do you have any ideas about other sites that you believe should be considered?
Answer to relevant QuestionsWhat are POS terminals, and where are they usually located?Who charters new banks in the United States? The following statistics and estimates were compiled by Big Moon Bank regarding a proposed new branch office and the bank itself:Branch office expected return ............ = 15%Standard deviation of branch ...Suppose that a bank holds cash in its vault of $1.4 million, short-term government securities of $12.4 million, privately issued money market instruments of $5.2 million, deposits at the Federal Reserve banks of $20.1 ...What are off-balance-sheet items and why are they important to some financial firms?
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