Why is the establishment of new branch offices usually favored over the chartering of new financial firms as a vehicle for delivering financial services?
Answer to relevant QuestionsWhat factors are often considered in evaluating possible sites for new branch offices?What services do ATMs provide? What are the principal limitations of ATMs as a service provider? Should ATM carry fees? Why?How can financial firms better promote Internet service options?Which accounts are most important and which are least important on the asset side of a bank's balance sheet?How do the financial statements of major nonbank financial firms resemble or differ from bank financial statements? Why do these differences or similarities exist?
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