The Big Markets: New York and California

Ranajoy Ray Chaudhuri
Additional contact information
Ranajoy Ray Chaudhuri: The Ohio State University

Chapter Chapter 3 in The Changing Face of American Banking, 2014, pp 21-34 from Palgrave Macmillan

Abstract: Abstract New York and California are the two big economic powerhouses on the East and the West Coasts and have been trailblazers in the field of banking. Some of the country’s first banks were chartered in New York, and the state is also home to some of the oldest continually operating banks. California, on the other hand, was the first state to permit unrestricted branching throughout the state. It created a truly competitive and well-regulated statewide banking sector in the process.

Keywords: Central Bank; Federal Reserve; Saving Bank; Branch Banking; Head Office (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36121-9_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137361219

DOI: 10.1057/9781137361219_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().