BANKING INDUSTRY

Current Structure of the Banking Industry

Current Structure of the Banking Industry

Introduction

Banks perform a vital role in the markets within which they operate, providing businesses, consumers and governments with access to financial products and services. They ensure the sustainability of the financial system by bringing together lenders and borrowers, which allows for the flow of funds to occur.

Current Structure of the Banking Industry

There are approximately 8,000 commercial banks in the United States (IBIS World, 2011a). The banking industry is facing the prospect of increased regulation. Part government ownership and direct intervention by the government in the dividend and remuneration policies of ...