Journal Article

Some thoughts on the evolution of the banking system and the process of financial intermediation


Abstract: The author discusses three areas she considers important in the evolution of the financial services industry: consolidation and the economies gained from it, governance issues that emerge as the structure of the banking industry changes, and the decline in the market share of banking. This decline in market share, she believes, may reflect a decline in demand for deposits rather than a decline in demand for relationship lending.

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Bibliographic Information

Provider: Federal Reserve Bank of Atlanta

Part of Series: Economic Review

Publication Date: 2007

Issue: Q1-2

Pages: 67 - 75

Order Number: v. 92, nos. 1-2