Finance companies, bank competition, and niche markets
Abstract: During the 1980s, U.S. commercial banks faced increased competition in their lending activity from large finance companies. This article analyzes the differential performance of banks and finance companies in various segments of the consumer and business credit markets. In particular, it explores why banks were seemingly slow to take advantage of opportunities in fast-growing finance company niche markets.
File(s): File format is application/pdf http://www.newyorkfed.org/research/quarterly_review/1992v17/v17n2article3.pdf
Provider: Federal Reserve Bank of New York
Part of Series: Quarterly Review
Publication Date: 1992