Money in the Bank

Deregulation of financial institutions has created a regional hodgepodge of breathless pros and guarded cons. On one side of the coin we have the Alan S. Fellheimers (Equibank) wishing to stave off deregulation but trapped by the competitive posture of his bank. On the other side, we have the Bob To...

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Bibliographic Details
Published inExecutive report (Pittsburgh, Pa.) Vol. 4; no. 4; p. 30
Main Authors Amersbach, Gabriele, Dupree, Dominique, Leff, Deborah
Format Journal Article
LanguageEnglish
Published Pittsburgh Executive Report 01.10.1985
Subjects
Bank management
Banking industry
Banking law
Deposit insurance
Deregulation
Fellheimers, Alan S
Gray, Edwin J
Todd, Robert C
PA
US
Pittsburgh
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Summary:Deregulation of financial institutions has created a regional hodgepodge of breathless pros and guarded cons. On one side of the coin we have the Alan S. Fellheimers (Equibank) wishing to stave off deregulation but trapped by the competitive posture of his bank. On the other side, we have the Bob Todds (PNB) who welcome deregulation like a child in a candy store waiting anxiously for more investment opportunities in a better-than-ever environment. The banking industry seems headed for trouble with record failures and federal bailouts. Media outcries of the U.S. banking system have put a red flag on the financial industry as a whole. Instead of Pittsburgh banks running for cover, they're saying: Hogwash. Put a harness on it. (excerpt)
ISSN:0279-1382