Current Issues in Economics and Finance
Consolidation and Competition in Second District Banking Markets
July 1996 Volume 2 Number 8
JEL classification: G2

Authors: Jith Jayaratne and Christine Hall

The consolidation rate in the Federal Reserve's Second District banking markets generally outpaced the national average between 1989 and 1994. Nevertheless, these banking markets remain relatively unconcentrated, with midsized banks increasing their market share at the expense of large banks.

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