Included among leading structural trends in the U.S.banking industry in recent years are:
A)the number of independently owned banks has declined.
B)the average size of individual banking firms has increased.
C)entry across state lines from neighboring states has increased.
D)the mergers among some of the largest banks in the industry.
E)All of the options are correct.

Question

Quizplus · Accepted Answer

All of the options are correct. The U.S. banking industry has experienced a decline in independently owned banks, an increase in the average size of individual banking firms, increased entry across state lines from neighboring states, and numerous mergers among some of the largest banks in the industry. These trends have resulted in a more concentrated and consolidated banking industry with fewer but larger players.

Included Among Leading Structural Trends in the U