The future structure of the U.S.banking industry is likely to be characterized by many more smaller banks,as customers demand neighborhood banks operated by people they know personally.

Question

Quizplus · Accepted Answer

This statement is not necessarily true. The banking industry in the U.S. may continue to be dominated by larger banks, as mergers and acquisitions continue to shape the industry. Additionally, online banking and mobile banking may continue to grow in popularity, reducing the demand for physical neighborhood banks.

The Future Structure of the U