Industry Analysis & Industry Trends
Although the industry experienced severe ups and downs during the past five years, commercial banks are set to recover in the five years to 2018. Banks endured massive loan losses as a result of the credit crisis, causing revenue to contract significantly. However, improving consumer confidence will start to help the credit market improve, allowing operators to start growing revenue... purchase to read more
Industry Report - Starting a New Business Chapter
An organization must receive prior approval from the Board of Governors of the Federal Reserve System to operate as a commercial bank in the United States. It is then subject to the supervision of and regular inspections by the Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and other federal and state regulatory agencies. Banks are restricted in their range of activities, including in acquisitions of other banks and in interstate banking activities. Furthermore, commercial banks are subject to capital and operational requirements based on risk and leverage.
Another barrier to entry is industry competition, which may deter new firms from entering... purchase to read more