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More on Banks and Banking

Harold Linh Cole

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Abstract

This chapter lays out the development and history of banking in the United States. It lays out the Diamond-Dybvig model of baning and explains how bank runs can arise. It closes by discussing various recent trends in banking and how they relate to investment banks and securitization

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This chapter lays out the development and history of banking in the United States. It lays out the Diamond-Dybvig model of baning and explains how bank runs can arise. It closes by discussing various recent trends in banking and how they relate to investment banks and securitization

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Available abstract

This chapter lays out the development and history of banking in the United States. It lays out the Diamond-Dybvig model of baning and explains how bank runs can arise. It closes by discussing various recent trends in banking and how they relate to investment banks and securitization

Key concepts: Securitization, Investment banking, Financial system, Business, Commercial banking, Investment (military), Economics, Political science

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