Abstract
The process of opening up national financial services markets to foreign competition in the EC may be comparable to the movements in the United States to relax the restrictions on out-of-state entry by banks. I focus in this chapter on banking services rather than retail financial services in general, as this provides the most interesting parallel to the opening up of European financial services market. In particular, regulatory restrictions in the US prevent a similar cross-industry penetration between the insurance and banking sectors as in Europe.
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© 1993 Tobias C. Hoschka
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Hoschka, T.C. (1993). The Liberalisation of Inter-State Entry in US Banking: a comparative analysis. In: Cross-Border Entry in European Retail Financial Services. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22979-6_10
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DOI: https://doi.org/10.1007/978-1-349-22979-6_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22981-9
Online ISBN: 978-1-349-22979-6
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)