Share of Deposits by Size of Institution, 1994 to 2018
The share of U.S. deposits held by the largest financial institutions has exploded from 8 percent in 1994 to 52 percent in 2018, as these three charts show.… Read More
The share of U.S. deposits held by the largest financial institutions has exploded from 8 percent in 1994 to 52 percent in 2018, as these three charts show.… Read More
As these six graphs show, bank market share has changed dramatically between 1994 and 2018 as giant banks have come to dominate the banking sector.… Read More
In the past decades, both total bank assets and total deposits have concentrated at the giant banks, those with over $100.2 billion in assets.… Read More
In a 2016 campaign season already dominated by candidates’ pursuit of Wall Street donations, how to regulate the banking sector remains one of the most pressing issues facing the country. The Glass-Steagall Act is becoming, and should remain, a key part of the debate.… Read More
The precipitous decline in the number of community banks in recent years is a national crisis, and there’s a fierce debate underway right now about what’s to blame.… Read More
This 90-second video shows how giant banks have devoured the banking sector over the past 20 years.… Read More
When the country’s giant banks were teetering on the verge of collapse during 2008’s financial crisis, the U.S. government stepped in to bail them out. The banks were, in a phrase that has since become infamous, “Too Big To Fail.” Would the government do it again? And does the expectation that it would step in give megabanks an unfair competitive advantage over local community banks? Those are the questions at the heart of an eagerly awaited report released at the end of July by the Government Accountability Office, a nonpartisan federal department. In a conclusion that highlights the need for more regulatory action to reduce concentration in the banking system, the G.A.O. found that the answers to both questions are “yes.”… Read More
How do we change course and revive a banking system that is more local and responsive to the needs of communities?… Read More