The 12th Annual Conference on Bank Structure & Competition
Since the early 1960s, the Federal Reserve Bank of Chicago’s Conference on Bank Structure and Competition has served as a forum for academics, regulators and industry participants to debate current issues affecting the financial services industry. Each year the purpose of the conference is to continue that tradition. This retrospective on the history and evolution of the conference reviews the past four decades of conferences.
The primary motivating factor for the conference was the passage of the 1960 Bank Merger Act and the U.S. versus Philadelphia National Bank Supreme Court decision. Suddenly, bank regulatory agencies were required to consider competitive factors in addition to banking factors when evaluating bank merger applications. Each of the Federal Reserve Banks was encouraged to survey the existing literature on bank structure and develop its own research agendas on these issues.
Thursday, 05/06/76
8:00 AM
I. Innovation and Technological Change
An Analysis of EFTS Activity Levels, Costs and Structure in the United States
David A. Walker, Federal Deposit Insurance Corporation
8:30 AM
II. Issues in Financial Disclosure
Disclosure and Risk Taking by Firms
James R. Morris, University of Pennsylvania
Predicting Net Loan Losses Using Disclosed and Undisclosed Bank Data: A Comparison
David R. Graham, Board of Governors of the Federal Reserve System
David B. Humphrey, Board of Governors of the Federal Reserve System
9:30 AM
III. Selected Papers
Changes in Seller Concentration in Banking Markets
B. Frank King, Federal Reserve Bank of Atlanta
Effects of Holding Company Affiliation on De Novo Ban
Jack S. Light, Federal Reserve Bank of Chicago
Removing Deposit Interest Ceilings: An Analysis of Deposit Flows, Portfolio Response and Income Effects in Boston Cooperative Banks
Neil B. Murphy, University of Maine
Branch Banking and the Availability of Banking Services: A Cluster Analysis
William L. Seaver, Louisiana Tech University
Donald R. Fraser, Texas A&M University
Local Banking Markets, Structure and Conduct in Rural Areas
Richard W. Stolz, Federal Reserve Bank of Minnesota
12:00 PM
IV. Roundtable on Restructuring the Bank Regulatory Agencies
State Administration of Deposit Ceiling Rates
Richard C. Aspinwall, Chase Manhattan Bank
Reorganization of the Bank Supervisory Agencies
Larry R. Mote, Federal Reserve Bank of Chicago
Financial and Regulatory Reform: Perspectives and Prospects
Robert A. Eisenbeis, Board of Governors of the Federal Reserve System
1:00 PM
V. Roundtable on Financial Disclosure
Financial Disclosure
Thomas A. Sidman, Board of Governors of the Federal Reserve System
Financial Disclosure
Jack Guttentag, University of Pennsylvania
Financial Disclosure: The Commercial Bank Perspective
David Gilbert, First Pennsylvania Corporation
2:00 PM
VI. Roundtable on Expanded Thrift Institution Powers
Expanded Powers for Thrift Institutions: Superthrift vs. Superlobbyist
Edward J. Kane, Ohio State University
Expanded Powers for Thrift Institutions
H. Robert Bartell, Jr., Federal Home Loan Bank of Chicago
Issues in Expanding Thrift Institution Powers
Richard C. Aspinwall, Chase Manhattan Bank
Variable Rate Residential Mortgages: The Early Experience from California
George Kaufman, University of Oregon
3:00 PM
VII. Roundtable on Foreign Banking Competition
The Size and Growth of the U.S. Activities of Foreign Banks
Henry S. Terrell, Board of Governors of the Federal Reserve System
Regulation of Activities of Foreign Banks in the United States
Joseph G. Kvasnicka, Federal Reserve Bank of Chicago
Issues on Foreign Banking in the United States
Gary G. Gilbert, Federal Deposit Insurance Corporation
Friday, 05/07/76
8:00 AM
VIII. Research in Progress
The Tenth Review of Banking Legislation in Canada: The Changing Role of the Banks in Society
Gordon F. Boreham, University of Ottawa
Performance of Inner City Banks: Chicago as a Case Study
Kent Currie, Illinois Institute of Technology
Milton Esbitt, Illinois Institute of Technology
Norman Nicholson, Illinois Institute of Technology
Economic Research at the Office of the Comptroller of the Currency
R. R. Dince, Office of the Comptroller of the Currency
Structural Issues in the Revision of Canadian Banking Legislation
J. A. Galbraith, Sun Life Assurance Company of Canada
A. L. Guthrie, Sun Life Assurance Company of Canada
State-Imposed Limitations on Multibank Holding Company Growth
Katharine Gibson, Federal Reserve Bank of Boston
Steven J. Weiss, Massachusetts Department of Banks
Determinants of Concentration in Banking Markets
R. Alton Gilbert, Federal Reserve Bank of St. Louis
Gerald P. Dwyer, Jr., University of Chicago
Commercial Banking as a Distinct Line of Commerce
Alan E. Grunewald, Michigan State University
Identifying Failing Banks and Bank Holding Companies: A Comparison of Publicly Available Data with that from Confidential Sources
Gerald A. Hanweck, Board of Governors of the Federal Reserve System
Research in Progress at the Federal Reserve Bank of Chicago
Chayim Herzig-Marx, Federal Reserve Bank of Chicago
The Banking Crisis of 1933 — A Critical Reassessment
John J. Holland, Fordham University
Affiliated Banks and Potential Competition
Benjamin J. Klebaner, City University of New York
Evolution of the Structure of the Brazilian Banking System: 1966–74
Antonio Chagas Meirelles, Brazilian Ministry of Finance
Research at the Federal Reserve Bank of New York
Richard W. Nelson, Federal Reserve Bank of New York
Banking Structure Regulations: A Location Theory Approach
Andrew J. Policano, University of Iowa
Quantitative Differences in Rural Bank Performance Associated with Holding Company Ownership
Alan K. Reichert, Indiana University at Fort Wayne
David E. Hahn, Ohio State University
Warren F. Lee, Ohio State University
Research in Progress at the Federal Reserve Bank of Atlanta
Joe Rossman, Federal Reserve Bank of Atlanta
The Compositional Impact of the Bank Holding Company Sector
Peter S. Rose, Texas A&M University
William L. Scott, University of Texas at San Antonio
Aggregate Concentration and the Bank Holding Company Movement
Steven A. Seelig, Fordham University
The Impact of Commercial Banks on Savings and Loan Markets
Lewis J. Spellman, University of Texas at Austin
A Probabilistic Approach for the Development of Improved Techniques for Early Warning
David Stuhr, Rutgers University and Federal Reserve Bank of New York
Research in Progress at the Board of Governors of the Federal Reserve System
Donald P. Tucker, Board of Governors of the Federal Reserve System
Loan Classification, Loan Loss and Recovery, Adequacy of Bank Bad Debt Reserve and Capital and SEC Disclosure Requirements Related to Banks: A Progress Report
Hsiu-Kwang Wu, University of Alabama
Gibrat's Law and the Size Distribution of North Carolina Banks
William P. Yohe, Duke University
Robert L. Schweitzer, University of North Carolina at Chapel Hill
