The 14th 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.


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04/12/82
12:00 AM
I. Deregulation of the Financial Sector
Implications of Deregulation for Product Lines and Geographical Markets of Financial Institutions
George Kaufman, Loyola University of Chicago and Federal Reserve Bank of Chicago
Larry R Mote, Federal Reserve Bank of Chicago
Harvey Rosenblum, Federal Reserve Bank of Chicago
12:00 AM
II. The Future Competitive Environment: Strategic Planning for the 1990s
The Future Competitive Environment: Strategic Planning for the 1990s
Sanford Rose, American Banker
The Future of Banking: A Community Banker's Perspective
Lee E Gunderson, Bank of Osceola
The Future of Banking: A National Market and Its Implications
Alex J Pollock, Continental Illinois National Bank and Trust Company
Planning for the 1990s from the Perspective of a Large, Diversified Financial Services Company
Herbert M Allison, Merrill Lynch, Pierce, Fenner & Smith
What a Savings and Loan Can Learn from General George Armstrong Custer
Glenn Hansen, First Federal Savings and Loan Association
Bank Structure and Competition: A General Perspective
Vergil V Miller, American General Capital Companies
12:00 AM
III. Deregulation of Product Lines and Geographic Markets
The Impact of the Financial Center Development Act
Donald Puglisi, University of Delaware
Robert Schweitzer, University of Delaware
Activities of International Banking Facilities: The Early Experience
Sydney Key, Board of Governors of the Federal Reserve System
Risk, Economic Activity and Deposit Insurance
Paul Burik, Board of Governors of the Federal Reserve System
Commercial Bank Market Share of the Financial Services Industry: A Value Added Approach
Robert Edmister, University of Maryland
12:00 AM
IV. Impact of Deregulation on Community Banks
Impact of Deregulation on Community Banks
Richard Francis, Kelly, Francis, Galbraith & Lindahl
High Performance Patterns among U.S. Community Banks
Curtis E Skinner, Northern Trust Company
Satisfying the Needs of Consumers and Small Business in a Deregulated Environment
Charlotte Scott, University of Virginia
A Community Banker's View of Deregulation
O J Tomson, The Citizens National Bank of Charles City, Iowa
12:00 AM
V. Impact of Financial Deregulation on Small Business: Survey Results and Implications
The Impact of the Bank Regulatory Environment on Small Business Financing
Cynthia Glassman, Board of Governors of the Federal Reserve System
A Sixth District Survey of Small Business Credit: Empirical Evidence on the "Line of Commerce" Controversy
David Whitehead, Federal Reserve Bank of Atlanta
Impact of Financial Deregulation on Small Business: Evidence from April 1980
Lewis Mandell, University of Connecticut
Peter L Struck, Office of the Comptroller of the Currency
Bank Structure and Small Business Loan Markets
William Dunkelberg, Purdue University
John Scott, Edwin L. Cox School of Business
The Financing Problems of Small Business: Survey and Research Design
Helen Mohrmann, Council for Northeast Economic Action
James M Howell, First National Bank of Boston
12:00 AM
VI. Deregulation
A Non-Structural Test of Competition in Financial Services
Sherrill Shaffer, Federal Reserve Bank of New York
Economies of Scale in Correspondent Banking
R Alton Gilbert, Federal Reserve Bank of St. Louis
Multiproduct Cost Structures in Commercial Banking
Thomas W Gilligan, Washington University
Michael Smirlock, University of Pennsylvania, The Wharton School of Business
William Marshall, Washington University
12:00 AM
VII. Interest Rate Risk
S&Ls and Interest Rate Reregulation: The FSLIC as an In-Place Bailout Program
Edward J Kane, Ohio State University
Interest Rate Risk in Financial Intermediaries: Prospect for Immunization
Charles Haley, University of Washington
Immunization of Interest Rate Risk for Financial Institutions
Gerald O Bierwag, University of Arizona
Alden L Toevs, University of Oregon
Bank Immunization with Interest Rate Futures
Robert Kolb, Emory University
Gerald D Gay, Georgia State University
Variability of Commercial Bank Income: The Reduction of Risk through Variations in Debt Financing
Paul Cretien, University of Colorado
Kenneth Boles, University of Colorado
The Response of the Banking System to Unanticipated Inflation: A Cross-Country Comparison
Laurie Goodman, Federal Reserve Bank of New York
12:00 AM
VIII. Managing Interest Rate Risk: Theory and Evidence
Comparing Effective Yields of Fixed Rate Mortgages and Adjustable Rate Mortgage Loans
Catherine Baird, Federal Home Loan Bank of San Francisco
Arden Hall, Federal Home Loan Bank of San Francisco
Hedging with Financial Futures
Jess B Yawitz, Washington University
Bank Portfolio Management: The Role of Financial Futures
Dwight Grant, Southern Methodist University
George Hempel, Southern Methodist University
12:00 AM
IX. Measuring and Monitoring Interest Rate Risk
Managing Interest Rate Risk: The Basic Concepts
Richard Aspinwall, Chase Manhattan Bank
Monitoring and Measuring Interest Rate Risks
Mark Biderman, Oppenheimer and Company, Inc.
Measuring and Monitoring Interest Rate Risk: A Regulator's Viewpoint
Robert R Klinzing, Office of the Comptroller of the Currency
Ronald A Lindhart, Office of the Comptroller of the Currency
Interest Rate Risk Management: Maximizing Earnings at Minimum Risk
James Kurt Dew, Chicago Mercantile Exchange
12:00 AM
X. The Effectiveness of Financial Futures: Users' Experience
The Effectiveness of Financial Futures: Continental Bank's Experience
Paul Boltz, Continental Illinois National Bank and Trust Company
The Effectiveness of Financial Futures: Chemical Bank's Experience
Jeffrey Leeds, Chemical Bank
12:00 AM
XI. Research in Progress
The Impact of Market Interest Rates on Intermediary Stock Prices
Mark Flannery, University of Pennsylvania
Christopher M James, University of Oregon
NOW Accounts: Analysis of a Survey and Implications of Recent Bank Experience
Peter Rose, Texas A&M University
James W Kolari, Texas A&M University
A Research Note on the Utilization of Formal Financial Techniques by Domestic Corporations
Alan K Reichert, Indiana University–Purdue University at Fort Wayne
James S Moore, Federal Reserve Bank of Chicago

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A Brief History of the Conference


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.


Back To Top