Abstract

This paper addresses the expansion of products and services offered by United States commercial banks. While this topic was originally entitled “deregulation of banking in the United States,” the term “deregulation” is a misnomer. Even as changes have been made in the regulatory requirements imposed on commercial banks, overall supervision of banking is stronger now than in the past. Nonetheless, however this topic is described, it is a vitally important one, both for today and for the future.