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The interstate banking and branching efficiency act of 1994: A wealth event for acquisition targets

✍ Scribed by Kenneth A. Carow; Randall A. Heron

Book ID: 117529006
Publisher: Elsevier Science
Year: 1998
Tongue: English
Weight: 156 KB
Volume: 22
Category: Article
ISSN: 0378-4266
DOI: 10.1016/s0378-4266(97)00052-6

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The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (IBBEA) removes two longstanding impediments to the efficient evolution of the U.S. financial system. The Act breaks a federal logjam on interstate banking and branching. After a one-year transition period, IBBEA effectively rep