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VALUE: After Hours (S08 E08): Why the U.S. Has Thousands of Banks | The Acquirer's Multiple®
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VALUE: After Hours (S08 E08): Why the U.S. Has Thousands of Banks | The Acquirer's Multiple®
During their recent episode, Taylor, Carlisle, and Derek Pilecki discussed Why the U.S. Has Thousands of Banks. Here’s an excerpt from the episode: [Derek] Yeah, I think it’s a artefact of the interstate branching laws. Like you couldn’t open up banks across state lines and even in like in Texas, you couldn’t open up a bank branch across county lines. And so every little geography had its own bank. And so, you know, those interstate branching la…
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