Finance and politics in the USA: From National City Bank to Citigroup — An American bank or a world bank?
AbstractThe banking landscape in the USA has been shaped by various political and economic forces throughout the years, and the interaction between banks and the state has, in the case of Citibank, been particularly close. The role of globalization, the increased number of mergers and acquisitions in the banking sector in the USA have in the last decade clearly contributed to the blurring of frontiers between domestic and international boundaries in financial operations. Citigroup has managed to hold both a strong local consumer base and a wide international network, which is present on a number of emerging markets and even micro-finance development today. The study reveals that interactions between finance and politics have played a significant role in explaining the idiosyncrasy of the American banking landscape, but one may wonder whether finance could have, on the domestic political scene in the USA, managed to outweigh politics or rather to free itself from political considerations.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Akadémiai Kiadó, Hungary in its journal Society and Economy.
Volume (Year): 29 (2007)
Issue (Month): 3 (December)
Contact details of provider:
Web page: http://www.akkrt.hu
Postal: Akadémiai Kiadó Zrt., Prielle K. u. 21-35. Budapest, 1117, Hungary
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Andrea Pók) The email address of this maintainer does not seem to be valid anymore. Please ask Andrea Pók to update the entry or send us the correct address.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.