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The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
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Independent Bank Rockland, Massachusetts: $19 7.0% $2.89 INDB 96 First BanCorp: San Juan, Puerto Rico: $18 7.0% 7.0% FBP 97 Merchants Bank Carmel, Indiana: $18 7.0% N/A N/A 98 Central Bancompany Jefferson City, Missouri: $18 7.0% $2.79 N/A 99 Independent Bank Group McKinney, Texas: $18 7.0% $2.10 IBTX 100 WesBanco: Wheeling, West Virginia: $18 ...
The financial crisis of 2007–2008 led to renewed interest in full reserve banking and sovereign money issued by a central bank. Monetary reformers point out that fractional reserve banking leads to unpayable debt, growing economic inequality, inevitable bankruptcy, and an imperative for perpetual and unsustainable economic growth. [13]
Although the period from 1837 to 1864 in the US is often referred to as the Free Banking Era, the term is a misnomer in terms of the definition of "free banking" above. Free Banking in the United States before the Civil War refers to various state banking systems based on what were called "free banking" laws at the time. These laws made it ...
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