Student, Valentin Stanciu Ph. D - In: Annals of University of Craiova - Economic Sciences Series 2 (2010) 38, pp. 10-10
In 1981, partial liberalization of the banking industry, tough competition and unstable economy, drove to major changes at Bank of America Corporation. Between 1985-1987 the bank lost 1,8 billion $ and First Interstate BankCorp threatened with hostile takeover; FED urged shareholders to...