Regarding the age of businesses, Banks and banking are among the ancient businesses in America.
Regarding the age of businesses, Banks and banking are among the ancient businesses in
America. A notable example of an old bank is the bank of New York established in the 1780s
which its recent 225 th anniversary in 2009. The bank of New York is an as relevant icon in the
U.S. banking (DeYoung, 2007). Banking in the U.S. serve two primary economic purposes; one,
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