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Like many other sectors of economy, banking industry is unevenly distributed across countries and cities. At the same time banking is notable for availability of large statistical databases that can be arranged and treated for aims of geographical and historical study. The author investigates two important cases of competition between cities: inner banking areas of the United States and Russian Federation. Quantitative analysis, embracing series of macroeconomic cycles, shows both similarities and dissimilarities between these counties.

National Banking Areas in Dynamics: Evidence from the USA and Russia, 1980s -2015