Banking in a new world order

September 11, 2001 is the defining date of a new world order. Like all individuals and commercial activities in the U.S., American banks and other domestic financial institutions were affected by the events of the terrorist attacks and by the subsequent responses of the American government and business community. Some of the effects of the attacks were immediate and fleeting. Others, however, were likely to have altered the environment of the financial services industry, particularly banking, in the U.S. for the foreseeable future. This paper is an initial consideration of these more lasting effects.