The Bank Merger Wave: the Economic Causes and Social Consequences of Financial Consolidation The Economic Causes and Social Consequences of Financial Consolidation |
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Author:
| Dymski, Gary |
Series title: | Issues in Money, Banking, and Finance Ser. |
ISBN: | 978-0-7656-0382-1 |
Publication Date: | Jan 1999 |
Publisher: | M. E. Sharpe Incorporated
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Book Format: | Hardback |
List Price: | AUD $124.95 |
Book Description:
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The merger-mania of the 1990s has seen half of all US banks in operation at the end of the 1970 disappear. This study shows that it is not operating efficiences driving the mergers, and that consolidation may have effects contrary to consumer and non-financial businesss interests.
The merger-mania of the 1990s has seen half of all US banks in operation at the end of the 1970 disappear. This study shows that it is not operating efficiences driving the mergers, and that consolidation may have effects contrary to consumer and non-financial businesss interests.