The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation by Gary Dymski

The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation by Gary Dymski

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Summary

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.

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The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation by Gary Dymski

This far-reaching study shows that operating efficiencies are not what are driving today's unrelenting bank merger mania. It suggests that bank mergers and consolidation may have effects that are contrary to consumer and non-financial business interests, such as lower rates of interest, increasing fees, and tighter credit constraints. Dymski recommends several new policies to apply to the evaluation of prospective mergers.
Gary A. Dymski
SKU Unavailable
ISBN 13 9780765603821
ISBN 10 0765603829
Title The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation
Author Gary Dymski
Condition Unavailable
Binding Type Hardback
Publisher Routledge
Year published 1999-03-31
Number of pages 304
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable