The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation: The Economic Causes and Social Consequences of Financial Consolidation, 1st Edition (e-Book) book cover

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

The Economic Causes and Social Consequences of Financial Consolidation, 1st Edition

By Gary Dymski

Routledge

304 pages

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Paperback: 9780765603838
pub: 1999-03-31
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pub: 1999-03-31
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eBook (VitalSource) : 9781315292458
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Description

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.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069000
BUSINESS & ECONOMICS / Economics / General
LAW018000
LAW / Constitutional