TITLE

What's Next for Consolidation in Banking?

AUTHOR(S)
Soper, John C.
PUB. DATE
April 2001
SOURCE
Business Economics;Apr2001, Vol. 36 Issue 2, p39
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Repeal of many provisions of the Glass-Steagall Act and structural changes in banking imply that many banks will either consolidate with other banks or converge with non-bank financial firms. Although merger and acquisition activity has been slowed recently by low bank equity prices and changes in accounting rules, structural factors such as diversification of revenue sources and efficiency will dominate, and the pace of merger and acquisition activity is likely to increase. The emergence of globalization and megabanks will impose significant challenges to the structure and policies of financial regulation and supervision.
ACCESSION #
4549074

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics