Bank Mergers & Acquisitions

1. Front Matter

   Pages i-xxi

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2. Part One

   1. Front Matter

      Pages 1-1

      PDF

   2. Bank consolidation: A central banker’s perspective

      • Frederic S. Mishkin

      Pages 3-19

   3. Global patterns of mergers and acquisition activity in the financial service industry

      • Roy C. Smith, Ingo Walter

      Pages 21-36

   4. Twin information revolutions and the future of financial intermediation

      • William R. Emmons, Stuart I. Greenbaum

      Pages 37-56

3. Part Two

   1. Front Matter

      Pages 57-57

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   2. The value effects of bank mergers and acquisitions

      • Steven J. Piloff, Anthony M. Santomero

      Pages 59-78

   3. The efficiency effects of bank mergers and acquisition: A preliminary look at the 1990s data

      • Allen N. Berger

      Pages 79-111

   4. Consolidation in U.S. banking: Implications for efficiency and risk

      • John H. Boyd, Stanley L. Graham

      Pages 113-135

   5. The effect of bank ownership changes on subsidiary-level earnings

      • Sandra L. Chamberlain

      Pages 137-172

4. Part Three

   1. Front Matter

      Pages 173-173

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   2. Bank mergers and American bank competitiveness

      • Jonathan R. Macey, Geoffrey P. Miller

      Pages 175-190

   3. Consolidation in the banking industry: An antitrust perspective

      • Anthony V. Nanni

      Pages 191-206

   4. Reassessing risk-based capital in the 1990s: Encouraging consolidation and productivity

      • John C. Coates IV

      Pages 207-220

   5. The consolidation of the banking industry and small business lending

      • Gregory F. Udell

      Pages 221-235

As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors.
Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.

• Acquisition
• Bank
• Banking Industry
• Finance
• Investment
• Mergers & Acquisitions
• banking
• financial markets
• mergers

• New York, USA

  Yakov Amihud, Geoffrey Miller

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