
Bank Mergers: Current Issues and Perspectives
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Historians of our financial system will record this as an age of deregulation and bank mergers. Deregulation, a cornerstone of President Reagan''s Administration, resulted in federal and state legislation that contributed to increased competition for financial services and increased merger activity. During the 1981-1986 period, there were 2,139 mergers in banking and finance, accounting for 16 per...
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Historians of our financial system will record this as an age of deregulation and bank mergers. Deregulation, a cornerstone of President Reagan''s Administration, resulted in federal and state legislation that contributed to increased competition for financial services and increased merger activity. During the 1981-1986 period, there were 2,139 mergers in banking and finance, accounting for 16 per...
Read more