Why do Banks Merge?

D. Focarelli, F. Panetta and C. Salleo

Working Papers from Banca Italia - Servizio di Studi

Abstract: The banking industry is consolidating at an accelerating pace, yet not conclusive results have emerged on the benefits of mergers and acquisitions. We analyze the Italian market, which is similar to other main European countries.

Keywords: BANKS; MERGERS (search for similar items in EconPapers)
JEL-codes: L12 L40 G34 G21 (search for similar items in EconPapers)
Date: 1999
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