Regulators and the Wave of Mergers in Banking

Dimitris N. Chorafas

Chapter 14 in New Regulation of the Financial Industry, 2000, pp 230-248 from Palgrave Macmillan

Abstract: Abstract There is no evidence that regulators have interfered in banking mergers, other than to push a weak, nearly insolvent bank into the arms of a strong bank to save it from bankruptcy. But in early 1998 regulators did take action to stop the merger of two giant certified public accountancy firms because this would have reduced competition in the outsourcing of financial services.

Keywords: Financial Institution; Mutual Fund; Hedge Fund; Real Estate Investment Trust; Financial Analyst (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97743-9_14

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DOI: 10.1057/9780333977439_14

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