Is the Bank Merger Wave of the 1990s Efficient?: Lessons from Nine Case Studies, Studies on Financial Market Deregulation (Aei Studies on Financial Market Deregulation)

This book discusses banking, insurance, and securities regulation, as well as issues in consumer finance and electronic commerce.

In a new era of deregulation, the US banking system is undergoing dramatic consolidation. The authors use detailed case studies to determine the motivation for bank mergers, assess the advertised gains in efficiency and services, and resolve inconsistencies between econometric studies and comparisons of performance in different US states and different countries. A...