The Bank Merger Wave: The Economic Causes and Social Consequences of Financial Consolidation: The Economic Causes and Social Consequences of (Issues in Money, Banking, and Finance)

The Bank Merger Wave The merger-mania of the 1990s has seen half of all US banks in operation at the end of the 1970 disappear. This study shows that it is not operating efficiences driving the mergers, and that consolidation may have effects contrary to consumer and non-financial businesss interests.