The brave new world of the mega-bank.(Economy in Review): An article from: Dollars & Sense

This digital document is an article from Dollars & Sense, published by Economic Affairs Bureau on January 1, 1996. The length of the article is 2911 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Mergers of big banks such as Chase Manhattan Bank and Chemical Bank followed after First Union and First Fidelity, NDB and First Chicago, Fleet and Shawmut and PNC and Midlantic. These mergers are causing anxiety among investors since they may destabilize the banking industry and increase costs which would redound to taxpayers. About 12,000 employees will be laid off and hundreds of branches will be closed. Women from the lower-income bracket and minorities are likely to be laid off.

Citation Details
Title: The brave new world of the mega-bank.(Economy in Review)
Author: Chris Bohner
Publication:Dollars & Sense (Newsletter)
Date: January 1, 1996
Publisher: Economic Affairs Bureau
Issue: n203 Page: p8(5)

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