The trials of megabanks
Article Abstract:
The financial services industry has seen a number of mergers, and very large banks have been affected by difficulties which have put pressure on their profits. The drive toward mergers may create banks which are not suited to the financial environment. Mergers appear to improve banks' growth prospects but larger banks do not necessarily benefit from economies of scale after a certain point. The financial services market has become increasingly disintegrated and banks may be best advised to invest in activities where they have a chance of being market leaders.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1998
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Europe's banking blues
Article Abstract:
Deutsche Bank plans to acquire Dresdner Bank, and this will lead to the creation of the largest bank in Europe. There have been several other mergers of major banks in Europe, and they have promised benefits in terms of lower costs and economies of scale. Fear has driven the deals, which have tended to be defensive due to competition from investment banks and securities houses, while retail banking has suffered from pressures on profits. There is a need to remove subsidies, relax labor market laws, and foster cross-border mergers in the industry in Europe.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2000
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Beautifying branches
Article Abstract:
Issues related to the changing functions of bank branches are examined in detail.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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