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Bank mergers yield no bonanza: study

Article Abstract:

According to a study in Canada, major bank mergers often are unsuccessful in producing the planned cost savings and other business benefits. The study was given to Canadian cabinet ministers just before they rejected a major financial institution merger.

Author: Tuck, Simon

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Reports, Banks (Finance)

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RBC sets up $2.3-trillion asset merger

Article Abstract:

The details on $2.3 trillion asset merger between Royal Bank of Canada and Dexia SA are examined.

Author: Stewart, Sinclair

Publisher: Bell Globemedia Interactive
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2005

Commercial Banks, Belgium, Royal Bank of Canada, Dexia Group

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Subjects list: Banking industry, Canada, Mergers, acquisitions and divestments, Company acquisition/merger

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