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Bank Cross-Border Merger and Acquisitions (Causes, consequences and recent trends)

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Author Info
Pozzolo, Alberto Franco ()

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Abstract

In the past fifteen years, cross-border mergers and acquisitions have had an ever increasing role in the process of bank internationalization. Although a consensus view has developed on the determinants of a bank’s decision to expand abroad and on the determinants of the patterns of expansion, the debate on the consequences of foreign bank presence is still open. The aim of this chapter is twofold. Firstly, it discusses the major results of the empirical literature studying the determinants, the patterns, and the consequences of bank foreign expansion. Secondly, it studies whether the determinants of bank foreign expansions have changed through time, estimating an econometric model of the patterns of cross-border bank M&As between 1990 and 2006.

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Paper provided by University of Molise, Dept. SEGeS in its series Economics & Statistics Discussion Papers with number esdp08048.

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Length: 38 pages
Date of creation: 13 Oct 2008
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Handle: RePEc:mol:ecsdps:esdp08048

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Keywords: international banking; foreign direct investment;

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Find related papers by JEL classification:
E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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