IDEAS home Printed from https://ideas.repec.org/p/fip/r00034/101489.html
   My bibliography  Save this paper

The Bank Merger Wave: Causes and Consequences

Author

Listed:
  • Alfred Broaddus

Abstract

I'm delighted to be here today to talk with you about the wave of bank mergers that is sweeping across our country-our hometown included. While Richmond had experienced some sizable ripples earlier, as we all know, the really big wave last year and earlier this year left very few local institutions in its wake. Many Richmonders are still adjusting to the loss of their banks and to the new, North Carolina-based, financial landscape. Residents of other U.S. cities—including large, proud cities like Philadelphia and San Francisco—are experiencing similar adjustments and emotions due to bank consolidations.

Suggested Citation

  • Alfred Broaddus, 1998. "The Bank Merger Wave: Causes and Consequences," Speech 101489, Federal Reserve Bank of Richmond.
    • Handle: RePEc:fip:r00034:101489
    as

    Download full text from publisher

    File URL: https://www.richmondfed.org/press_room/speeches/j_alfred_broaddus/1998/broaddus_speech_19980917
    File Function: Speech
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:r00034:101489. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Matt Myers (email available below). General contact details of provider: https://edirc.repec.org/data/frbrius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.