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Banking Globalization: International Consolidation and Mergers in Banking

This paper surveys recent literature on international mergers and acquisitions in banking. We focus on three main questions. First, what are the determinants of cross-border mergers of commercial banks? Second, do cross-border mergers affect the efficiency of banks? Third, what are the risk effects of international bank mergers? We begin with a brief summary of the stylized facts, and we conclude with implications for policymakers.

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File URL: http://www.iaw.edu/RePEc/iaw/pdf/iaw_dp_38.pdf
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Paper provided by Institut für Angewandte Wirtschaftsforschung (IAW) in its series IAW Discussion Papers with number 38.

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Length: 44 pages
Date of creation: Jan 2008
Date of revision:
Handle: RePEc:iaw:iawdip:38
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