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Banking Globalization: International Consolidation and Mergers in Banking

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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
Handle: RePEc:iaw:iawdip:38
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