Journal of Banking & Finance Vol. 23 No. 2-4 1999
Bank mergers: What’s a policymaker to do?
Abstract
This paper addresses the question of appropriate policy prescription in face of rapid consolidation of the financial service sector both in the US and globally. Regulators must act even as the legislation that is in place offers little guidance on how they should proceed in this broader financial market. Appropriate action can only come from a proper analysis of the current situation. The context must be understood, the causes of this merger wave must be evaluated, and the implications on both market structure and customer service must be considered. Only then can the implications for optimal or even reasonable policy be outlined. The prescription must fit the situation. These remarks will review these topics in an effort to answer the question, “What’s a policymaker to do?”
- DOI
- 10.1016/s0378-4266(98)00099-5
- Volume
- 23
- Issue
- 2-4
- Pages
- 637-643
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref