Exactly what is a merger?
Answer to relevant QuestionsWhy are there so many mergers each year in the financial-services industries?What steps that management can take appear to contribute to the success of a merger? Why do you think many mergers produce disappointing results?The city of Dryden is served by three banks, which recently reported deposits of $250 million, $200 million, and $45 million, respectively. Calculate the Herfindahl index for the Dryden market area. If the second and third ...Describe the principal customer services supplied by international banks serving foreign markets.Are banking and commerce—financial and nonfinancial firms—on a collision course for the future? What challenges do companies like Wal-Mart pose for small community banks? For the largest financial firms? For regulation? ...
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