There is no evidence that regulators have interfered in banking mergers, other than to push a weak, nearly insolvent bank into the arms of a strong bank to save it from bankruptcy. But in early 1998 regulators did take action to stop the merger of two giant certified public accountancy firms because this would have reduced competition in the outsourcing of financial services.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- Regulators and the Wave of Mergers in Banking
Dimitris N. Chorafas
- Palgrave Macmillan UK