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Bank Merger

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Bank Merger
A situation in which two banks pool their assets and liabilities to become one bank. Because this can have a significant impact on the financial industry, the Federal Reserve subjects mergers involving bank holding companies to more intensive regulation. See also: Too Big to Fail.


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The reason why the EIB/Dubai Bank merger is only the second of Gulf bank mergers could be a result of the presence of legislative obstacles and bureaucracy.
On the basis of the information before the Board, the Board finds that it must act immediately pursuant to the Bank Merger Act (3) to safeguard the depositors of Westernbank.
Power and Associates 2009 Bank Mergers and Acquisitions Report.
 
 
 
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