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.
References in periodicals archive ?
Global Banking News-July 23, 2015--Philippine central bank encouraging more rural bank mergers
Beijing, Oct 15 (ANI): Taiwan's former leader Chen Shui-bian has been given an 18-year prison term for taking bribes in bank mergers.
Summary: Ownership restrictions and valuation issues are holding up bank mergers in the GCC, even as consolidation is seen as advantageous.
The authors argue that bank mergers should be carefully regulated to prevent economic deterioration of the affected neighborhoods.
Bank mergers, business deals and integration proceed apace, and the macroeconomic data suggests that the marriage of the two countries--despite continuing rows over drugs, immigration and cultural slights to spare--is binding and beneficial.
The DOJ has stated that the higher than normal HHI thresholds for screening bank mergers and acquisitions for anticompetitive effects implicitly recognize the competitive effects of limited-purpose and other nondepository financial entities.
In fact, bank mergers resulted in several large office sales in the market during the third quarter of 2004, a trend that is continuing into 2005.
15 /PRNewswire/ -- ICBA warned today that large bank mergers such as the recently announced JPMorgan/Bank One and BofA/Fleet mergers are radically changing the industry and are challenging the ability of the regulatory system to effectively regulate banks.
html, there is a consultation paper, Response of the Government to Commons and Senate Committee Report on Bank Mergers and the Public Interest, plus instructions on how to respond.
However, in order to see "merger mania" the way we did in the '90s when the economy was red-hot, the stock market would have to pick up, as most bank mergers are stock swap transactions where the acquirer uses its stock as currency to purchase the acquisition target.
The insurer last year was thwarted in its efforts to gain bank distribution by positioning itself in two bank mergers that ultimately failed.
Lai, speaking after a meeting of finance and economic officials, said the Finance Ministry will make concrete proposals for bank mergers ''as quickly as possible'' after the bank merger law has been adopted by the legislature.