Bank Merger

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-March 5, 2018--Qatar central bank considering studies to evaluate three-way bank merger
The closing on Bank of NH's acquisition of Plymouth-based Community Guaranty Bancorp, on the heels of the announced merger of Newport-based Lake Sunapee Bank Group with Bar Harbor Bank-shares of Maine, indicates that the national bank merger revival has reached New Hampshire.
Notice of the proposal, affording interested persons an opportunity to submit comments, has been given in accordance with the Bank Merger Act and the Board's Rules of Procedure.
S and T said it anticipates the bank merger as well as the information technology and data processing systems conversion to be completed in the second quarter of 2015.
The UAE's last successful bank merger was the 2007 union of National Bank of Dubai and Emirates Bank to form Emirates NBD .
However, in the case of the Fleet/Boston Bank merger, Austin couldn't discuss any of these topics with the other risk manager since Fleet regulators imposed a quiet period once the deal was announced.
That is what has happened in every case in which a bank merger has happened.
This book was evidently motivated by a deep concern that many large bank mergers are anticompetitive but are routinely approved by the regulators because bank merger policy, as administered by the federal banking agencies and Department of Justice, has become irrelevant with respect to such mergers.
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.
In particular, the Board has considered the number of competitors that would remain in the banking markets, the relative share of the total deposits in insured depository institutions in the market ("market deposits") that First Farmers would control, (11) the concentration levels of market deposits and the increase in these levels as measured by the Herfindahl-Hirschman Index ("HHI") under the Department of Justice Bank Merger Competitive Review guidelines ("DOJ Bank Merger Guidelines"), (12) and other characteristics of the markets.
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.
The merger of the Bank of Taiwan, the Land Bank of Taiwan and the Central Trust of China will be Taiwan's largest bank merger and would create the world's 75th largest bank, with assets of 3.