Bank Merger

(redirected from Bank mergers)

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-September 6, 2017--Former central bank head questions timing of Indian bank mergers
Last year brought a wave of bank mergers around the country, up 58 percent from the previous year, according to Reuters.
9) In reviewing past proposals, the Board has also considered whether the banking organizations became affiliated prior to 1950, when the Clayton Antitrust Act was first extended to 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.
In a statement made to clarify confusion on bank mergers and acquisitions, the Indian finance minister, Pranab Mukherjee, has said that the central bank of India has the final say in deciding upon mergers and acquisitions.
After the call for bank mergers was rejected in 1998, the banks did not wither and die, and the financial-services sector did not stagnate.
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.
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.
The Commission said it will analyse the power of national regulators to block cross-border bank mergers, including a review the EU's Banking Directive that allows them to block mergers on prudential grounds since such actions can shield political motives.
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.