| Description |
xv, 217 pages : illustrations ; 24 cm |
| Bibliography |
Includes bibliographical references (pages 209-210) and index. |
| Contents |
1. Introduction -- Banks in the 1980s: A Near Death Experience? -- The Merger Movement and Structural Change -- Competition and Merger Policy in Banking -- The Uncertain Future: Promise and Peril -- 2. Banking and Government in the Early Days of Banking -- A Brief History of Banking in Western Europe -- Sovereign Loans, Public Finance, and Bank Failure -- The Search for Stability -- Symbiosis and Competition Policy -- App. Early Scottish Banking -- 3. Early Competition Policies in the United States -- The Colonial Perspective -- First Policies and Competitive Restraints -- The American Banking Model: Benefits, Costs, and Perennial Issues -- Competitive Issues in Changing Regimes -- Banking Structure and Competition in the Mid-Twentieth Century -- 4. Banking and Antitrust -- Beginnings of Antitrust Enforcement in Banking -- The Bank Holding Company and Merger Acts -- Integration of Banking Policy and Antitrust -- Early Enforcement and the Evolution of Policy -- Other Elements of Competition Policy -- App. Herfindahl-Hirschman Index (HHI): Illustrative Computations -- 5. Why Banks Merge -- Economic Conditions -- Enabling Factors -- Motivations -- Empirical Analysis of Merger Motives -- App. Bank Consolidation in Europe -- 6. The Economics of Structural Reorganization -- Mergers and Structural Change -- Mergers and Bank Efficiency -- Mergers, Diversification, and Risk -- Price Effects of Mergers -- Analysis of the Anomaly -- Preliminary Implications for Merger Policy -- App. Bank Structure Projections -- 7. Toward a New Competition Policy for Banking -- A Recapitulation of Current Bank Merger Policy -- The Deficiencies of Bank Merger Policy -- The Presence of the Past: A Framework for Analysis -- Proposals for Change -- 8. Summary and Conclusions. |
| Provenance |
Gift of Dr. Bernard Shull |
| Subject |
Bank mergers -- United States.
|
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Bank mergers. |
|
United States. |
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Bank mergers -- Europe.
|
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Europe. |
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Banks and banking -- Deregulation -- United States.
|
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Banks and banking -- Deregulation. |
|
Banks and banking. |
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Banks and banking -- Deregulation -- Europe.
|
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Westeuropa. |
| Added Author |
Hanweck, Gerald A.
|
| ISBN |
1567203795 (alkaline paper) |
|
9781567203790 (alkaline paper) |
|
