,300 mergers that took place between 1978 and 2001 to analyse the determinants of international bank mergers. We test the extent to … regulated environments are less likely to be the targets of international bank mergers. Hence, the lifting of regulations can … spur growth in cross-border bank mergers. Also, mergers tend to be less frequent if information costs are high. …

have had a marked impact on the banking sector globally. The CGFS Working Group examined trends in bank business models … be clear evidence of a systemic retrenchment from core credit provision. Second, bank return on equity has declined …