Bank consolidation is a global phenomenon. It may enhance the value of firms in the industry if, for example, it is … scale economies as a driver of bank consolidation, but it also suggests that the benefits of asset acquisitions are not … bank holding companies in the U.S., we find strong evidence of managerial entrenchment that influences how asset …

from the consolidation exercise and data from the Central Bank of Nigeria (CBN). The research denotes year 2003 to 2005 as … the pre-consolidation and 2006 to 2008 as post-consolidation periods for our analysis. Data used for the work were … concluded that consolidation exercise through mergers and acquisitions has not improved the profitability performances of banks …