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effect of bank merger events on local bank wage. The positive effectincreases for in-market or high synergy mergers, and …. The result is robust to controlling for the endogeneity of the bank merger events and the effect of local economic …The paper investigates the impact of merger and acquisition (M&A) on local labor market. We find a positive spillover …
Persistent link: https://www.econbiz.de/10013212335
Although bank mergers have been a topic of ongoing research in the USA, particularly in view of reforms instituted by … European bank mergers is thin. A key question is whether the changes in the banking industry are applicable worldwide or … previous studies. In contrast to previous findings, findings here are more consistent with those of US bank mergers, leading to …
Persistent link: https://www.econbiz.de/10013147117
We provide the first comprehensive examination of the impact of the advisory services provided by boutique banks on acquirer returns in U.S. Mergers and Acquisitions (M&As). We show that the autonomy and expertise of boutique banks help acquirers realize significant gains in informationally...
Persistent link: https://www.econbiz.de/10013244213
consistent with rising merger synergies that have become less bidder-specific …
Persistent link: https://www.econbiz.de/10012104582
objective of this paper is to analyze financial performance of ICICI bank pre and post-merger. Financial performance has been … significant benefit has been achieved by ICICI Bank after the merger. Analysis also shows that there is significant improvement in …. One major aspect of such strategies is Merger and Acquisition, commonly known as M&A, widely used by the organizations …
Persistent link: https://www.econbiz.de/10012915729
We study fintech mergers and acquisitions (M&As) by U.S. public acquirers, including banks, nonbank financial institutions, and tech companies. In an event study, the short-term market reaction to fintech M&As is negative for acquiring banks and insignificant for other types of acquirers....
Persistent link: https://www.econbiz.de/10014235925
How does the difference in financing influence the M&As’ effects on businesses in the banking industry? Case study method is applied to evaluate two deals, which are BB&T & SunTrust and KeyCorp & First Niagara Financial Group (one all-equity financed and one cash & equity financed). It is...
Persistent link: https://www.econbiz.de/10014254530
reactions to the industry peers in the short term and FinTech merger waves in the long term …
Persistent link: https://www.econbiz.de/10013301485
We study the effect of bank merger deregulation on market structure and wages in the banking industry. We show that … state deregulation of bank mergers and acquisitions increased the market share of large, multi-state banks and lowered wages … for bank workers by up to 8 percentage points, with wage reductions occurring uniformly across the wage distribution …
Persistent link: https://www.econbiz.de/10013403901
. This can be achieved through Cost Reduction and Increasing Revenue. Merger and acquisition emerge as a reality. Bank … India is pursuing the policy of amalgamating public-sector bank. On 1 April 2019, the merger of Vijaya Bank and Dena Bank … with the Bank of Baroda came into effect. After the merger, Bank of Baroda became the third largest bank and second largest …
Persistent link: https://www.econbiz.de/10013307097