“Since September 2008 the world’s financial markets have been in turmoil. One consequence of the turmoil has been the acquisition of several large banks and other financial institutions on the brink of failure by stronger banks.
“To gain some perspective, we posted the following questions on Linkedin:
“Large banks have been acquiring small banks for years and the conversion process is relatively straight forward. Merger integration between large banks, e.g., JPMorgan Chase + Washington Mutual and Wells Fargo + Wachovia, pose challenges.
- How many large bank mergers will we see over the next two years?
- What are the risks to the banks involved, their customers and the financial markets?
“We received a number of interesting answers about the number and types of mergers. No one responded with any comments about the risks associated with these mergers. Here are three representative answers about the number of mergers:”
The post about bank mergers.
Originally posted: October 2008