There has recently been a wave of mergers between banks such
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There has recently been a wave of mergers between banks such as JP Morgan and Washington Mutual, Wells Fargo and Wachovia, etc. What difficulties do you think the acquiring banks will face in the next few years trying to make these mergers work?
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There has recently been a wave of mergers between banks such as JP Morgan and Washington Mutual, Wells Fargo and Wachovia, etc. What difficulties do you think the acquiring banks will face in the next few years trying to make these mergers work?
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I think it's going to create one big mess. We have seen many banks merge in the past few years, and we have also seen many banks fail after they merge. One of the main reasons that a bank merges with another bank is because the other bank is struggling, and may be forced to drastically cut their operations, or shut down. As an alternative, the bank accepts an offer to merge from ...
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