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Journal Article
The competitive effects of interstate banking
Discussion Paper
Bank mergers and industrywide structure
This study presents data on all bank mergers from 1980 to 1994, including the number, sizes, locations, and types. To place the mergers in perspective, the paper also examines industrywide data on banking structure and performance, including data on branches, ATMs, stock prices, and changes in the number of organizations over the period. ; Among other findings, the data show that (1) 1980-94 was a period of record merger activity, with more than 6,300 mergers and $1.2 trillion in acquired assets; (2) several of the largest mergers in U.S. banking history, including BankAmerica-Security ...
Journal Article
The Herfindahl-Hirschman index
Discussion Paper
A summary of merger performance studies in banking, 1980-93, and an assessment of the \"operating performance\" and \"event study\" methodologies
Mergers reached record levels in the banking industry as well as in the industrial sector in the second half of the 1980s. The general economic conditions of the period and changes in the enforcement of the antitrust laws regarding mergers may have eased the way for some combinations, but there is good reason to believe that the increased merger activity is likely to persist on its own and result in a restructuring of the industry. ; Mergers reached record levels in the banking industry as well as in the industrial sector in the second half of the 1980s. The general economic conditions of the ...
Discussion Paper
Structure-performance studies in banking: a summary and evaluation