Consolidation and performance in the EU banking industry

H.N. Urio, Sailesh Tanna

    Research output: Chapter in Book/Report/Conference proceedingChapter

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    Abstract

    This chapter reviews the literature associated with the recent wave of bank mergers and acquisitions in Europe and analyses the evidence with regard to shareholder wealth creation and efficiency. The review provides an understanding of the main motives associated with bank mergers and acquisitions, addresses the main issues driving shareholder wealth creation, discusses the key developments and barriers associated with banking sector consolidation, and highlights the importance of cross-border consolidation in Europe. The literature is reviewed in conjunction with developments in US banking sector consolidation to provide a comparative account of what has occurred over the past twenty years or so.
    Original languageEnglish
    Title of host publicationFinancial Services: Efficiency and Risk Management
    EditorsMeryem Duygun Fethi, Chrysovalantis Gaganis, Fotios Pasiouras, Constantin Zopounidis
    Place of PublicationHauppauge, NY
    PublisherNova
    Pages1-40
    ISBN (Print)9781621005605
    Publication statusPublished - 2012

    Keywords

    • banks
    • mergers
    • acquisitions
    • consolidation
    • shareholders

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  • Cite this

    Urio, H. N., & Tanna, S. (2012). Consolidation and performance in the EU banking industry. In M. D. Fethi, C. Gaganis, F. Pasiouras, & C. Zopounidis (Eds.), Financial Services: Efficiency and Risk Management (pp. 1-40). Hauppauge, NY: Nova.