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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Bosco who wrote (9233)9/5/1999 2:59:00 PM
From: Ron Bower  Read Replies (1) | Respond to of 9980
 
Bosco,

Heard an interesting analyst comment - If the banks make necessary reforms and remove the policies that have caused the problems, if they spend on needed technology, the merger will be a good one. If they do not, and it will be difficult for them to make the needed changes, the merger will be three banks with problems creating a 'big' bank with major problems.

The analyst estimated two years to tell which direction the unified bank will go, but he wasn't optimistic.

Ron