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Gold/Mining/Energy : Potential Bank Mergers Disapproval -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (3)7/10/1998 2:04:00 PM
From: Ming  Respond to of 4
 
Bigger necessarily better? Recent studies on U.S. banks seem to indicate otherwise. In any case, consumers always see increased fees and decreased service from the behemoths. Commercial banking, despite low rates, haven't been the best bread winner for the big five. Investment banking was. If the big five lose their retail clients to internet brokers, and their institutional clients to big wall street firms like Merril Lynch, which just scooped up Midland, then the situation willget more serious. Needless to say that the banks are on the defensive across the board, but merging two problemed entities a la Japonaise might not necessarily be the best solution.