Creating Value in Financial Services

Autor: Praveen R. Nayyar, Michael Pinedo, Sridhar Seshadri, Edward L. Melnick
Rok vydání: 2000
Předmět:
Zdroj: Creating Value in Financial Services ISBN: 9781461370819
Creating Value in Financial Services
DOI: 10.1007/978-1-4615-4605-4_1
Popis: Financial services firms everywhere have undergone major changes over the last several decades. These firms include retail commercial banks, investment banks, insurance companies, mutual fund companies, securities brokers, and credit card companies. The decade of the nineties has witnessed a significant number of mergers among these firms worldwide. Some mergers were intended to achieve economies of scale from greater size and geographic diversity, e.g., the merger of Chase and Chemical. Some mergers were intended to establish a bridge between different financial services in the hope of creating synergies e.g., the merger of Travelers Group with Citicorp.
Databáze: OpenAIRE