Mergers favour banks

August 17, 2007

Mergers between banks and building societies help the financial institutions involved but not their customers, a study by the Centre for Competition Policy at the University of East Anglia has found.

Mergers produced efficiencies for most participating institutions but interest rates for most customers remained unchanged, John Ashton and Khac Pham said after examining 61 UK bank mergers that took place between 1988 and 2004.

Please login or register to read this article

Register to continue

Get a month's unlimited access to THE content online. Just register and complete your career summary.

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments

Have your say

Log in or register to post comments