| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14663 |
| DP14663 Value creating mergers – British bank consolidation, 1885-1925 | |
| Fabio Braggion; Narly Dwarkasing; Lyndon Moore | |
| 发表日期 | 2020-04-26 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The British banking sector had many small banks in the mid-nineteenth century. From around 1885 until the end of World War One there was a process of increasingly larger mergers between banks. By the end of the merger wave the English and Welsh market was highly concentrated, with only five major banks. News of a merger brought a persistent rise in the share prices of both the acquiring and the target bank (roughly 1% and 7%, respectively). Non-merging banks, especially those whose local market concentration rose as a result of the merger, saw their stock prices rise. |
| 主题 | Economic History |
| 关键词 | Great britain Banking Mergers and acquisitions |
| URL | https://cepr.org/publications/dp14663 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543579 |
| 推荐引用方式 GB/T 7714 | Fabio Braggion,Narly Dwarkasing,Lyndon Moore. DP14663 Value creating mergers – British bank consolidation, 1885-1925. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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