Tag: banking

According to the World Bank’s 2017 first quarter report, South Africa has the largest economy in Africa and ranks 32nd in the world in terms of Gross Domestic Product (GDP). Previous economic disasters, such as the global financial crisis of 2008, the insolvency of all Cyprus banks in 2013,...

This study looks at the wealth impact of diversification on banking mergers and acquisitions in the United States. The abnormal returns of each party around the merger announcements are examined after 2,148 domestic US banking M&As announced between 1985 and 2006 are listed based on geographic and operation diversification....