[PDF] The Employment Impact Of Mergers And Acquisition In The Banking And Financial Services Sector eBook

Author : Ingo Walter
Publisher : Oxford University Press
Page : 318 pages
File Size : 13,14 MB
Release : 2004-01-29
Category : Business & Economics
ISBN : 019803606X

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This book is intended to lay out, in a clear and intuitive as well as comprehensive way, what we know - or think we know - about mergers and acquisitions in the financial services sector. It evaluates their underlying drivers, factual evidence as to whether or not the basic economic concepts and strategic precepts are correct. It looks closely at the managerial dimensions in terms of the efficacy of merger implementation, notably the merger integration process. The focus is on enhancing shareholder value creation and the execution of strategies for the successful management of mergers. It also has a strong public-policy component in this "special" industry where successes can pay dividends and failures can cause serious problems that reach well beyond the financial services industry itself. The financial services sector is about halfway through one of the most dramatic periods of restructuring ever undergone by a major global industry. The impact of the restructuring has carried well beyond shareholders of the firms and involved into the domain of regulation and public policy as well as global competitive performance and economic growth. Financial services are a center of gravity of economic restructuring activity. M&A transactions in the financial sector comprise a surprisingly large share of the value of merger activity worldwide -- including only deals valued in excess of $100 million, during the period 1985-2000 there were approximately 233,700 M&A transactions worldwide in all industries, for a total volume of $15.8 trillion. Of this total, there were 166,200 mergers in the financial services industry (49.7%), valued at $8.5 trillion (54%). In all of restructuring frenzy, the financial sector has probably had far more than its share of strategic transactions that have failed or performed far below potential because of mistakes in basic strategy or mistakes in post-merger integration. It has also had its share of rousing successes. This book considers the key managerial issues, focusing on M&A transactions as a key tool of business strategy - "doing the right thing" to augment shareholder value. But in addition, the degree of integration required and the historic development of integration capabilities on the part of the acquiring firm, disruptions in human resources and firm leadership, cultural issues, timeliness of decision-making and interface management have co-equal importance - "doing it right."

Author :
Publisher :
Page : 78 pages
File Size : 36,61 MB
Release : 2001
Category : Bank employees
ISBN :

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Draws conclusions regarding the impact of mergers and acquisition in relation to employment, working and employment conditions, training and social dialogue and provides the text of draft resolutions adopted by the Meeting.

Author : Rami Saleh
Publisher : GRIN Verlag
Page : 97 pages
File Size : 46,47 MB
Release : 2013-05-08
Category : Business & Economics
ISBN : 3656426880

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Doctoral Thesis / Dissertation from the year 2009 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , language: English, abstract: A study of the impact of mergers and acquisitions on the economic profitability among Banks in Lebanon

Author : Yakov Amihud
Publisher : Springer Science & Business Media
Page : 249 pages
File Size : 50,34 MB
Release : 2013-04-17
Category : Business & Economics
ISBN : 1475727992

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As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.

Author : Jayshree Bose
Publisher :
Page : 380 pages
File Size : 35,41 MB
Release : 2006
Category : Bank mergers
ISBN :

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This book attempts to exercise a rare restraint in two very crucial and controversial areas of global bank mergers by blindly extolling the virtues of mega bank mergers and the ceaseless flow of economies of scale it supposedly brings; and to resist the t

Author : Gary Dymski
Publisher : Routledge
Page : 356 pages
File Size : 49,24 MB
Release : 2016-09-16
Category : Business & Economics
ISBN : 1315292432

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This far-reaching study shows that operating efficiencies are not what are driving today's unrelenting bank merger mania. It suggests that bank mergers and consolidation may have effects that are contrary to consumer and non-financial business interests, such as lower rates of interest, increasing fees, and tighter credit constraints. Dymski recommends several new policies to apply to the evaluation of prospective mergers.

Author :
Publisher : Internatinal Labour Office
Page : 82 pages
File Size : 49,8 MB
Release : 2003
Category : Business & Economics
ISBN :

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This is a report about the effects of mergers and acquisitions in the retail and wholesale industry. It looks at the reasons for the trend for increasing consolidation, the extent this varies from region to region and the employment effects. It seems, that unlike other sectors, mergers and acquisitions in commerce have not led to a fall in employment and there have been no great changes in the conditions of employment.