Explaining the Rising Concentration of Banking Assets in the 1990s

6 Pages Posted: 12 May 2005

See all articles by Kevin J. Stiroh

Kevin J. Stiroh

Federal Reserve Bank of New York

Jennifer Poole

University of California, San Diego (UCSD) - Department of Economics

Abstract

In recent years, the nation's largest bank holding companies have sharply increased their market share of assets. Have these institutions achieved their dominance by expanding their existing subsidiaries or by merging with other bank holding companies? A study of industry data for 1990-99 suggests that the increased market share of the largest companies is attributable almost entirely to external growth through mergers and acquisitions.

Keywords: bank consolidation

JEL Classification: G21

Suggested Citation

Stiroh, Kevin J. and Poole, Jennifer, Explaining the Rising Concentration of Banking Assets in the 1990s. Available at SSRN: https://ssrn.com/abstract=722526

Kevin J. Stiroh (Contact Author)

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States
(212) 720-6633 (Phone)
(212) 720-8363 (Fax)

Jennifer Poole

University of California, San Diego (UCSD) - Department of Economics ( email )

9500 Gilman Drive
La Jolla, CA 92093-0508
United States

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