Bank Deregulation and Acquisition Activity: The Cases of the US, Italy and Germany
Journal of Financial Regulation and Compliance, Vol. 15, No. 2, pp. 199-209, 2007
Posted: 20 May 2007 Last revised: 27 Jul 2009
Bank regulators across the world have recently lifted restrictions on where banks can operate and what type of activities they can perform. Following the deregulation of the sector, bank mergers and acquisitions have grown substantially. The purpose of this paper is to outline bank deregulation and acquisition activity, focusing on the USA, Italy and Germany. The paper looks at how changes in the regulatory regime of the USA, Italy and Germany have spurred bank merger activities. For each country, future polices that bank supervisors may adopt in order to benefit from a more integrated financial sector are also critically discussed.
Keywords: Acquisitions and mergers, Banks, Germany, Italy, United States of America
JEL Classification: G21, G34
Suggested Citation: Suggested Citation