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Sizing Up: BNP Joins Bank Quest For Bigness, but It Is No Industry Cure-All

Number 20018
Subject Banking
Source Wall Street Journal (New York)
State NY
Year 1999
Publication Date March 11
Summary Is bigger really better? The Journal addresses the question in light of ongoing bank mergers. The story finds that "while mergers can help banks cut costs and gain customers, they won't necessarily stave off of the forces that have been making banks less important as sources of capital and advice." The article includes tables of the top ten biggest banks in the world in 1998 and 1988, ranked by assets.
Category General
Pages 2
Keywords deregulation;Banque Nationale de Paris (BNP);investment banking;UBS AG;Europe;Switzerland;Japan
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