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Resource ID: #20018
Subject: Banking
Source: Wall Street Journal (New York)
Affiliation: 
Date: 11-Mar

Description

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.

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