Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Economics Expert

Economics - Cost Analysis

The last decade has witnessed an unprecedented number of mega-mergers in the banking industry: Bank of America's acquisitions of Fleet Bank, MBNA, and U.S. Trust; Bank of New York's acquisition of Mellon Financial; and Wells Fargo's acquisition of Wachovia, to name several of the largest consolidations. Besides growth for its own sake, these super banks are able to offer one-stop shopping for financial services: everything from savings accounts to home mortgages, investment account, insurance vehicles, and financial planning.

a. In the short run, what are the potential cost advantages of these mergers? describe.

b. Is a $300 billion national bank likely to be more efficient than a $30 billion regional bank or a $3 billion state-based bank? What economic evidence is needed to determine whether there are long-run increasing returns to scale in banking?

c. Do you think these mergers are predicated on economies of scope?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M927127

Have any Question? 


Related Questions in Business Economics

The pricing department in your business insists on charging

The pricing department in your business insists on charging one price to all customers in your market, regardless of willingness to pay. Would you agree? How would you suggest your firm use consumer surplus and elasticit ...

Please answer the below question 2 paragraphs at least

Please answer the below question 2 paragraphs at least. Please provide references. Do not submit a copy pasted work from online. 1. Does a competitive firm’s price equal its marginal cost in the short run, in the long ru ...

1 dumping is illegal in international trade but is

1. Dumping is illegal in international trade, but is practiced by some countries/companies. Describe how a company or country would be accused of committing "dumping". 2. Define and provide examples of tariff, import quo ...

Chinas entry into the world trade organization wto in 2001

China's entry into the World Trade Organization (WTO) in 2001 created more competition between local and foreign firms, and also provided China greater access to the market for exports. This was particularly true in the ...

As noted in the text the overwhelming majority of the

As noted in the text, the overwhelming majority of the world's countries have an economic system that is somewhere between the extremes of "laissez faire capitalism" and a "command economy." However, within this majority ...

King lear was worried about how his children would treat

King Lear was worried about how his children would treat him in his old age. Much to his regret, he discovered that children do not always deliver what they promise. In addition to love and respect, children are also mot ...

The federal reserve and monetary policy visit the the

"The Federal Reserve and Monetary Policy" Visit the The Business News and please respond to the following: Part 1 What is the mission and legal mandate of the Federal Reserve System? What policy tools are available to th ...

1 what are the potential advantages and disadvantages of

1. What are the potential advantages and disadvantages of the government setting prices for goods or services in a market? 2. What are potential advantages and disadvantages of government utilization of special taxes or ...

1 compare australia and china growth rates over the period

1) Compare Australia and China growth rates over the period of last ten years (2005 - 2015) in about 300 words 2) Critically analyze the reasons for the variation of growth rates in each country over that time period abo ...

Why is it that when you have a trade deficit saving is less

Why is it that when you have a trade deficit saving is less than investment. S-I=NX. A trade deficit just means you bought more products from foreign sellers than you sold to them. So is a trade deficit even a bad thing? ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate