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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
16 / 4307 |
Essay's paper body
Although there will still be thousands of small community banks, the industry, like airlines and aerospace before it, will be dominated by a handful of national and global giants that will dwarf even the biggest players we know today.1 They will have achieved their might by buying complementary or weaker players and transferring superior management skills to create value...
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As in airlines and aerospace, these behemoths will be tightly run; highly productive, innovative, and skilled at M&A; and intensely competitive with one another.
In banking, for example, the removal of the remaining geographic barriers to acquisition in 1997 has set the stage for a truly national marketplace...
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