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Regarding the second point, can you give an explanation of why you think that is the case? Normally more competition leads to lower prices. Why should banking b
by yxhuvud 10y ago
Regarding the second point, can you give an explanation of why you think that is the case? Normally more competition leads to lower prices. Why should banking be special?
- usgroup 10y agoBecause of the effect of aggregation on the price of transactions and operating profit. Have a read through the rationale for these merger ideas here to understand more : http://www.bloomberg.com/news/articles/2016-07-08/dare-to-dream-the-bank-mergers-that-could-help-fix-the-industry http://www.bloomberg.com/news/articles/2016-07-08/dare-to-dr...