Large US bank takeovers in 2008: performance and implications

Purpose – Because systemically important banks' takeovers in the US were expected to contain the 2008 global financial crisis (GFC) but were found to have imposed large cost on shareholders, this paper examines the effectiveness of these acquisitions during the GFC and investigates what went wr...

Full description

Bibliographic Details
Main Author: Guoxiang Song
Format: Article
Language:English
Published: Emerald Publishing 2022-02-01
Series:Journal of Capital Markets Studies
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JCMS-06-2021-0021/full/pdf?title=large-us-bank-takeovers-in-2008-performance-and-implications