Bank Cross-Border Mergers and Acquisitions: Causes, Consequences, and Recent Trends

  • Alberto Franco Pozzolo


In the past 15 years, cross-border mergers and acquisitions have had an ever-increasing role in the process of bank internationalization. Although a consensus view has developed on the determinants of a bank’s decision to expand abroad and on the determinant of the patterns of expansion, the debate on the consequences of foreign bank presence is still open. The aim of this chapter is twofold. First, I discuss the major results of the literature studying the determinants and the patterns of bank foreign expansion. Second, I confront the available evidence with the most recent evolution in cross-border bank M&As. At the end I suggest some possible lines for future research.


Foreign Direct Investment Host Country Banking Sector Bilateral Trade Destination Country 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.



I would like to thank Dario Focarelli for comments and suggestions on a previous version of the paper. Of course, all remaining errors and omissions are my responsibility.


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Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.Dipartimento di Scienze Economiche Gestionali e SocialiUniversità degli Studi del Molise, Via de Sanctis, sncItaly

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