|
Table 2 for testimony of Governor Laurence H. Meyer Mergers and acquisitions in banking and other financial services Before the Committee on Banking and Financial Services, U.S. House of Representatives April 29, 1998 |
|
Table 2
Number of Large Mergers, 1980-1997*
|
||
|
Year |
Number of large mergers |
Number of large interstate mergers |
|---|---|---|
|
1980 |
0 |
0 |
|
1981 |
1 |
0 |
|
1982 |
2 |
0 |
|
1983 |
5 |
0 |
|
1984 |
6 |
0 |
|
1985 |
9 |
4 |
|
1986 |
9 |
6 |
|
1987 |
18 |
11 |
|
1988 |
14 |
7 |
|
1989 |
3 |
2 |
|
1990 |
6 |
2 |
|
1991 |
16 |
12 |
|
1992 |
23 |
15 |
|
1993 |
15 |
10 |
|
1994 |
15 |
11 |
|
1995 |
20 |
16 |
|
1996 |
26 |
14 |
|
1997** |
15 |
11 |
|
Total |
203 |
121 |
|
* Where the acquiring firm and target bank are over $1 billion in assets. ** 1997 numbers are preliminary. |
||
|
Source: Stephen A. Rhoades, ABank Mergers and Industrywide Structures, 1980-1994,@ Staff Study, Federal Reserve Board, 1996. Updated by author. |
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