ST Alpha - "A lot of our large ones have merged. -- nm" (Reading a Post)

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In response to "wow, in 1998 the largest Canadian Bank (Royal) was 30th in size in North America, today it is 7th." by Beaker

A lot of our large ones have merged. -- nm

Posted by Spawn Aug 30 '10, 11:03

(No message)

Responses:

If you invested $100 in the Royal in 1998 it would be worth $500 today. BOA would be worth $57 and Citibank $16 -- nm - Beaker Aug 30, 11:05 2
- the article is about the pitfalls of like-alike mergers in the US banking industry -- nm - Beaker Aug 30, 11:07
- I'm not saying they are good, just that when two merge, a ranking spot can jump. -- nm - Spawn Aug 30, 11:07

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