|
Table 2 for testimony of Governor Laurence H. Meyer Mergers and acquisitions in banking and other financial services Before the Committee on the Judiciary, U.S. House of Representatives June 3, 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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