Advantages seen in Bank of America acquisition of Merrill Lynch
The advantages of conglomeration are evident in the Bank of America's recent acquisition of Merrill Lynch.
Immediately related elementsHow this works
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The Global Financial Crisis »The Global Financial Crisis
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Long-term causes of the financial crisis? »Long-term causes of the financial crisis?
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Unintended consequences of earlier public policy choices »Unintended consequences of earlier public policy choices
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Investment banks incentivised to move into riskier activities »Investment banks incentivised to move into riskier activities
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How were investment banks incentivised to increase risk? »How were investment banks incentivised to increase risk?
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Allowing mixing of commercial and investment banking in 1990s »Allowing mixing of commercial and investment banking in 1990s
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Enabled commerical and investment banking conglomeration »Enabled commerical and investment banking conglomeration
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Advantages seen in Bank of America acquisition of Merrill Lynch
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