A history lesson in bank cannibalism

[Joelle]

A history lesson in bank cannibalism
      

If you are a bank, gobbling up other banks can do wonders to your stock – once an industrywide crisis recedes.
Sandler O’Neill analysts say in a research note they looked at bank stocks from the time of the last major recession and how shares did after touching bottom in roughly October 1990.
Contrary to conventional wisdom that takeovers [...]
         

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