Bank consolidation will likely result in ________.

Question

Quizplus · Accepted Answer

Bank consolidation often results in the formation of larger, more complex banking organizations as they merge to achieve economies of scale and expand their customer base. This can also lead to less competition in the industry. The elimination of credit unions is not a common outcome of bank consolidation. A shift in assets from larger banks to smaller banks is possible, but it is not a guaranteed result.

Bank Consolidation Will Likely Result in ________