Many of the financial institutions are engaged in mergers and acquisitions aimed at creating financial giants out of numerous smaller financial-service providers-giant service companies that can more effectively compete with each other and win greater shares of the financial-service marketplace.

Question

Quizplus · Accepted Answer

Mergers and acquisitions among financial institutions are common strategies for growth, allowing them to expand their services, increase market share, and enhance competitiveness by combining resources and capabilities.

Many of the Financial Institutions Are Engaged in Mergers and Acquisitions