Most of the changes in size,structure,and composition of the banking industry in recent years are due to

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Most of the changes in size, structure, and composition of the banking industry in recent years are due to mergers and acquisitions. Many large banks have acquired smaller or weaker banks, leading to a consolidation of the industry. This has resulted in larger banks with more diverse product offerings and expanded geographic reach. There have also been mergers between banks of similar size to strengthen their competitive positions in the market.

Most of the Changes in Size,structure,and Composition of the Banking