Sentence examples for merged banking from inspiring English sources

Other members of the Mitsubishi group, including the Mitsubishi Corporation, a huge trading business, and the Mitsubishi Tokyo Financial Group, the holding company for a merged banking operation, are also taking part in drafting the plan and are expected to contribute to a bailout.

Last year, IBRA merged Bank Bali with four other banks it controls, forming Bank Permata.

Officials said that the government would probably end up with about 20percentt of the merged bank.

Bavaria, home to BayernLB, and North Rhine-Westphalia, home to WestLB, are Germany's two most populous states, giving the merged bank a powerful economic base.

But on average, according to research by the Federal Reserve and consumer groups like the United States Public Interest Research Group, fees of merged banks usually rise.

CCM will stay alive with over €2 billion in assets and a 25% stake in the banking business.Mergers among the cajas may be good news for the banks: history shows merged banks lose market share in the short term.

"It was David Rockefeller who pushed this idea," Mr. Geismar recalled, "and it was feasible because the newly merged banks -- Chase National Bank and Bank of the Manhattan Company -- were so large and omnipresent in the New York region".

This, BNP bigwigs points out, is a bit odd, since it had been talking to SocGen for some 18 months about a merger, and was on the point of choosing the bosses of a merged bank.

"Over the last three months, shareholders had the opportunity to see the power of the combination," said G. Kennedy Thompson, chief executive of First Union who will be chief executive of the merged bank.

"The UFJ merger was our first step into the new era after bad loans," Mr. Kuroyanagi, 64, the chief executive of the newly merged bank, said in an interview.

Intramural squabbling at newly merged banks has kept them from streamlining operations or cutting costs quickly, and in some cases has produced embarrassing disasters like days-long crashes of automated teller networks.