02059cas a2200277 a 4500 AALejournalIMF002491 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451857603 1018-5941 BD-DhAAL BD-DhAAL De Nicolo, Gianni. Bank Consolidation, Internationalization, and Conglomeration : Trends and Implications for Financial Risk / Gianni De Nicolo, Mary Zephirin, Philip Bartholomew, Jahanara Zaman. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (44 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper documents global trends in bank activity, consolidation, internationalization, and financial firm conglomeration, and explores the extent to which financial firm risk and systemic risk potential in banking are related to consolidation and conglomeration. We find that while there is a substantial upward trend in conglomeration globally, consolidation and internationalization exhibit uneven patterns across world regions. Trends in consolidation and conglomeration indicate increased risk profiles for large, conglomerate financial firms, and higher levels of systemic risk potential for more concentrated banking systems. We outline research directions aimed at explaining why bank consolidation and conglomeration do not necessarily yield either safer financial firms or more resilient banking systems. Mode of access: Internet Bartholomew, Philip. Zaman, Jahanara. Zephirin, Mary. IMF Working Papers; Working Paper ; No. 2003/158 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/158/001.2003.issue-158-en.xml IMF e-Library