Define merger activity in the past decade affected assets, Financial Management

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How has the merger activity in the past decade affected the concentration of assets in the banking industry?

A: Over the last decade, some commercial banks declined by twenty-one percent and the average asset size much more than doubled as banks acclimated themselves to deregulation, technological change, and new market pressures. Presently, the fifty largest bank holding companies hold almost 84 percent of all commercial bank assets compared to 55 percent in 1990.


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