European Banks on Shopping Spree in U.S.
In the last two months alone, four European financial institutions have announced their interest in acquiring U.S. investment banks and brokerage firms. Why the sudden activity? And what are the chances these acquisitions will succeed? Two Wharton finance professors look at the companies involved and analyze the dynamics of the global underwriting business.
Content: Article | Source: Knowledge@Wharton | Subject: Finance | Industry: Finance / Banking