A comparative study on cross-border merger performance for Chinese and American commercial banks

DOI

10.2991/febm-17.2017.77How to use a DOI?

Keywords

cross-border M&A; citibank; industrial and commercial bank of China; financial analysis; event study

Abstract

Faced with competition and pressure in the international banking, Chinese had to consider how to use the cross-border mergers and acquisitions to realize their own rapid development and growth and to enhance competitiveness. This paper selected the cases of cross-border mergers and acquisitions for Citibank in the United States and Industrial and Commercial Bank of China. DuPont financial analysis and event study were used on their performance in mergers and acquisitions, and several specific suggestions were put forward.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ruibo Liu
AU  - Xiaojun Niu
PY  - 2017/10
DA  - 2017/10
TI  - A comparative study on cross-border merger performance for Chinese and American commercial banks
BT  - Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)
PB  - Atlantis Press
SP  - 570
EP  - 578
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-17.2017.77
DO  - 10.2991/febm-17.2017.77
ID  - Liu2017/10
ER  -