Proceedings of the Second International Conference On Economic and Business Management (FEBM 2017)

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

Authors
Ruibo Liu, Xiaojun Niu
Corresponding Author
Ruibo Liu
Available Online October 2017.
DOI
https://doi.org/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.
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Proceedings
Second International Conference On Economic and Business Management (FEBM 2017)
Part of series
Advances in Economics, Business and Management Research
Publication Date
October 2017
ISBN
978-94-6252-423-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/febm-17.2017.77How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 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  - https://doi.org/10.2991/febm-17.2017.77
ID  - Liu2017/10
ER  -