Bank Competition
» Bank Competition, Volume 5, Issue 8, 2005
If respondent's principal financial institution has been merged or acquired post 9-11.
6a. Has the merger or acquisition change affected your banking activities?
| Response | ||||
|---|---|---|---|---|
| 1 | Positively | 5 | ||
| 2 | Had no effect | 18 | ||
| 3 | Caused minor transition problems | 42 | ||
| 4 | Negatively | 27 | ||
| 5 | Changed to a new financial institution as a result | 8 | ||
| 6 | Too soon to judge | 0 | ||
| 7 | DK/Refuse | 0 | ||
| Total (%) | 100 | |||
| N | 195 | |||
Notes: Forty-two (42) percent of small employers whose firms have been impacted by a merger or acquisition post 9-11 report that it caused minor transition problems (Q#6a).
