Performance Indicators

Finance

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The consolidation seen in the finance industry recently has been influenced by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. This recent legislation provides added protection for consumers, has increased regulation and expenses for financial institutions to operate. This often impacts the smaller, local banks ability to create a profit and therefore encourages consolidation with larger financial institutions to share the increased costs to do business.

Financial Analysis
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Discuss the nature of convergence/consolidation in the finance industry (SP)