Mergers and Acquisitions (M&As) in the Banking Sector

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The paper examines significant transformations in the global banking sector during the last decade of the 20th century, highlighting the shift in the rankings of the world's largest banks from 1995 to 2000. It notes that the top five banks in 1995 were all Japanese, with Dai-Ichi Kangyo Bank leading with total assets of 626,171 million USD. The analysis provides insights into the evolving landscape of international corporate finance and the implications of these changes for the banking industry.