This is a short piece on what the bank probably looks like after all the mergers in the last 20 ;years. Click on the two graphics to see the evolution of the banking system from big to too big.
Bank of America: The challenge of unified accounting — Money, Banking and Financial Markets
I love graphics like this. This is a great illustration of the natural tendencies of capitalist economy: consolidation of capital and market power. This is the free market at work!
ReplyDeleteThe size of the big banks today as illustrated by the graphics are enormous. The amount of money they have in their balance sheet due to the acquisitions is scary.
ReplyDeletewhat an impressive picture. this graphic brought to life the terms "too big to fail". definitely puts it in perspective to understand the term and the complexities associated with the financial system
ReplyDeleteThe graphics truly helps.Thanks for pointing them out professor McKinney.
ReplyDeleteThey basically summarize the history of M&A in banking. It would be nice if they add the revenue, equity, and asset figures so we can also see the bank size and the leverage ratios over time.
wow, the graphics were amazing. I also agree with Ly, it would be helpful if they added some other information as she suggested.
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