Roundtable – André Lévy-Lang, chairman, Banque Paribas

Do you expect there to be further consolidation in the world banking industry ?

Do you expect there to be further consolidation in the world banking industry ?

Lévy-Lang: Yes, but not because of the usual assumption that bigger banks are better banks but because there is an oversupply of banks in the world and that it is cheaper and politically easier to merge than to liquidate a bank…

Will there be large-scale cross-border – as well as domestic – bank mergers?

Lévy-Lang: Yes, in spite of the limitations in cross border synergies in banking.

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