Bank mergers, consolidations and changes in the banking industry have changed the way we do our banking over the past ten years has the changes been good or bad for the consumer?
Please give examples.
Bank mergers, consolidations and changes in the banking industry have changed the way we do our banking over the past ten years has the changes been good or bad for the consumer?
Please give examples.
the whole point about merger is to cut cost and reduced competition. both resulted in further reduce of bank service be it lay off more employees and reduced the amount of banks available on the streets. it is at the expense of the consumers of course. instead of dealing with you in person , you are probably waiting on the phones and listening to mundane music. and perhaps makes you run around making more phonecalls before any issues is resolve.