Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification

Abstract

George J. Benston, William C. Hunter, Larry D. Wall, Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification, Journal of Money, Credit and Banking, Vol. 27, No. 3 (Aug., 1995), pp. 777-788