What is in store for banking consolidation?

A: Merger activity is a natural process by which companies make themselves more efficient and better able to compete for customers. The banking industry is no exception.  Regulators also keep a check on future consolidation by exercising their approval authority over mergers and acquisitions banking transactions are unique in the thoroughness of the review they undergo. Transactions that could result in high levels of concentration are denied or approved on the condition of disposition of certain branches or other offices in order to promote competition.