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QUESTION

Hi, Could you briefly explain to me: 1) What is bank convergence and bank consolidation? What're their differences? 2) What're factors leading to

Hi,

Could you briefly explain to me:

1) What is bank convergence and bank consolidation? What're their differences?

2) What're factors leading to convergence and consolidation in banking industry?

I am currently stuck with the research about international banking. Please help! Thank you!

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