English to Chinese Bus/Financial Finance (general)

The primary rationale behind the wave of mergers in the 1990s—to achieve substantial economies of scale by exploiting technology and deregulation—is naturally weakening. For most large banks, further expansion won’t necessarily yield dramatic scale-based savings in systems and product-development costs. So although mergers will continue to take place, opportunities to create substantial value have diminished and relatively fewer deals will pack the punch of the 1990s. Executives of large banks must look for new ways to increase earnings.