More than $22 billion of merger deals were announced in the banking and thrift industries in the first three months of 1997, making it the strongest quarter for mergers since 1995.

Although the number of deals slipped to 88, from 95 in the fourth quarter, the value of the deals more than doubled.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.