A recentreport on thefutureofwholesalebankingfromMorgan Stanley and Oliver Wymanreckonsthat bid-offer spreads haveincreased by anything from 50% to 300%.
These have widened by up to 300% thanks to spiking volatility and the retreat of several big rivals, according to a study by Morgan Stanley and Oliver Wyman, a consultancy.
According to a recent study by Mercer Oliver Wyman, a consulting group, and Morgan Stanley, an investment bank, cross-border mergers can work if the buyer brings more sophisticated information-technology and risk management to the target.