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Re: Miracleman 1 post# 9309

Saturday, 08/15/2015 2:03:50 PM

Saturday, August 15, 2015 2:03:50 PM

Post# of 19165
I think the reduction from 4 to 2 banks vs. client increase is all relative and doesn't create more business for the new banks per say. It all comes out as a wash in that regard. Same number of accounts merged into one location instead of two. Is Piraeus bank publicly traded? I've never checked. If not, it's the only way I could see NBG pps benefit from the merger. It would be new business into an existing ticker. Otherwise, we may actually see a slight drop in pps from a merger - at first. JMO

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