The Role of Banks’ Business Models in their FinTech Acquisitions
研究了银行商业模式如何影响其收购金融科技公司的决策，发现资产、资金和收入结构多元的银行更倾向于此类收购，而投资银行有选择性，批发和传统银行则更谨慎。
Abstract In this paper, we examine the role of banks’ business models on their decisions to acquire FinTech firms and how they do so. We find that banks with diverse assets, funds, and income structures are more inclined to engage in FinTech acquisitions. Investment banks display selectivity in FinTech acquisitions while wholesale and traditional banks appear more wary, possibly because of the limited need for FinTech in their business models or the externalities in their existing business models.