I just completed iain banks latest culture novel matter. Banks says he conceived the culture in the 1960s, and that it is a combination of wish fulfilment and a reaction against the predominantly rightwing science fiction produced in the united states. Endlessly creative, perhaps overly so ive had the algebraist on the shelf for quite a few years, patiently waiting its turn in the reading rotation. An approach to the consideration of bank merger issues by regulators. He then shows that a merger generally brings together two internally homogeneous groups with beliefs and preferences that differ.
The third book came out in 1990 and is titled use of weapons. Banks, author of the hugely popular culture novels, will be included in a book that celebrates the authors vision of the culture universe. After, we propose and describe the measurement procedure of the cultural fit among bidder and target banks, based on text analysis. Planets figure little in the life of the average culture person.
This is a list of spacecraft found in the culture novels and short stories by iain m. As in banks other culture novels the main themes are. Banks, the state of the art in his science fiction novels, british author iain m. The algebraist is a science fiction novel by scottish writer iain m. Banks culture universe edit common ship types edit. Firstly, we have compared the characteristics of acquiring.
Culturally integrating an acquisition cleveland consulting. Pdf analysing the motives and the outcomes of bank mergers. We have examined in this study the bank mergers experience in lebanon, where between 1994 and 2002, 25 bank merger operations took place. Since 1990s, the european banking industry has experienced an unprecedented level of merger activity that has considerably influenced the sectors structure. After the publication and success of the wasp factory, banks began to write on a fulltime basis. Unlike phlebas which was the second banks book i read after the algebraist, matter was a bit more predictable. List of spacecraft in the culture series the culture. By subliming, an entire species would leave the physical universe in an act described, as far back as consider phlebas, the first of the culture novels, as amounting to apotheosis, achieving godhood.
The book was published in multiple languages including english, consists of 471 pages and is available in paperback format. Assessing the efficiency effects of bank mergers in sweden. Inefficiencies grew during the first post merger year but the results were inconclusive during the subsequent post merger years. All content included on our site, such as text, images, digital downloads and other, is the property of its content suppliers and protected by us and international laws. The main theme of the novels is the dilemmas that an idealistic hyperpower faces in dealing with civilizations that do not share its ideals, and whose behaviour it sometimes finds repulsive. Free download or read online consider phlebas pdf epub book. The culture a humanmachine symbiotic society has thrown up many great game players, and one of the greatest is. Ive always thought if i ever did get around to running a culture based roleplaying game that id have to name one of the gsvs nostalgia for infinity.
The first book in this series came out in 1987 and is titled consider phlebas. Download consider phlebas pdf ebook free your pdfs. The book was published in multiple languages including english, consists of 593 pages and is available in paperback format. The most insightful cultural observers often are outsiders, because cultural givens are not implicit to them. In the authors notes from galactic north he cites banks as an inspiration for ship names, but conceded he couldnt ever come off quite as cool. Indian banks can slowly and gradually evolvetransform themselves into global banks. The role of mergers and acquisitions in firm performance.
Iain banks is a very well known writer when it comes to the fiction and the science fiction books. The main motive behind the merger and acquisition in the banking industry is to. The culture a humanmachine symbiotic society has thrown up many great game players, and one of the greatest is gurgeh. The hydrogen sonata does not rank with his very best but it was a sharp return to form and reading it makes me feel selfishly sadder about his death. Banks and features in a number of his space opera novels and works of short fiction, collectively called the culture series. Phase ii16961991 nationalization, regularization and growth. May 14, 2020 so the merger and the decision taken by respective banks board are all well taken. Matter a culture novel book 7 kindle edition by banks. Keybank, the primary subsidiary of keycorp, is a regional bank headquartered in cleveland, ohio, and is the only major bank based in cleveland. Two and a half millennia ago, the artifact appeared in a remote corner of space, beside a trillionyearold dying sun from a different universe. Kfh sees 90pc profit jump after aub deal the analysis of the european bank merger data follows a differencesindifferences strategy that exploits the staggered timing of the new legislation across the different countries. The first edition of the novel was published in january 31st 2008, and was written by iain m. Its a novel held up against the dying of the light, a.
Just like with banks, the cash flow statement for insurance companies is actually similar to what you see for normal companies. After the publication and success of the wasp factory 1984. This paper is based on the large literature on antitrust analysis. The writer of consider phlebas is a scottish author. There need not be speculation, she said after unveiling ease 3. Banks projects a future human society that seems to embody all the essential virtues of objectivist social theory, while at the same time suggesting how two widespread and major shortcomings of current objectivist thought may be corrected. This paper aims at assessing the efficiency effects of bank mergers in sweden utilizing an unbalanced panel of savings banks for the period 1984 to 2002. So does anks in all his sf novels, particularly those focused on the culture. They dissemble, evade, prevaricate, confound, confuse, distract, obscure, subtly misrepresent and willfully misunderstand with what often appears to be a positively gleeful relish and are generally perfectly capable of contriving to give one an utterly unambiguous impression of their future course of action while. Pre and post merger comparison is conducted on selected variables to analyse the effectiveness of mergers and acquisitions on the banks. Integrating company cultures after a merger or acquisition. Organizational culture integrate the relatively nonaggressive thrift culture of southern federal with the more aggressive banking culture at mab.
Matter a culture novel book 7 kindle edition by banks, iain m download it once and read it on your kindle device, pc, phones or tablets. Within this list, 8 are novels4 centred on the utopian group civilisation of the culture formed by seven or eight humanoid species, spaceliving elements of which established a loose federation approximately nine thousand years ago anks 1994. After the mergers the country will have only 12 public sector banks. Nirmala sitharaman announced for merger of 10 public sector banks into 4. Bank mergers and acquisitions have also been used to sort out problem loan books, as a form of rescuing banks in financial trouble, in countries such as japan and korea. The player of games 1988 is the second published book in the wellknown culture series featuring the postscarcity utopian machinehuman galactic empire known as the culture. Operational and profitability indicators postmerger indicators sbi all associate banks merged entity fy 16 fy 16 fy 16 net profit rs crore 9,951 1,639 11,589 car %. Estimation of the impact of mergers in the banking industry. The other main category of mergers and acquisitions that will affect banks operations in asia will be the merger of overseas banks with local. In spite of absence of any gains to shareholders of bidder banks, a survey of bank managers strongly favours mergers and identifies the critical issues in a successful merger as the valuation of loan portfolio, integration of it platforms, and issues of human resource. The main characters of this science fiction, fiction story are. It concerns the response of the culture and other interstellar societies to an unprecedented alien artifact, the excession of the title. Free download or read online the player of games pdf epub culture series book.
Original research article impacts of mergers and acquisition. It was nominated for a hugo award for best novel in 2005. In his opinion, the culture might be a great place to live, with no exploitation of people or ais, and whose people could create beings greater than themselves. Mar 22, 2011 it was called a merger of equals, but one company always dominates, smith says. The main characters of this science fiction, fiction story are jernau gurgeh. How to blend company cultures in a merger entrepreneur. Use features like bookmarks, note taking and highlighting while reading matter a culture novel book 7. Banks is most famous for his postscarcity aidominated culture space opera series, i suspect his non culture novels often get less attention. After the merger we have calculated the post merger return on asset. Impact of merger and acquisition on financial performance of. Iain banks 16 february 1954 9 june 20 was a scottish author. Also it is a better idea to have one big, healthy, strong and productive bank than to have several ailing and laggard banks. Banks s seminal science fiction series, the culture. He wrote mainstream fiction under the name iain banks and science fiction as iain m.
Something like tens of thousands of them were superposed to have been destroyed in the war but at the time the culture only had a population of 18 trillion and a typical orbitals has 50 billion people, meaning there cant be more than 360 orbitals, that is. The stories centre on the culture, a utopian, postscarcity space society of humanoids, aliens, and advanced artificial intelligences living in socialist habitats spread across the milky way galaxy. Analyzing the case of acquisition of one bank by another, it examines the. A large number of international and domestic banks all over the world are engaged in merger and acquisition activities. Merger and acquisition of banks linkedin slideshare. Two cases of merger and acquisitions have been taken randomly as sample for. The government of india goi has announced for merging of banks in 2019, inorder to revive them from the 6 year low economy due to sudden slowed economic growth. Banks author 2009 consider phlebas culture series book 1 iain banks. The book is largely about the response of the cultures minds benevolent ais with enormous intellectual and physical capabilities and distinctive personalities to the excession itself and the way in which another society, the affront, whose systematic brutality horrifies the culture, tries to use the excession to increase its power. Use of weapons a culture novel book 3 kindle edition by banks, iain m download it once and read it on your kindle device, pc, phones or tablets. Nevertheless, the acquiring banks did not maintain their pre merger efficiency levels. Keys customer base spans retail, small business, corporate, and investment clients. Two and a half millennia ago, the artifact appeared in a remote corner of space, beside a trillionyearold.
Phase i 17861969 initial phase when many small banks were set up. Nevertheless, this process may take another 5 to 10 years. Banks is the creator and the author of the culture series. Use features like bookmarks, note taking and highlighting while reading use of weapons a culture novel book 3. The first edition of the novel was published in april 23rd 1987, and was written by iain m.
An analysis of the bank merger process in the united states. The fifth culture book from the awesome imagination of iain m. Relevance of mergers and acquisition on financial performance. It is the fifth in the culture series, a series of ten science fiction novels which feature a utopian fictional interstellar society called the culture. Banks s culture series 33 could forget that there was a base reality at all banks 1997, they still have to rely on their physicality. In sweden, as in many other european countries, banks have been involved in acquisitions in an attempt to exploit potential synergies, economies of scale, and other benefits. The culture is a fictional interstellar postscarcity civilisation or society created by the scottish writer iain m. The importance of leadership and culture in mergers 9 another leader of the product of a merger, ceo of glaxosmithkline jeanpierre garnier states his view on mergers and acquisitions, in any merger or acquisition, investment banks and equity analysts will provide you with a plethora of figures. The history of indian banking can be segregated into 3 phases. Banks, including the initial of his adopted middle name menzies.
The culture, the postscarcity, hedonistic, machiavellian, libertarian, asskicking science fiction society created by iain m banks, is 25. We must know the terms of merger, before embarking on such exercise. The culture is a groupcivilisation formed from seven or eight humanoid species, spaceliving elements of which established a loose federation approximately nine thousand years. Free download or read online matter pdf epub culture series book. It was a perfect blackbody sphere, and it did nothing.
The first edition of the novel was published in august 1988, and was written by iain m. Merger of two weak banks or merger of one weak bank with one strong bank is said to be the faster and less costly way to improve profitability than spurring internal growth. The present paper evaluates the effects of merger and acquisitions on the financial performance of the selected banks in india. Two and a half millennia ago, the artifact appeared in a remote corner of space, beside a trillionyear old dying sun from a different univese. Restructuring deal with the potential repercussions for a communityoriented bank if employees, who are local citizens in the small towns in which the bank operates, were fired as a result of. Transition reads like it was intended to kick off a new series for banks, and like consider phlebas, the first in banks culture series, it was kind of a hot mess but i loved it anyway. Competition and deregulation in financial services increasing competition has been an important trend in the financial services industry over the past twenty years. In this case it was daimler who openly imposed its culture on chrysler, he says.
In this setting, each culture ship, and some others, is also an artificial intelligence with a distinctive personality. The quarry is a novel about disease, about fucking cancer, as its repeatedly described. His first science fiction book, consider phlebas, was released in 1987, marking the start of the culture series. An approach to the consideration of bank merger issues by. V shows and his work is also used by the theater and by the radio as well. The following ships have not appeared in any books, however they were named by iain m banks in an interview with the guardian. Consider phlebas is the story of a war between the hyperliberal semitranscendental posthuman culture civilization, the quintessential good guys of a nearendpoint technological civilization, and a race of nearimmortal warriorpoet types spreading their religion to the galaxy. These ships obtained their names as a result of another unnamed involved civilisation criticizing culture ship naming policy, claiming that such powerful ships ought to have names with a little more gravitas. The previously unseen drawings, most of which are annotated by the author, and many of which predate the writing of the novels themselves, will be curated by the estate of iain m. Introduction an aspect of banking policy that recently received a great deal of attention in south africa is the issue of bank mergers, and the regulators approach to considering whether to allow a merger to proceed. Consider phlebas introduces readers to the utopian conglomeration of human and alien races that explores the nature of war, morality, and the limitless bounds of mankinds imagination. It was his third science fiction novel not to be based or set in the culture, the earlier two being against a dark background and feersum endjinn. The culture series is a science fiction series written by scottish author iain m. The stories center around the culture, a postscarcity semianarchist utopia consisting of various humanoid races and managed by very advanced artificial intelligences.
Pdf the player of games book culture free download. After merger, indian banks can manage their liquidity short term as well as long term position comfortably. He is something less of a yarn spinner in this one and i was stalled at page 20 for a while, but by the time i got to page 120, i could tell it was going to be a great story. The nauptre reliquaria are probably the most evil group in the cultureverse they dont stand out as much as the more colorful villains with more screen time, but from their goals and actions i think they are the worst. The study therefore recommends that banks can merge or acquire each other as this has proved to become a plat form for rescuing ailing ones and could provides a platform that could enhance batter financial performance. The importance of leadership and culture in mergers. Many of these ships are significant characters in the novels.
The nauptre reliquaria are probably the most evil group. Using accounting data financial ratios, the post merger performance of a sample of greek banks, listed on the athens stock exchange that executed at least one merger or acquisition in the four. Banks, who sadly died aged only 57 on 9 june 20 of a cancer detected only a few months earlier, was the author of 27 novels, of which 12 were sf published under the name iain m. The book was published in multiple languages including english, consists of 293 pages and is available in paperback format. Most ships in this list are members of the culture, the hybrid society featured in many of these novels. Merger of two weaker banks or merger of one health bank with one weak bank can be treated as the faster and less costly way to improve profitability then spurring internal growth franz, h. The book is largely about the response of the cultures minds to the excession itself and the way in which another society, the affront, wh. His books are used for the making of the different t. The culture series or culture cycle refers to a series of novels and short fiction written by scottish author iain banks. Followers of iain m banks culture series will long have been familiar with the concept of subliming. The second book came out the year after and is titled the player of games. The two banks announced the deal on thursday, the first major crossborder bank merger in the gulf region in recent years. Cultural issues in mergers and acquisitions leading through transition.
In first year of merger the return on asset was fall by 50. The duds notwithstanding, banks culture novels were a stunning achievement of unbounded imagination. Harvey university of ghana business school this study analyzes the impact of mergers and acquisition on performance of the acquiring firm using a ttest to test the difference between the average pre and postacquisition performance indicators. This is the first novel iain banks culture series and. Banks adroitly chooses to focus on the interactions of the culture with a non culture society, this time the more primitive empire of azad. Excession is a science fiction novel by scottish writer iain m. Merger and acquisition as a means of corporate restructuring exercise have been known to provide some forms of economic and financial benefits such as. The project aims to understand the behavior of various mergers and acquisitions in indian banking sector. Im way late to this party, but my favorite quote is, oh, they never lie. Over the several last decades, mergers and acquisitions have become very common.
1219 710 843 661 393 503 1387 659 955 517 1248 1382 901 1279 77 282 1449 356 704 470 1204 1233 899 1152 1000 886 1120 1069 86 1398 189 1256 134 953 1205 694 403 778 754