Consolidating and Diversifying Simultaneously The traditional definition of a bank has been blurred by the introduction of new products and a wave of mergers,which have dramatically expanded the scope of activities that banks engage in and where products and services are offered. What constitutes a bank,today is not as important as what products and services are offered and in what geographic markets the financial services company competes in. 麓封强的黄香+孝Consolidating and Diversifying Consolidating and Diversifying Simultaneously Simultaneously The traditional definition of a bank has been blurred by the introduction of new products and a wave of mergers, which have dramatically expanded the scope of activities that banks engage in and where products and services are offered. What constitutes a bank, today is not as important as what products and services are offered and in what geographic markets the financial services company competes in