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Bank Mergers

Lessons for the Future

  • Authors
  • Steven I. Davis

Table of contents

  1. Front Matter
    Pages i-x
  2. Steven I. Davis
    Pages 1-9
  3. Steven I. Davis
    Pages 36-50
  4. Steven I. Davis
    Pages 56-64
  5. Steven I. Davis
    Pages 65-72
  6. Steven I. Davis
    Pages 82-92
  7. Steven I. Davis
    Pages 93-100
  8. Steven I. Davis
    Pages 101-112
  9. Steven I. Davis
    Pages 113-120
  10. Steven I. Davis
    Pages 121-142
  11. Back Matter
    Pages 143-191

About this book

Introduction

Despite the wall of evidence that bank mergers add little or no value, investors and management continue to fuel the consolidation wave. This book draws on the actual experience of senior executives in over 30 banks with extensive merger experience to demonstrate how most mergers do in fact fail to meet objectives. It explores in detail the issues of strategic positioning, cost and revenue synergies, due diligence, IT selection and conversion, people selection, cultural conflict, leadership, and the decision-making time frame. It concludes that experienced and determined leadership, significant net cost savings, swift decision-making and the cost of IT integration are key variables for success. It also suggests that the prospect of more cross-border mergers and modest short-term cost savings argues for a new pact between investors and bank management.

Keywords

bank Bank Management Due Diligence

Bibliographic information

Industry Sectors
Finance, Business & Banking