Artículos relacionados a Bank Mergers: Lessons for the Future

Bank Mergers: Lessons for the Future - Tapa dura

Davis, Steven I.

 
9780312235529: Bank Mergers: Lessons for the Future

Sinopsis

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 to 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 merger and modest short-term cost savings argues for a new pact between investors and bank management.

"Sinopsis" puede pertenecer a otra edición de este libro.

Acerca del autor

Steven I. Davis is a graduate of Amherst College and the Harvard Business School. He has spent his career in finance as a banking executive, management consultant, researcher, author and teacher.

"Sobre este título" puede pertenecer a otra edición de este libro.