Private Equity Is Coming to Banking
Last week’s business press featured two major stories, the purchase of Sallie Mae (by a partnership of two private equity firms and two banks) and the intensifying tussle over ABN…
Raises issues for senior management consideration, including organization, compensation, and macro topics.
Last week’s business press featured two major stories, the purchase of Sallie Mae (by a partnership of two private equity firms and two banks) and the intensifying tussle over ABN…
Virtually every day the business press features a story detailing another huge private equity deal. This Monday’s papers discussed the acquisition of TXU, a Texas-based utility, by a group of…
This week’s U.S. edition of Business Week features a cover story on McDonalds, the recent challenges it faced, and the path it has taken to renewed profitability and growth. Facing…
In our last newsletter we focused on why smaller banks risk losing out to larger competitors. The reasons for this significant threat result from the combined impact of current management…
Bank reengineering was a major business fad during much of the 1990s. As originally described by Michael Hammer and James Champy in their 1993 book Reengineering the Corporation, it involved…
Here is what some industry observers and bankers are saying about the outlook for banks in 2006: “65% of bankers surveyed nationwide say they are pessimistic or neutral on the…
Each summer, the Financial Times presents a 20-day “Summer School” consisting of daily articles dissecting and discussing key business issues. Last month, one essay focused on the topic of…
In recent weeks, we have had several client discussions around the issue of whether separate dedicated groups should be formed to focus on specific market opportunities; for example: – …
There seems no better way for a financial services executive to begin the New Year than by considering Peter Drucker’s most recent comments. Drucker is the dean of management consulting…
In the past 18 months, we have seen a noticeable shift within the senior management ranks of most of our client banks. A search for consensus is giving way to…