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Bank Technology News December 2003 John Adams |
BofA's Fleet Of Headaches Bank of America bit off a mouthful when it bought FleetBoston, and the digestion promises to be long, fraught with all the trials and tribulations emerge in the wake of such consumption. |
Knowledge@Wharton |
Bank of America and FleetBoston: Dud Deal? It was the third largest bank merger in history, promising to create a mega-bank that would span the country. But though bank executives promise economies of scale and cross-selling opportunities, investors have not been impressed. |
CFO March 1, 2004 Kris Frieswick |
The Two Faces of Bank Mergers Despite all the talk about the "seamlessness" of the mergers being planned in the nation's fast-consolidating banking industry, CFOs of bank customers aren't all that convinced. And their concerns are both financial and personal: Will the merger of their bank hurt their access to capital, they ask? And how will their relationship with bank officers change? |
CIO April 1, 2004 Alice Dragoon |
Banks Fight Customer Fligtht Following mergers, banks used to sacrifice customer service in favor of speedy integration and cost-cutting. But no more. Here's how CIOs are helping banks implement a new postmerger mandate to focus on customer service. |
Bank Systems & Technology November 30, 2003 Katherine Burger |
Damning with Faint Praise The winner of last month's "Now you tell me!" award was Charles Prince, Citigroup's recently named CEO, who stated in a presentation about the institution's global corporate and investment bank, "The era of the transformational merger is over." |
BusinessWeek February 7, 2005 Dean Foust |
BofA's Happy Surprise Consumer chief McGee's sweeping makeover of Fleet's branches is a success |
Bank Systems & Technology January 14, 2004 Peggy Bresnick Kendler |
Managing M&As Technology is playing an increasingly important role in the revived M&A market in financial services. |
U.S. Banker February 2004 Michael Sisk |
Bank of America Goes Under the Microscope Thanks to a raft of letters from community groups and an appeal from Massachusetts legislators, the Federal Reserve Board extended public comment on the proposed Bank of America and FleetBoston Financial merger to include two public hearings. |
Bank Systems & Technology September 29, 2005 Peggy Bresnick Kendler |
Mergers & Acquisitions An interview with five financial industry specialists on technology assets as drivers behind a merger or acquisition and how integrating systems post-merger often presents the biggest challenge to realizing the value of a deal. |
U.S. Banker April 2004 Michael Dumiak |
Culture Clash Nearly a decade after the last merger wave, dealers sharpen their pencils in the wake of an economic downturn and look to make combinations. Is that really such a good idea? |
CIO August 15, 2002 Ben Worthen |
Mergers and Acquisitions Many of the CIO-100 honorees were thrust into the theater of integration following a merger. These companies shared the same urgent pace of integration as they streamlined processes and combined systems. |
The Motley Fool January 15, 2004 Bill Mann |
JPMorganChaseBankOne? Another in the string of "mine's bigger than yours" bank mergers. |
Bank Systems & Technology November 20, 2008 Maria Bruno-Britz |
Risk and Customers Key Considerations in Mergers Whether a bank acquires another under duress or a merger occurs for more practical reasons around synergies and cost savings, there are several best practices banks should keep in mind to make the process less painful. |
Bank Systems & Technology June 2, 2004 Steven Marlin |
Where The Money Is The current branch revival is evidence that the era of multichannel delivery is here to stay. |
BusinessWeek February 23, 2004 Gene G. Marcial |
Who's Courting BofA? With banking mergers and acquisitions heating up, some big U.S. and European banks are eyeing Bank of America as a possible partner. |
CFO February 1, 2003 Ian Rowley |
Banking On U.S. Acquisitions European financial institutions, their growth stymied at home, are targeting U.S. retail acquisitions. |
The Motley Fool October 15, 2004 Nathan Slaughter |
Bank of America's Obvious Force The country's third-largest bank flexes its muscles and may be a good place to deposit your investing dollars. |
Bank Technology News June 2004 John Adams |
The General of BofA's Army Ken Lewis was named president, chairman and CEO of BofA in 2001 following the turf war that accompanied the NationsBank-BofA deal. |
The Motley Fool July 14, 2004 Nathan Slaughter |
Bank of America Shows Its Strength The nation's No. 3 bank puts up solid second-quarter results. |
CFO January 1, 2004 Roy Harris |
The Start of Something Big? A blockbuster fourth quarter gives even pessimists hope that M&A activity has finally turned the corner. |
BusinessWeek November 10, 2003 David Henry |
M&A Deals: Show Me Aware that many mergers haven't paid off in the past, investors don't have the enthusiasm they once did. |
U.S. Banker October 2001 Mark Bruno |
Jeter and Nomar Pitch Fleet FleetBoston takes advantage of Yankees-Red Sox rivalry in its aggressive push for business in New York and New England... |
CIO December 23, 2008 David F. Carr |
What IT Leaders Need to Know About Getting Mergers Done Right Whether it's a shotgun merger or a planned acquisition, chances are you're not ready for it. Here's how to change that. |
InternetNews May 18, 2005 Clint Boulton |
Platform Shift Knocks 40K BofA Customers Offline Bank of America will take down some online and ATM access to finish switching over customers still on the Fleet network. |
Salon.com November 21, 2002 Farhad Manjoo |
The Homeland Security merger mess A Harvard analyst says government consolidation won't improve the fight against terrorism quickly, and maybe not at all. The reason: Most big corporate mergers fail. |
U.S. Banker February 2002 |
Argentina Burning; Fleet, Too Riots in the streets, middle-class people going hungry, a government toppled. And FleetBoston Financial Corp. losing a bundle... |
U.S. Banker November 2007 Anthony Malakian |
M&A Activity: BofA Succumbs to Pressure From Community Activists After six months of pestering Bank of America to make concessions in the communities served by LaSalle Bank, community groups finally scored a partial victory. |
Financial Planning May 1, 2007 David Grau |
Linked In As they look to recreate themselves, surprisingly few small financial practice owners consider mergers. |
BusinessWeek May 22, 2006 Mara Der Hovanesian |
(Investment) Bank Of America? Bank of America aims to build its way up to the top tier of investment banks. It won't be easy. |
U.S. Banker February 2003 John Engen |
Blocking Consolidation in Canada Canadians' love-hate relationship with the "Big Five" banks -- the largest and best employers and sponsors of community activities like pee-wee hockey teams -- is at the core of their collective merger angst. With two mergers nixed, it's beginning to rub local bankers the wrong way. |
Bank Systems & Technology January 29, 2005 MacPherson, Perry & Phelan |
Doing Diligence Attempts to buy growth through M&As take forethought and care. At its best, an effective bank merger is a backstage production - smooth, well-orchestrated and invisible to an audience of consumers. |
BusinessWeek November 10, 2003 Dean Foust |
BofA Heads Back To Main Street True, the consumer market has been the salvation of many a bank in recent years, but BofA's new drive to sell financial-services products to consumers could fizzle. |