Today’s post (the cover story of Bank Director’s current print issue) focuses on M&T, a Buffalo-based bank with $123 billion in assets. A long-form read, it looks at what’s behind M&T’s consistent success, why and how M&T works like a community bank + how M&T continues to play a significant role reshaping public schools.
According to Bank Director’s 2017 M&A Survey, sponsored by Crowe Horwath LLP, price is the top reason that potential buyers and sellers have walked away from a deal in the past three years.
With this morning’s news that Huntington and FirstMerit are set to merge, it is clear that more and more buyers and sellers are getting off the sidelines and into the bank M&A game. So in advance of Bank Director’s 22nd annual Acquire or Be Acquired Conference, seven M&A trends to consider.
Earlier this week, I shared my perspectives on bank M&A with the Wall Street Journal. What follows builds off the piece that ran in Tuesday’s print edition, highlighting key findings from Bank Director’s annual Bank M&A Survey. By Al Dominick // @aldominick At a time when J.P. Morgan is getting smaller, the pressure is on for smaller …
Continue reading “Size & Scale: The King and Queen of Bank M&A?”
This week, I’ve worked with our team to put the finishing touches on Bank Director’s agenda for our 20th annual Acquire or Be Acquired Conference. Widely regarded as the financial industry’s premier M&A event, the conference affectionately referred to as “AOBA” attracts bank CEOs, CFOs, Chairmen and outside directors from across the country to Arizona each January. …
Continue reading “Bank M&A: Dead, Dying, or Becoming Something Different?”
With today’s post, I connect a few dots, starting with a nod to the CEO transitions announced by Amazon and Merck. As you can see and read, the decisions of Kenneth Frazier and Jeff Bezos tee up a video filmed for Bank Director’s Inspired By Acquire or Be Acquired. With this new digital package now live, a wonderful opportunity for me to share a few lessons on listening, learning + leading c/o Richard Davis.
Thirty-four years ago, an Irish band came up with an album that sounded completely unique for its time. With the second track playing as I type this, additional insight on a new digital compilation going live on February 4.
When Livongo and Teladoc announced their $38 billion merger earlier this month, many lauded the deal as huge leap forward for digital health. I see some parallels to SunTrust and BB&T’s MOE, and share why in today’s post.
The merger and acquisition market is currently in a deep chill, thanks to the Covid-19 pandemic. It is unclear when deal activity will heat up, so who better to ask than Tom Michaud, the President and CEO of Keefe, Bruyette and Woods, A Stifel Company as part of Bank Director’s new AOBA Summer Series (#AOBA21).
The Bank Director team typically uses the summer months to jumpstart our preparation for January’s Acquire or Be Acquired Conference. While we’re developing potential approaches for our time in Arizona at the JW Marriott, we also are releasing something new in advance of the annual event.
It is a new, free, on-demand, “AOBA Summer Series” now available on BankDirector.com. Comprised of 10 unique perspectives on the banking sector, each video accounts for the types of issues we’d address today if our event took place during the summer, as opposed to winter.
This week, Bank Director published “Six Timeless Tenets of Extraordinary Banks
Executives.” This special project (which I summarize in today’s blog post) reflects numerous conversations with CEOs of top-performing banks. The report itself weighs in on the most important aspects of running prudent and profitable institutions. For anyone interested in how banks might weather our current storms, this post is for you.
NEW YORK, NY — Earlier this year, I sat down with Tom Michaud, the CEO of Keefe, Bruyette & Woods, a Stifel Company, to get his perspective on the state of banking here in the United States. With some $18 Trillion in assets, this industry is big, broad and incredibly influential. As part of our Looking Ahead …
Continue reading “5 Questions I’m Asking About The State of Banking”