
Handling the Risk of M&A
Atlanta-based State Bank Financial Corp. is fairly unique in that it uses a corporate psychologist who helps the bank assess the personalities that are the right fit for State Bank. Steven Deaton, the executive vice president and enterprise risk officer of State Bank, talks with Bank Director digital magazine’s Naomi Snyder about how the bank approaches due diligence and the risk of M&A.
He describes:
- the importance of assessing culture in the organization you acquire
- how the bank uses a corporate psychologist
- the bank’s approach to M&A strategy
This article first appeared in the Bank Director digital magazine.