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Cost reduction and efficiency used to be the paramount goals of bank M&A. With regulatory barriers down, today the field is wide open, and boards are looking at strategic mergers and acquisitions as a means to support cross-industry expansion.
With deposit growth hitting rock bottom, banks of all stripes are facing a funding crisis. Here’s what directors need to know about ferreting out alternative sources for bank funds.
A little bank in Kansas has grown into one of industry’s movers and shakers. Gold Banc has set its sights on expansion and doesn’t want to play by anybody else’s rules.
A spate of corporate accounting scandals has renewed interest in the role of the board’s audit committee, and members are now held to higher standards for independence and accountability. For banks, though, it’s a little like preaching to the choir.
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