Mindful management for merger mania

Bank mergers can be successfully achieved with proper planning and execution. The CEO undertaking the process should realize the difficulties the activity entails and should formulate a realistic vision for the new entity. Furthermore, the CEO should make rational decisions on personnel appointments and should continually communicate with the employees. Finally, the CEO must quickly implement all decisions and provide for postmerger planning.
Merger mania is once again taking hold of the banking industry. Yet, without proper management of all facets of a merger, from finding the right partner to negotiating the deal [...]