M&A is resurgent in US banking
Bain – Key takeaways:
- US banks are keen on mergers, spurred by regulatory easing, reduced unrealized losses, and market consolidation;
- Successful past mergers focus on local leadership rather than national growth;
- Winners in M&A understand the importance of IT integration and collaboration for smooth transitions;
- Maintaining customer trust and avoiding service disruptions are vital to prevent defections and reputational harm.
Source: https://www.bain.com/insights/m-and-a-is-back-in-us-banking/