Federal regulators are becoming more and more receptive to large bank deals — bank merger approvals have sped up under the Trump administration. As the landscape resets to include larger combinations, the financial rationale is dependent upon combining institutions exploring and addressing the needs of all constituents impacted by these mergers.
The staff of a bank is vital to its success, as customers want to know they’re working with good people. That’s why banks have to keep employees top of mind during mergers to ensure a smooth transition. In “Adopt an employee-first methodology for optimal management during a bank merger”, recently published in International Banker, Rick Hall, our Managing Director of Banking and Financial Services discusses how to keep employees at the center of the merger.