Mergers & acquisitions

The credit crunch is changing the face of global banking. Ancient institutions have found themselves unable to continue to operate independently while seemingly well capitalised, aggressive institutions see the potential for growth opportunities.

Depressed market and currency valuations mean financial services institutions should be considering their peers not just as competitors but also as potential partners, parents or subsidiaries. In today’s global market, that may mean looking far beyond your usual competitive set.

Achieving a fair valuation for your shareholders in this environment means taking steps now to ensure your business is fit for merger. This includes:

• Understanding the cultural fit of your business within your global financial services peer group;
• Understanding the capabilities and skills gaps within your senior talent pool, and
• Identifying and monitoring potential targets as early as possible to gain a deep understanding of them well before any advance is made.