M&A Best Practice Tag

Driven by increasing client numbers and demand in North America, BTD is pleased to announce the official opening of BTD LLC, located at 10 Post Office Square in the center of Boston’s financial district. The practice, led by BtD Partner Nick Palmer, will accelerate the...

My colleagues and I have spent much of the past month speaking at conferences, meeting acquisition and integration professionals, heads of strategy and CEOs across Europe and the US, and listening to their plans, hopes and concerns for the coming year. These discussions along with...

Last week two blistering reports came out on the subject of supposed wrong doing, incompetence and poor leadership in banks. First was Anthony Salz’s report on Barclays culture prompted by the bank’s attempt to rig Libor and yesterday’s Parliamentary Commission on Banking Standards  pinpointing three senior executives once at the top of HBOS with indications that these people might never be able to work in financial services again. In addition, RBS investors launched a class action lawsuit against the bank and former directors including the ex CEO Fred Goodwin. They are looking for £4bn in compensation. Not surprisingly all these projects were managed by those outside the organisations which does not say much for the degree of internal self discipline and self analysis which their existing culture engenders.