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News & Commentary
Content tagged with Management Strategies posted in September 2007
IT Costs - If Nothing Else (And There Is A Strong "Else"), It's About "Truth In Reporting"
News  |  9/28/2007
In banking, it's generally accepted that peer comparisons are good measures.
Live from BS&T Executive Summit: An Inside Look at The Bank of New York Mellon Integration
News  |  9/25/2007
Mergers and acquisitions are a fact of life in the financial services industry. If experts are correct, they will only pick up in pace in the coming months. One of the most recent mergers of note in the banking world involves that of The Bank of New York and Mellon Financial to form The Bank of New York Mellon. Mergers are never easy. And when it involves two financial institutions with over 100 years of experience each, integration becomes even more of a potential nightmare.
When It Comes To Figuring Out The Cost Of It, Bankers Stop Short, Vendors Low Ball It In Their Proposals, And Consultants Pour It On
News  |  9/17/2007
As a consultant, I have worked for 4% of all small banks, 5% of all medium size banks and 14% of the 111 large banks in the U.S. My consulting practice includes 16 services. The second most popular one is an analysis of a bank's IT expense. A significant part of every project for all banks has been performed in the departments that the CFO covers - all functions having to do with accounting.

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