| Headline: Bank mergers - Lessons of McColl's long march Source: Euromoney Date: February 2000 Author: James Smalhout Is there a North Carolina-style dynamo waiting to whir into action in some unconsidered part of Europe? Or is the coast-to-coast merger triumph of what was once NationsBank and has now taken on Bank of America branding something that can't be replicated outside the US? Certainly, things are going to go differently in the EU, but bank experts reckon there's a lot to be learnt from US merger mania. The views of the new Bank of America's James Hance and Frank Gentry, and of others eyeing Europe, are sifted by James Smalhout
McColl compared running NationsBank to driving a racing car at 100 miles per hour and changing tyres without stopping. |