Smart Mergers Can Drive Growth - U.S. Banker - 2006/06/01 - SourceMedia

Report title: Smart Mergers Can Drive Growth

from SourceMedia
772 word report published Jun 01, 2006

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The first shot in a new round of bank consolidation was sounded with the merger of Capital One Financial Corp. and North Fork Bancorp. But this time, acquirers must focus on revenue growth, not cost reduction, to justify purchase premiums....

Source:

U.S. Banker

Author:

By Dave Kaytes and Rick Spitler, Managing directors of Novantas LLC

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SourceMedia, Inc. is a leading publisher and information provider for professionals in the financial services and related technologies markets. Key publications include Accounting Today, American Banker, Financial Planning, National Mortgage News, Securities Industry News, and The Bond Buyer, as well as several other well-known and respected magazines and newsletters.

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