Bank M&A's Newest Perils
Published March 21, 2013 3:42 PM
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Updated February 10, 2020 10:45 AM
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Making bank buyouts work has long been a risky business. As the sudden ouster of First Niagara (FNFG) CEO John Koelmel shows, it may have gotten riskier still. Behind the perils are the complications of conducting due diligence, evaluating troubled assets, navigating regulations and pleasing dilution-averse shareholders.