BusinessBusiness

And The Worst Bank Merger Of All Time Is.....

posted: 1 year ago

No Profits Merge Sign

A couple of years back, we undertook a poll of our readers to find out what they thought were the worst bank mergers of all time.

2,375 readers took part in the poll.

As bank M&A is back in the news again (UBS co-head of financial institutions Gary Howe has said that he expects deal-flow from the bank sector in the next 6-12 months), we thought we'd republish the results.

 Here's the full Top 30 'worst' deals:

1. Royal Bank of Scotland / ABN Amro

2. Bank of America / Merrill Lynch

3. Citibank / Travellers Group

4. Credit Suisse / DLJ

5. Fortis / ABN Amro

6. Wachovia / Golden West

7. Commerzbank / Dresdner Bank

8. General Electric / Kidder Peabody

9. Allianz / Dresdner Bank

10. Midland Bank / Crocker

11. Cargill Investor Services / Refco

12. Hypo Real Estate / Depfa Bank

13. HSBC / Householder Finance Corporation

14. UBS / Paine Webber

15. Dresdner Bank / Wasserstein Perella

16. Union Bank of Switzerland / Swiss Bank Corporation

17. JPMorgan Chase / Bank One

18. Dresdner Bank / Kleinwort Benson

19. Deutsche Bank / Bankers Trust

20. Wells Fargo / Wachovia

21. Lloyds TSB / HBOS

22. Morgan Stanley / Dean Witter

23. Prudential Securities / Wachovia

24. ING / Barings

25. Societe Generale / Hambros Bank

26. EF Hutton / Shearson Lehman

27. JPMorgan / Chase Manhattan

28. Deutsche Bank / Morgan Grenfell

29. Banque Nationale de Paris / Banque Paribas

30. Chase Manhattan / Chemical Bank

blog comments powered by Disqus
Recruitment Firms We Like
Training Firms We Like

Latest in Business

back-up
more