The Trustee Savings Bank can trace its roots back to the first savings bank founded by Henry Duncan in Ruthwell, Dumfriesshire in 1810. But its recent history has been a roller coaster and banking systems are at the heart of that story. Thirty years ago the Trustee Savings Bank was a up and coming UK bank – …
Category: Mergers & Aquisitions
Nov 14
Bigger is Better
The benefits of Mergers and Aquistion are simply economies of scale. But are there limits to growth? – This article in the Economist argues that there are – and that it is common to overestimate the benefits. This article from McKinsey looks at where mergers go wrong. Most buyers routinely overvalue the synergies to be …