Why The Slowdown In Financial Services M&A

February 16, 2023Posted inNewsletters
The following article was written by Edward D. Herlihy and Richard K. Kim of Wachtel, Lipton The recent approvals by the Federal Reserve and the Office of the Comptroller of the Currency of Bank of Montreal’s acquisition of Bank of the West punctuated a challenging year for obtaining regulatory approvals for bank M&A. Recessionary fears, lower stock valuations and concerns about a highly politicized regulatory environment combined to tamp down merger activity in the sector.…

Embedded Payments – The Future Of Expanded Distribution And Selling Baas

February 2, 2023Posted inPayments
In the past, the only way a small business, start-up or a consumer could gain access to the financial system (open a deposit account, borrow money etc.) was by approaching a bank.  Today, however, they can do so directly through their e-commerce platform or their accounting system (Quickbooks, for example).  A slew of software companies partnered with individual banks and technology providers to yield a one-stop shopping experience: easy, convenient and seamless. This process is…

Making Work Joyful: Playing To Your Strength

January 20, 2023Posted inGeneral Management
“People who utilize their natural…talents are much more fulfilled and successful than those who don’t. Teams and organizations that help people tap into their … talents are much more successful and productive than those who don’t.”  Patrick Lencioni, The Six Types of Working Genius”.  When I read the quote above, from Lencioni’s book recommended to me by a friend, it seemed too obvious to be said.  Of course we do much better, both performance-wise and…