Merger of Equals: The Integration of Mellon Financial and The Bank of New York (A)
Posted: 23 Nov 2009
Date Written: October 27, 2009
Less than a month after the close of the merger between the Bank of New York and Mellon Financial, managers at the two firms realized that plans for combining their asset servicing businesses - and realizing the $180 million of annual cost savings that they had promised Wall Street - were fraught with risk. Senior executives must evaluate the seriousness of the risks and identify alternative ways of integrating the two firms, while safeguarding the technologies that process and clear a substantial fraction of the world's financial transactions. [Continues with "B" and "C" cases.]
Suggested Citation: Suggested Citation
Taliaferro, Ryan and Rose, Clayton S. and Lane, David, Merger of Equals: The Integration of Mellon Financial and The Bank of New York (A) (October 27, 2009). HBS Case No. 210-016, Harvard Business School Finance Unit, Available at SSRN: https://ssrn.com/abstract=1511700
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