Merger of Equals: The Integration of Mellon Financial and the Bank of New York (B)

Posted: 23 Nov 2009

See all articles by Ryan Taliaferro

Ryan Taliaferro

Acadian Asset Management

Clayton S. Rose

Harvard University - Business School (HBS)

David Lane

Harvard University - Business School (HBS)

Date Written: October 27, 2009

Abstract

[Continuation of "A" case.] 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 "C" case.]

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 (B) (October 27, 2009). HBS Case No. 210-025, Harvard Business School Finance Unit, Available at SSRN: https://ssrn.com/abstract=1511723

Ryan Taliaferro (Contact Author)

Acadian Asset Management ( email )

260 Franklin Street
Boston, MA 02110
United States

Clayton S. Rose

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

David Lane

Harvard University - Business School (HBS) ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States

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