There has been a merger trend in banking the last few years and banks are now beginning to feel the pressure to speed of the integration process; there are a lot of aspects to a merger, technology, culture, process and more; “The first 100 days will really set the tone on how this thing is going to move,” said Neil Dhar, Head of Financial Services at PricewaterhouseCoopers, to American Banker. “That is so critical.”; to help ensure the merger goes as smooth as possible the parties need to go over all aspects of the deal even before an agreement is reached; there are so many potential obstacles that knowing exactly what is expected will set the tone for the transition. Source.
