Mergers and Acquisitions in Banking

Banks are once again turning to M&A as a way to resume growth and achieve high performance. With the rise of developing markets, cross-border M&A activity in banking has increased.

 Read Cross Border Banking: An Accenture Study of Cross Border Mergers and Acquisitions in Banking

 Listen to the podcast: M&A Insights: Shifting Gears in a changing market as Accenture’s Bruce Kiene discusses mergers and acquisitions in the banking industry, including opportunities for North American banks, integration challenges and emerging trends.

Today’s financial services institutions are in need of a new blueprint to adapt and thrive in a volatile and evolving landscape.

Accenture helps banks realize high performance through mergers and acquisitions and alliances by providing assistance throughout the life cycle of this most challenging of corporate activities.

With hundreds of bank mergers successfully supported, Accenture has the planning and delivery experience in M&A as well as the deep insight into capturing the value of each deal to help clients navigate these treacherous waters successfully.

Read Mergers & Acquisitions: Planning and Executing for Success [PDF, 356KB]  PDF Help These days, a sophisticated customer retention strategy is all the more crucial when planning a merger or acquisition. The right approach to M&A deal-making can help financial institutions stay engaged with customers, improve the business model and fend off competitors while accelerating value capture.

BBVA: Banking Acquisition and Integration
The challenge was to transform BBVA's institutions into more efficient organizations devoted to universal banking.

Bank Austria: Banking Post Merger Integration
Following the acquisition of the Austrian bank Creditanstalt, Bank Austria decided to integrate several central banking functions such as back-office processes, customer relationship management systems and IT systems.

Asian Banking Group: Bank Merger Integration
CIMB needed to quickly integrate its new acquisition to realize merger synergies (both cost and revenue) and carry out the merger integration exercise without destroying any value or losing key customers

Contact us to find out how Accenture can help your organization achieve high performance through mergers and acquisitions.

• Accenture knows how to maximize synergy and minimize time to value.
  
  
• Accenture’s approach is based on upon deep knowledge of the financial services industry. We have some 30,000 financial professionals serving clients that include all of the top 50 banks, 14 of the top 15 investment banks, 19 of the top 20 money managers and 39 of the top 40 insurers.
  
  
• Accenture can rapidly mobilize its team of seasoned M&A specialists to help clients anywhere in the world.
  
  
• Accenture’s ability to support clients across the full M&A life cycle speeds integration and reduces risk.
  
  
• Accenture can help clients use merger integration to transform their operational models and reduce costs. Mergers can be the catalyst for a new operating model that reduces cost.
  
  
• Accenture often shares risks and rewards with M&A clients—our willingness and ability to align compensation with realized savings and revenue synergies helps ensure productive behavior.
  
  
• Accenture’s pre-deal due diligence is second to none.
  
  
• Accenture’s global workforce of more than 186,000 includes professionals with deep skills and leadership in business management, customer retention, IT and HR.
  
  
• Accenture offers proven playbooks, methodologies and proprietary tools to accelerate merger integration and achieve synergies.

Accenture offers a full range of services to support banks across the entire M&A life cycle:

• Merger design.
• IT target platform selection.
• Definition of master plan.
• Divestment strategy and support.
• Program management.
• IT integration.
• HR and change management.
• Management of multiple integration streams.

Accenture also offers a range of tools to assist in delivering these services:

• Culture Value Analysis Tool.
• IT Migration Engine.
• Customer retention algorithms and framework.
• High Perfomance Bank, a framework and methodology to help banks achieve high performance as measured by total return to shareholders.