Assembling the Iron Triangle

Holman, Kelly
December 2009
Mergers & Acquisitions Report;12/14/2009, Vol. 22 Issue 50, p15
The article examines the trend of hiring former bank regulators among private-equity firms wanting to address regulatory hindrances in acquiring banks or establishing new ones. In August 2009, WL Ross hired former U.S. Federal Housing Finance Agency director and chairman James Lockhart while former Philadelphia Federal bank examiner while Paul Pilecki has become a partner at Winston & Strawn LLP. According to Brian Golson, a managing partner of Parthenon Capital Partners, former regulators' level of knowledge helped firms through transactions.


Related Articles

  • Fund companies scramble to keep banks on board in flood of mergers. Kapiloff, Howard // American Banker;11/2/1995, Vol. 160 Issue 212, p1 

    Focuses on the efforts of mutual fund companies in the United States to keep banks as outlets for their products amid the merger wave in the banking industry. Banks' scrutiny of fund companies; Determination on the part of mutual fund companies to strike sales agreements with banks.

  • B of A Consolidates Funds, Picks Columbia Name. Ackermann, Matt // American Banker;6/2/2005, Vol. 170 Issue 105, p7 

    Reports that Bank of America Corp.'s asset management arm is consolidating the mutual funds it acquired with FleetBoston Financial Corp. and adopting Fleet's Columbia brand name for the unified fund family. Comments by Keith Banks, president of Columbia Management Group, on trying to simplify by...

  • ABA grades bank satisfaction with fund companies. Ingenito // Bank Investment Consultant;Aug99, Vol. 7 Issue 8, p10 

    Highlights the results of the ABA Securities Association's Bankers' Report Card on mutual fund companies, as part of its 1999 national survey of bank retail investment services in the United States. Bank satisfaction with fund companies; Liberty Financial Cos. and the Hartford as among the...

  • Can--or Should--Banks Buy Into Celebrity Fund Management? Sraeel, Holly // Bank Investment Consultant;Jul2000, Vol. 8 Issue 7, p12 

    Examines whether banks should buy into the celebrity fund management business in the United States. Correlation between the fame of the fund manager with the performance of a mutual fund; Performance of banks in proprietary fund management; Reasons for the banks' failure to command large market...

  • Celebrity Fund Managers. Hintze, John // Bank Investment Consultant;Jul2000, Vol. 8 Issue 7, p34 

    Focuses on the performance of banks entering the proprietary mutual fund management business in the United States. Share of bank mutual funds in the mutual fund market; Issues on the hiring of top fund managers; Factors contributing to the bank's lack of market share in the industry; Challenges...

  • After Best Bank B/D Performance In 2 Years, Brokers Ask: What's Next? Krebsbach, Karen // Bank Investment Consultant;Jul/Aug2002, Vol. 10 Issue 6, p38 

    Focuses on the performance of Series 7 bank brokers in the U.S. Average retail investment-sales of the brokers; Percentage of monthly broker productivity; Total percentage of the revenue from mutual funds.

  • Bankers take aim against money funds. Smith, Edward F. // ABA Banking Journal;Mar1980, Vol. 72 Issue 3, p4 

    Reports developments related to the banking industry in the U.S. as of March 1980. Aims of bankers on mutual funds; Support of American Bankers Association on deregulation of banks; Negotiable order of withdrawal accounts.

  • Banks and thrifts that manage mutual fund assets.  // American Banker;05/14/97, Vol. 162 Issue 92, p14 

    Presents a list of banks which manage mutual fund assets in the United States as of March 31, 1997. Ranking; Total proprietary fund assets; Number of portfolios.

  • Top 25 banks and thrifts that manage retail mutual fund assets.  // American Banker;05/14/97, Vol. 162 Issue 92, p16 

    Presents a list of banks and thrifts which manage retail mutual funds in the United States ranked by proprietary assets as of March 31, 1997. Number of portfolios by type.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics