We look not only at the target’s financials but also the regulatory, operational, managerial, and other considerations that shape its outlook. Our evaluation process can encompass a whole bank or specific targeted areas such as a credit portfolio or supervisory status.
Promontory’s extensive experience in reviewing credit, governance, risk management practices and potential regulatory issues helps clients evaluate the true cost of a potential acquisition, including the expense of resolving identified deficiencies. We can advise prospective investors and buyers on companies to target and companies to avoid and, more important, those acquisitions regulators are likely to approve.
Our professionals combine public regulatory and private business experience with the ability to look inside potential acquisitions. This strengthens our clients’ competitive advantage and minimizes potential for future negative surprises. Experienced teams provide valuable insights and make the process more efficient in time and cost. Our teams include former bank examiners and senior supervisors from the four federal bank regulatory agencies, including the former Chief National Bank Examiner (OCC) and his counterparts at the Federal Reserve and FDIC. Promontory’s private-sector senior executives have topline experience at Goldman Sachs, JPMorgan Chase, HSBC, Bank of America, Wells Fargo, Citigroup, MetLife, Travelers, MBNA, KeyCorp and other major financial companies.