[Continuance of "A" and "B" cases.] Less than a month after the close of the merger between The Bank of New York and Mellon Financial, managers at the two companies comprehended that plans for combining their strength servicing businesses - and realizing the $180 million of annual cost savings they had sworn Wall Street - were filled with danger.
Senior executives must assess the seriousness of the risks and identify alternate ways of integrating the two companies, while safeguarding the technologies that procedure and clear a considerable fraction of the world's monetary trades.
PUBLICATION DATE: October 27, 2009 PRODUCT #: 210028-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE