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> Century Bank: Closing Time?

商品編號: 9-223-040
出版日期: 2022/10/31
作者姓名:
Cohen, Lauren H.;Headinger, Grace;Kwon, Bill
商品類別: Finance
商品規格: 11p

再版日期: 2023/01/10
地域: Massachusetts;United States
產業: Banking and investment industry
個案年度: 2022 -  2022

 


商品敘述:

Barry Sloane, second-generation Chairman, President, and CEO of his family''s bank, Century Bank, weighed whether to sell to Eastern Bank. As a small regional bank, Century faced a number of challenging trends, such as digitization and market share decline in the coming years, despite its past decade of top performance, balanced growth, and careful risk management. Whereas his father consistently refused to sell during his lifetime, Sloane worried this might be the last cash offer on the table for the bank. On the other hand, selling was an irreversible decision that would severe the family''s legacy and the next generation from the bank. Was it finally time for the Sloane family to part with Century Bank?


涵蓋領域:

Balancing work and family;Banks and banking;Decision making;Exit;Family businesses;Finance and investing;Interpersonal communication;Managing uncertainty;Mergers and acquisitions;Risk management


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