Posted on November 10, 2008 at 11:32 AM
Filed under: Acquisitions | Corporate Strategy | Crisis On Wall Street | Integration
Tagged: Bank of America , Barclays , Inside the Deal , J.P. Morgan Chase , Jess Varughese , layoffs , Milestone , talent retention

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It's ironic that amidst waves of bank employee layoffs, talent retention would be a concern among merging financial institutions. But keeping top talent is a key piece of the synergy puzzle for Bank of America Corp., J.P. Morgan Chase & Co., Barclays plc and other acquiring banks. In this edition of Inside The Deal, Jess Varughese, a managing partner of the financial services consulting firm Milestone, tells The Deal's Suzanne Stevens that even in these challenging times, banks will have to work hard to keep the most productive bankers from leaving. 



For more on this topic check out:

• Making megabanks

• More bank consolidation, more layoffs in a buyer's market

• Another round of bank layoffs

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