The Boston Globe features Nutter’s Banking and Financial Services Group’s 2015 dealsPrint PDF
The Boston Globe featured the firm’s Banking & Financial Services Group’s deals for 2015 in its “Bold Types” column, noting that the firm says it has either closed or advised on eight New England bank mergers in 2015. Kenneth Ehrlich, co-chair of the Banking and Financial Services Group, notes that new Dodd-Frank requirements for local banks are a driving force behind the uptick in mergers, as an increasing number of community banks — particularly those where the CEOs are retiring — look for the safety of a bigger partner. “There’s a certain amount of governance fatigue,” he said. “The visceral reaction [against mergers] has lessened.”
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