Kovacevich's Delayed Retirement: Bove's Criticism is Totally Off Base [View article]
Wells Fargo & Co has a great record for their merger and integration of other banks and financial institutions. When Norwest Bank merged with Wells Fargo, Norwest was the survivor. That merger is considered the best and smoothest mid-sized bank merger in history, masterminded by Dick Kovacevich who was CEO of Norwest at the time. He is still onboard and this merger is his baby. I am sure he will make this his "crowning achievement". Give him time, he has the best management team in the industry!
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Wells Fargo & Co has a great record for their merger and integration of other banks and financial institutions. When Norwest Bank merged with Wells Fargo, Norwest was the survivor. That merger is considered the best and smoothest mid-sized bank merger in history, masterminded by Dick Kovacevich who was CEO of Norwest at the time. He is still onboard and this merger is his baby. I am sure he will make this his "crowning achievement". Give him time, he has the best management team in the industry!
Nov 07 11:28 am
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