There’s only one true way to solve the deposit dilemma and other balance sheet challenges facing community banks as interest rates rise and QE unwinds: a targeted merger or acquisition. Invictus Chairman Kamal Mustafa, the former head of global M&A at Citibank, held an overflow room in rapt attention at the recent ABA convention in New York as he explained how and why M&A can propel a bank to success. Take a look an this excerpt from his
presentation.