It is also essential to manage the process carefully. Banks should consider three more points:
- M&A governance: Make the right decisions using the right people at the right time, making sure the technology is aligned.
- M&A performance management: Measure success correctly, both in leading and lagging indicators, and reward performance based on them.
- M&A knowledge management: Leverage and apply lessons from past deals.
Asia has the potential for robust financial services M&A this year. What is imperative is to focus on the strategic rationale and execute to that plan - in order to be amongst the success stories of the future.