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Note: The next SNL Bank M&A Symposium is scheduled for October 2010. The material below is from the most recent (October 2009) session.
To receive information on the October 2010 session as it becomes available, click here.
Day One - Tuesday, October 6th
Registration with continental breakfast opens at 7:30 a.m.
8:30 a.m.
Welcome Remarks
Gregory W. Gartland
Managing Director,
SNL Center for Financial Education |
8:40 a.m.
Keynote Address
H. Rodgin Cohen
Chairman,
Sullivan & Cromwell LLP |
9:20 a.m.
Investment Bankers' Assessments and Predictions
The current state of M&A in the bank industry. Recent valuation multiples and pricing drivers. What are the likely drivers of
M&A in 2010 and thereafter? How can M&A be used strategically in this environment? Capital considerations in deal making. Ways for management to maximize transaction value.
John A. Mahoney
Managing Director, Goldman Sachs |
Tim Main
Managing Director and Co-Head of Global FIG, J.P. Morgan |
Joe Moeller
Managing Director , Keefe, Bruyette and Woods |
Brian Sterling
Principal and Co-Head of Investment Banking, Sandler O'Neill & Partners |
Mark J. Menting (moderator)
Partner, Sullivan & Cromwell LLP |
10:40 a.m.
Refreshment Break
Sponsored by McGuire Performance Solutions

11:00 a.m.
Regulation and Stimulus: The Role of the Government in Bank M&A Today
What has been the net effect on bank M&A of the myriad of stimulus programs? How do the lingering impacts of TARP and other programs promote or impede future transactions? What are the benefits and risks of mergers from the regulator's perspective and what are the key hurdles the banks need to overcome to gain regulatory approvals?What will the Obama Administration's proposed changes in the regulatory landscape mean for different bank and thrift operators and their acquisition strategies?
Deborah P. Bailey
Director, Governance, Regulatory and Risk Strategies, Deloitte |
John Esposito
Managing Director, Head of Depository Institutions, Morgan Stanley |
Brian Gardner
Senior Vice President of Washington Research, Keefe, Bruyette and Woods |
Joseph Jiampietro
Senior Advisor for Markets, Office of the Chairman, Federal Deposit Insurance Corporation |
Timothy W. Long
Senior Deputy Comptroller, Bank Supervision & Policy and Chief National Bank Examiner, Office of the Comptroller of the Currency |
Mitchell S. Eitel (moderator)
Partner, Sullivan & Cromwell LLP |
12:30 p.m.
Luncheon and Luncheon Address
Bank M&A: What if?
A veteran research analyst long noted for the strength of her views on the banking industry, Nancy Bush will bring her candor to an independent analysis of how consolidation has affected the industry.
Nancy A. Bush
Managing Member, NAB Research |
2:00 p.m.
Views from the Top: M&A as a Tool for Addressing Strategic Uncertainty
A discussion of the banking landscape and strategic rationales for deal-making. What should bank leadership be doing to navigate this difficult period? How to be an attractive target to an active buyer. What is the longer- term outlook for the bank sector? How should Board of Directors approach deal-making?
Joseph R. Ficalora
Chairman, President and CEO, New York Community Bancorp |
Henry L. Meyer III
Chairman and CEO, KeyCorp |
Philip R. Sherringham
President and CEO, People's United Bank |
H. Rodgin Cohen (moderator)
Chairman,
Sullivan & Cromwell LLP |
3:30 p.m.
Refreshment Break
3:50 p.m.
Capital Is King: The Role of Private Equity in Bank Transactions
The state of private equity in banking. Key considerations for identifying attractive targets. Changing regulatory requirements and the view on BHC status. The complexities of taking public entities private. After the transaction: operating a bank with PE owners. Lessons learned from key transactions.
David A. DeNunzio
Vice Chairman, Mergers and Acquisitions, Credit Suisse |
John A. Kanas
Chairman, President and CEO, BankUnited |
John J. Oros
Managing Director, J.C. Flowers & Co., LLC |
Nicholas Paumgarten
Chairman, Corsair Capital, LLC |
William J. Ruh
Managing Principal, Castle Creek Capital |
Nathan Stovall (moderator)
Senior Industry Editor, SNL Financial |
5:30 p.m.
Cocktail Reception
Sponsored by Metavante

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Day Two - Wednesday, October 7th
Continental breakfast opens at 7:30 a.m.
8:30 a.m.
Branch, Asset and FDIC-Assisted Transactions
Capitalizing on opportunities for branch or asset acquisitions and dispositions. Valuing branch versus whole-co deals. Key considerations around distressed deals. Lessons from significant recent transactions. Loss-sharing agreements. Post-deal considerations: retaining customers and deposits.
John R. Davis
Senior Executive Vice President, IBERIABANK Corporation |
Rick E. Maples
Co-Head of Investment Banking, Head of Financial Institutions Group, Stifel Nicolaus & Co. |
James Wigand
Deputy Director, Division of Resolutions and Receiverships,
Federal Deposit Insurance Corporation |
Christopher Wolking
Senior Executive Vice President and CFO , Old National Bancorp |
Mitchell S. Eitel (moderator)
Partner, Sullivan & Cromwell LLP |
9:40 a.m.
Refreshment Break
10:00 a.m.
Devil in the Details: Due Diligence and Accounting Considerations
What is the appropriate level of due diligence and scrutiny in this environment? Where should the focus be and what are the leading indicators to identify? What is accurate valuation, how should we evaluate the quality and value of the loan portfolio? Key considerations in merger accounting: fair value, impairment testing, intangibles, expensing advisory fees and other evolving twists and turns.
Daniel T. Bass
Managing Director, The Carson Medlin Company |
Terrance R. Dolan
Executive Vice President & Controller, U.S. Bancorp |
Miguel Sagarna
Principal, KPMG |
Ellen Zimiles
Co-Founder and CEO, Daylight Forensic & Advisory LLC |
Mark J. Menting (moderator)
Partner, Sullivan & Cromwell LLP |
11:15 a.m.
Refreshment Break
Sponsored by Ernst & Webb

11:30 a.m.
Lessons Learned
Creative deal structuring and legal considerations. Considering minority vs. majority stakes and non-traditional buyers. What are the considerations related to disposing of distressed assets? Best practices for negotiation and tackling social issues. What is the role of the Board and how to best manage the Board? Post-merger-integration considerations during deal design and negotiation.
Ajay Asija
Managing Director, Fox-Pitt Kelton Cochran Caronia Waller LLC |
Emmett J. Daly
Principal, Sandler O'Neill & Partners |
Richard E. Fowler
Executive Vice President, Mergers & Acquisitions, Branch Banking & Trust Co. |
Jason B. Polun
CFA, Equity Research Analyst, US Large Cap Banks, T. Rowe Price |
Nathan Stovall (moderator)
Senior Industry Editor, SNL Financial |
12:45 p.m.
Closing remarks
Buffet lunch follows.
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