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Bank mergers present painful integration challenges (VIDEO)

The current Wall Street financial crisis has seen JPMorgan Chase buy Washington Mutual (as well as Bear Stearns), and Bank of America acquire Merrill Lynch. But integrating firms' systems after a merger is a major challenge.

The current Wall Street financial crisis has seen JPMorgan Chase buy Washington Mutual (as well as Bear Stearns), and Bank of America acquire Merrill Lynch.But integrating firms' systems after a merger presents a number of major and painful challenges, Brad Johnson, VP of consultancy SystemExperts, tells WS&T...

The current Wall Street financial crisis has seen JPMorgan Chase buy Washington Mutual (as well as Bear Stearns), and Bank of America acquire Merrill Lynch. But integrating firms' systems after a merger is a major challenge. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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