Sunday, January 26th
9:55 AM – 10:40 AM
Breakout III: Negotiated Deals Versus Auctions
Kirk Hovde, Managing Principal & Head of Investment Banking, Hovde Group, LLC
Jonathan Talcott, Partner, Nelson Mullins Riley & Scarborough LLP
From a seller’s perspective, which is better? Is it true that the auction will bring you the higher bid? Do negotiated deals offer better long-term value? Are there certain benefits and drawbacks inherent in each process when selling your bank? This session highlights the pros and cons of pursuing a negotiated deal versus running an auction process when selling your bank. The discussion touches upon the structure of each process, the price and consideration usually paid, the social issues that might come up, employment agreements and fiduciary duties among other matters.
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11:40 AM – 12:20 PMThe New Competitive Dynamics of Banking
Steven Hovde, Chairman & CEO, Hovde Group, LLC
Steve Williams, President & Partner, Cornerstone Advisors, Inc.
Moderated by: Al Dominick, CEO, Bank Director
This session explores how technology, competition, the regulatory environment and evolving customer expectations have changed banking and what bankers should be thinking and doing about the changes.
Click here to register and use code HOVDE2020 for a special discount.
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