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What the Match Has Going for It--And What Could Go Wrong

PROS
-- NationsBank gets instant credibility in securities

-- Deal gives bank a toehold in the key California market and may portend a bank purchase there

-- NationsBank's commercial-banking abilities dovetail with Montgomery's equity-financing strength


CONS
-- NationsBank's McColl and Montgomery's Weisel underwriting, especially in health care and technology have sizable egos, which could cause sparks

-- Paying a pricey 10.6 times book value could reduce NationsBank's return on investment

-- With just 68 Montgomery partners dividing $1.2 billion, it will be tough to motivate them



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Updated July 4, 1997 by bwwebmaster
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