Product details

This is a Simplified Chinese version. The merger of the Caribbean holdings of Barclays Bank Plc and the Canadian Imperial Bank of Commerce (CIBC) is going ahead, and the reality of integration of very diverse systems and procedures has to be faced. The case deals with understanding the current situation in terms of existing policies and designing policies that would be acceptable to employees from both banks in the organization - FirstCaribbean International Bank - which would be created by the merger. A critical aspect of the merger is the harmonization of compensation and benefits that must be resolved as a matter of priority. This case may be taught on a stand alone basis, or in combination with any of four additional cases that deal with various functional issues: (1) general management - 'CIBC and Barclays: Should Their Operations be Merged?'; (2) information systems - 'Information Systems at FirstCaribbean: Choosing a Standard Operating Environment'; (3) accounting and finance: 'CIBC Barclays: Accounting for Their Merger'; and (4) technical note - 'Note on Banking in the Caribbean'.