Client Comments
- "The session was really informative relating to the types of financial qualifications that make a financially strong bank regardless of size. It was interesting to see that there really is an identifiable recipe for success." - Federal Bank Regulator
- "Thank you for everything you and your team do for us! You guys keep us straight and move our programs forward with amazing insight. We couldn't do it without you." - Direct Marketing Exec at top 20 Bank
- "We are very pleased with the strategy and follow-up work. You exceeded what we were hoping for; you delivered the facts, and held us accountable for making the tougher decisions" - President of a Regional Bank
- "Thank you from an incredibly grateful banker in the very heart of the worst markets. You helped save us, and the value of it is really beyond words or monetary quantification. I have learned more about banking working with FMCG than I ever imagined possible." -COO and President of a regional bank
- "Your presentation was most appreciated by the Board. It brought them into focus. " -Chairman of a top 10 bank
- "The employees at First Manhattan have demonstrated what a first-class client-consulting partnership is all about." -EVP of a regional bank
- "I have long agreed that First Manhattan has understood the bank industry as have few other consulting firms. I am grateful for your latest insights on cost control." -President of a top 5 bank
- "Many, many thanks for your incredible support. Your guidance influenced our strategy and our stock price!" -EVP of a major regional bank
- "Whoever at FMCG designed the deposit pricing model is brilliant, it's ingenious in how it works. Our NIM growth is all due to WAMP".-Regional bank president
- "The best segmentation work I have seen"! (In reference to FMCG's work in small business banking). -Senior marketing exec at a top 20 bank
- "I've always been impressed by your firm's work and refer to it (with attribution) often when I give presentations on the industry." -CEO of a regional bank
- "The merger could not have happened without FMCG's considerable input. I am personally delighted that our relationship will not only continue as we move into the transition, but gives every indication of broadening further." -CEO of a regional bank
- "I just wanted to thank you and your team for all of the work you have put into establishing a Private Banking financial scorecard. The pace and outcomes are great and will really take us forward next year in terms of providing insightful decision support." -Finance Director of one of the worlds 20 largest banks
- "We're all set. All done. Thanks to FMCG's due diligence support, we are confident of our decision." -Principal of a private equity firm
- "The analysis presented to the Board was very valuable. Many directors had positive comments." -CEO of a regional bank
- "A number of the Board members have told me that this was the best planning meeting that we have ever had.... You addressed a lot of important issues, and it was done in an understandable and effective way." -CEO of a regional bank
- "The quality of the content and the insights was simply superb. You did a marvelous job with the issues that we have been trying to bring to the table with our Board for eighteen months." -CEO of a regional bank
- "Your colleagues contributed significantly to the success of our department and therefore the bank, and have been of great assistance to me over the last four years." -EVP and head of IT and Operations at a top 10 bank
- "Many thanks for the excellent presentation to our Board of directors. We had a number of very positive comments about your views and the presentation, and I really think it was very helpful to get the entire Board focused on some of the future challenges." -CEO of a regional bank
- "The best banking consultancy in the world ... is First Manhattan Consulting Group." -CEO of a top 3 Australian bank
- "Thank you for your testimony before the Senate Committee on Banking, Housing and Urban Affairs. First Manhattan certainly has done an in-depth analysis of the banking industry-which, I am sure, was taken into consideration by the Committee in its deliberations." -previous president of the World Bank
- "First Manhattan's work led to some of my proudest accomplishments. This was the first time I saw all our organizations work together under a strategy." -Senior executive at one of the largest mortgage lenders
- "The success of our strategy project was due in large part to our excellent working relationship and your responsiveness to our needs. Your staff provided quick turn-around and were a pleasure to work with." -Head of planning of a top 25 bank
- "Thanks again for a truly professional job. Your insights were distinctive and turned out to make the difference." -Group systems director at a major UK bank
- "Your presentation at our technology symposium was right on the mark. Your discussion on the relationship of the technologist to the line were as thoughtful and understandable by all players as any I've ever seen." -Vice chairman of a top 10 bank
- "Thank you again for the superb job you did at our Board planning meeting. Your presentation was not only thought-provoking, but also set the stage for some key decisions by the Board." -CFO of a regional bank
- "I enjoyed your thought-provoking presentation at our senior management meeting. At the same time, I found some of your comments troubling because it is apparent that we have not appropriately configured our company, neither organizationally nor from an MIS standpoint, into logical, well-defined strategic businesses. As a result, we are not focused on the return on equity we are generating from our various businesses. I now know that we will have to fix this." -President of a regional bank
- "Thank you! Thanks so much for the splendid presentation you made to our retail banking operating committee. You clarified the purpose of strategic cost management, and more importantly, the rationale of the recommended approach." -SVP and head of Ops/IT at a major regional bank
- "The wholesale side of the bank has indeed made good progress in reducing expenses and generating incremental revenues. You gave us a lot of excellent ideas a few years ago and the results are pretty obvious." -CEO of a top 10 bank
- "Your presentation to our Board was outstanding. Part of the quality of that presentation, of course, stems from a presentation style honed on years of experience as a consultant dealing at the highest levels." -CEO of a community bank
- "Many thanks for your tremendous contribution. Your insightful views, issues, and questions made for a stimulating Board meeting providing a solid base for further discussion." -Chairman of a top 5 U.S. bank
- "There is no question that your presentation elicited some very strong opinions and stimulated some very careful thought that will carry forward well beyond the session." -Chairman, Strategic Policy Committee, of a major bank
- "Thank you for your testimony to the Senate Committee on the need to transform banks into intermediaries that earn appropriate returns on their equity. You are one of the few that I have read who has traced through the effect of ever-increasing capital ratios set by the regulators." -1986 from Walter Wriston, CEO, Citicorp
- "Thanks for your kind note on my promotion. In all candor, I honestly feel that the work that FMCG has done for my firm has had a key part in my advancement as well as the firm's. Obviously I really appreciate it." -President of a major investment bank and brokerage firm
- "First Manhattan Consulting Group did a fantastic job once again." -Managing director and head of Ops and IT at a major regional bank
- "I had an opportunity to read your testimony before the Senate Committee on Banking, Housing and Urban Affairs. I thought your comments were extraordinarily incisive and really described the problem we in the banking industry are facing." -SVP and head of strategy at a top 10 bank
- "Now that the cash management study has been completed, I wanted to express our appreciation for the work performed. All of our managers and staff who participated were highly complimentary of the firm's experience, knowledge, and approach." -CAO of a top 20 bank
- "Thank you for sending me a copy of First Manhattan's 'Perspective on the U.S. Commercial Banking Business.' I have shared it with members of our staff who work in this field." -previous Chairman of the Federal Reserve
- "Your presentation was one of the best ever covering strategic issues and a competitive survey of banks." -CEO of a regional bank
- "Thank you for your friendship and for being such an important force in this tough industry of ours." -President of a major regional bank
- "Your firm is really doing great work for us and we look forward to your help on future issues." -SEVP of a top 10 bank
- "The attached letter from a satisfied customer is a good example of how our efforts are paying off! This is how we win!" -President of a community bank