A Must-Read Book on the Consolidation of the Banking Industry

Vienna, VA (PRWEB) February 27, 2008 -- Arnold G. Danielson, chairman and founder of Danielson Capital, LLC has written a book that clearly and accurately explains the consolidation process of the banking industry since the 1970's. As someone who has been closely involved with the banking industry, Mr. Danielson offers his insight and long-range perspective into the future direction of banking. With more than 1,300 copies sold to date, this book has industry leaders sharing their enthusiasm and excitement for a long awaited chronology of an important piece of history.

Hugh L. McColl, Jr., former CEO of banking industry giant, Bank of America, NationsBank and NCNB, writes, "I want to thank you for writing a book that tells it like it was. Your book is really a must read for any true student of the financial industry in our country. Thank you for writing it."

Larry K. Fish, Chairman of Citizens Financial Group, describes Mr. Arnold Danielson as "...one of the wisest and more fearless observers of our industry." He continues to say that "I was fortunate to have been on [Mr. Danielson's "good side" for part of the ride. Congratulations on an excellent chronicle."

National in scope, the book explains how changes in legislation influenced the industry and contributed to the expansion of bank branches across state lines. As an industry that has survived through economic and financial crises, banking has experienced countless bank and thrift failures as well as the emergence of numerous start-up banks and mergers and acquisitions of existing institutions.

With chapters that focus on specific regional trends, this book provides relevant information regarding the geographic banking markets and the history of leading financial institutions. Consolidation of Banking is essential reading for any and all individuals involved or interested in the banking industry. Copies of the book can be ordered through the company website, danielsoncapital.com, with quantity discounts, by contacting the firm directly, or through Amazon.

About Arnold G. Danielson:

Arnold G. Danielson is Chairman and founder of Danielson Capital, LLC. Mr. Danielson writes and speaks extensively on banking matters and his articles have appeared in nearly every major industry trade periodical.

Before forming Danielson Capital in 1978, Mr. Danielson spent six years with Maryland National Corporation where he served as Vice President of Corporate Development. In this capacity, he was responsible for the strategic planning and supervision of the internal and external consulting operations. Prior to that, Mr. Danielson was head of Planning and Acquisitions at Sybron Corporation, a Fortune 500 industrial firm, and an antitrust economist at the Federal Trade Commission.

From 1976 to 1980, Mr. Danielson served on the faculty of the Stonier Graduate School of Banking at Rutgers University. During this period, he authored Bank Strategic Planning: A Guide for Organizing and Managing the Process, which was published by the American Bankers Association. A native of Massachusetts, Mr. Danielson is a graduate of American University.

About Danielson Capital:

Danielson Capital, LLC, a leading financial advising firm, focuses on how to help management and boards of financial institutions adapt to the changes in the financial services industry and determine their future direction. Led by Mr. Arnold G. Danielson, Mr. David Danielson and Mr. Jonathan Holtaway, the company perennially ranks as a leader in merger and acquisition advisory services and has advised on acquisitions of banks, thrifts, insurance agencies, and bank and thrift branches with a combined transaction value in excess of $4 billion.

The firm provides a variety of services ranging from new bank startup advisory, strategic planning, merger and acquisition consulting, valuation services, as well as general bank consulting to local community banks and financial institutions nationwide. Leaders of the firm are often quoted for their expertise in the financial industry and regularly speak at bank board retreats and seminars. Mr. Danielson's Regional and National Reports which focus on recent industry trends, as well as the company's New Bank Report that includes quarterly updated statistics on local new banks, can be found on the company's website, danielsoncapital.com.

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