Moniker “BoNY M” cited as evidence of lack of forethought in BNY/Mellon Merger

08 Dec 2006

IPE.com reports today that some clients aren’t comfortable with the merger between Bank of New York and Mellon Financial.  As evidence of what IPE.com says might be a rush to the alter, it cites how the merged company now shares the same name as 80’s Euro-disco band “Boney M“.  Says IPE.com:

“The fact the deal was done in five to six weeks – and that the PR own goal of the BoNY M name was allowed to pass – is seen as evidence that it was put together too fast.”

“Own goal” indeed.

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