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 â€“ and that the PR own goal of the BoNY M name was allowed to pass â€“ is seen as evidence that it was put together too fast.”
“Own goal” indeed.