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Legal entity rationalization within the banking industry

Legal entity rationalization within the banking industry

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In this episode of In the vault with KPMG, Elizabeth L'Hommedieu and Tony Welburn from the KPMG Banking and Capital Markets Tax practice, and Mitchell Thweatt and Megan Fitzsimmons from the KPMG Mergers and Acquisitions Tax practice, discuss legal entity rationalization (LER) and its relevance in the banking industry. They define LER as the process by which companies look at their organizational structure and search for ways to cut costs and create value, and they discuss tax efficient ways to streamline a legal entity structure. Listen to the podcast for practical advice for banks considering LER, or looking for efficiencies.

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