Why bigger isn’t always better in banking
In a new book about the storied two-century history of Brown Brothers, author Zachary Karabell argues that conservatism and pragmatism are viable strategies for surviving disruptions.
by Zachary Karabell, Penguin Press, 2021
Businesses often find it difficult to sustain their positions over a long period of time. A large percentage of restaurants fail within a few years of opening. The average company in the S&P 500 lasts for about 17 years in that index, according to Innosight. And as big thinker Geoffrey West notes, it’s possible that companies, like animals, may have something of a natural life span.
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/PRNewswire/ BBH Capital Partners, the private equity arm of Brown Brothers Harriman & Co. (BBH), today announced the final close of BBH Capital Partners.