Tech Agility Is a People Challenge
To exceed customers’ expectations, banks can’t just buy new technology. They need to have a team—and culture—that fuels innovative thinking.
To exceed customers’ expectations, banks can’t just buy new technology. They need to have a team—and culture—that fuels innovative thinking.
Led by Sens. Thom Tillis (R-N.C.) and Doug Jones (D-Ala.), a bipartisan group of 15 senators wrote to the Federal Reserve and FDIC today urging a delay in the implementation of the Current Expected Credit Loss model for loan loss accounting until after the agencies can study CECL’s economic effects.
With Vice Chairman for Supervision Randal Quarles scheduled to testify on Capitol Hill next week, the Federal Reserve today released its second report on its regulatory and supervisory activities for banking companies.
All industries—particularly banking—must soberly and urgently evaluate the way they will adapt.
Christie Obenauer’s family-owned bank had a problem. Based in a rural county in western North Dakota, her community had been dealing with the prospect of population decline, but then the North Dakota energy boom brought an influx of newcomers. “It’s a wonderful problem to have.”
These seven steps at the start of an M&A process will go a long way toward creating the best customer experience and optimizing the deal.
Board assessments are a discipline for evaluating whether the board has the people, tools and focus needed to achieve corporate strategy.
Bank investments in housing and broader community development can lead to improved health outcomes in communities.
An institution whose whole purpose had been to safeguard the money of the country’s poorest ended up destroying it.
“If you’re in Midland, Texas, you’re in the oil business,” says Jay Isaacs. “It doesn’t matter if you have a doughnut shop or a dry cleaners.”