Who Regulates the Regulators?
I’ve seldom seen bankers more concerned and, yes, nervous, than when the regulators come to visit. Oftentimes it seems that banks are managing more to the regulator’s requirements with the customer taking…
Describes FIC’s capabilities and approach.
I’ve seldom seen bankers more concerned and, yes, nervous, than when the regulators come to visit. Oftentimes it seems that banks are managing more to the regulator’s requirements with the customer taking…
Last time I highlighted Citicorp’s announcement that, once again, it is undergoing a cost reduction event, this time with the help of BCG. It seems to involve taking out layers of management and changing spans of control.
I was just reading about Citicorp’s latest cost reduction effort. CNBC reports that this initiative, named “Project Bora Bora…has employees on edge.” That’s not a surprise. Based upon management and consultant…
I know, I’ve reached a new level of conceit previously unknown even to me. But humor aside,I’m serious. Two weeks ago, this newsletter focused on how some big consulting firms view their clients. Some operate…
Post a career in commercial banking and workouts (not for loans I made), the decades I’ve spent as a consultant point to the value consultants can provide…sometimes. The successful use of consultants requires…
The above title serves as the sub-heading of a recent Economist article titled, “A retiring consultant’s advice on consultants.” The concept of the column is simple: a soon-to-retire consultant offers advice to…
Last Thursday the FDIC released its Quarterly Banking Profile, highlighting Q2 performance. Let’s look at some of the messages concerning past performance. More important let’s consider some future actions that banks…
We all tend to focus on the “shiny new thing.” In banking that could be a new product, an emerging technology (e.g, AI), or a new market segment / geography. But the first priority of every bank…
Few oppose the concept of a diverse workforce that brings with it a different set of life experiences and perspectives. Equality for all should be a concept that we all support and is fundamental to American life.
Bad management. I was surprised to hear the technician ask me the question above (Why are you flatlining?) several times as he conducted the exam. He may have been talking to himself or maybe I had passed over…