Targeting Fundamentals
Banks all agree that they need to improve their productivity. In many cases operating expenses are rising due to diverse factors, including increased compliance costs, continual technology investments, and the…
Banks all agree that they need to improve their productivity. In many cases operating expenses are rising due to diverse factors, including increased compliance costs, continual technology investments, and the…
It has become all too easy to write columns that list the challenges that banks face, including regulations, IT costs, shifting demographics, revitalized competitors, shadow banks, big branch companies offering…
Last week’s Wall Street Journal featured an article titled, “Credit Unions Ramp Up the Risk.” The article discussed how Credit Unions “are loosening credit standards and piling into longer-term assets,…
Virtually all of my clients, no matter their size or sophistication, are struggling to deal with the same issue: How to manage technology? There are at least two aspects to…
In working with several banks recently I have been considering what day-to-day actions make for a successful bank. We all define success differently, but in my view it requires a…
Both Small Business and Middle Market customers can generate strong revenues for banks, albeit in different ways. However, in reality most banks operate with natural preferences that favor one segment…
Everyone knows who hit the most home runs in a single season … kind of. Depending on your age and the purity of your baseball life, the established home run…
It comes as no surprise that banks are battling with a trust issue. However, the problem turns out to be bigger and more complex that many think. Banks need to…
Many analysts are predicting that the pace at which community banks disappear will increase. We are already down to less than 7,000 banks from 12,000 not that long ago. While…
In this hyper-regulated and politically correct world, banks will not admit that, for many, in their core they dislike banking small businesses. We would not include all banks in this…