New Year’s Resolutions: Cut Costs, Change People
Last Thursday’s American Banker featured two side-by-side stories that senior bank management should read and consider: Susquehanna Bancshares announced that it was cutting 350 jobs, in part due to…
Raises issues for senior management consideration, including organization, compensation, and macro topics.
Last Thursday’s American Banker featured two side-by-side stories that senior bank management should read and consider: Susquehanna Bancshares announced that it was cutting 350 jobs, in part due to…
Executive Summary: While banks know that they cannot “shrink to greatness”, generating improved earnings in 2012 begins with cost reduction and improved productivity. At a recent banking conference,…
Executive Summary: There is little sadness for the Wachovia brand that is soon to disappear. However, heritage Wachovia, the bank of 20 years ago, was a great institution. Trying to…
Executive Summary: The FDIC continues to close failed banks. However, many bankers and private equity executives believe the investment opportunity has changed substantially over the past year. More small deals…
Executive Summary: While the number of failed banks in 2010 may be less than previously thought, failures will continue well into 2011. The anticipated slowdown in failures may mean that…
Executive Summary: Acquiring entities that win shared-loss bids for failed banks need to appreciate and anticipate the FDIC’s expectations while managing the acquired entity to maximize benefits to the banks’…
Executive Summary: Excellent reporting and information management capabilities are critical for managing FDIC Shared Loss Agreements (SLA) effectively and cost efficiently. However, many banks take on these transactions without understanding…
Executive Summary: 2010 provides an extraordinary growth opportunity for those banks and investors that enter into FDIC-backed Shared-Loss Agreements. However, optimizing this “once in-a lifetime” opportunity requires a disciplined approach,…
Executive Summary: FDIC Shared-Loss Arrangements with banks and investors should increase significantly in 2010. To ensure strong productivity and to optimize returns, buyers of these failed banks need to implement…
Executive Summary: Entering into FDIC-backed Shared-Loss Arrangements provides banks with an opportunity that offers highly attractive economics. However, optimizing returns from a shared-loss arrangement can be complex. Further, the five-ten…