It was a privilege and a learning experience to meet some old-school bankers during my travels as an examiner some 50 years ago. Here are some who left lasting impressions.
Capital is important, but ample loan-loss reserves, governed by stringent supervision, are a much more direct, responsive way to account for credit risk.
Learning to tap into the more creative right hemisphere of my brain enabled me to think in a unique manner about both the problems and opportunities facing my bank.
If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.
If the program ends, most TAG deposits held by community banks will quickly migrate to the biggest banks as investors still expect the federal government to protect all deposits held by these financial behemoths.
The flood of new regulation, demands for more capital, harsh enforcement and an unexplained three-year-old de facto moratorium on de novo charters lead one to believe Washington wants fewer community banks
Banks can retain their best and brightest staff by offering career advancement opportunities, competitive base salaries, adequate training and attentive performance management.
Romney may have worded it awkwardly, but he has never expressed a more pro-female sentiment than when he talked about those "binders full of women." Oftentimes, you need to deliver the resumes of female candidates directly to the decision makers in order to promote gender equity.
Nonbank competitors are forcing financial institutions to utilize new skills sets. Conservative thinkers must now be imaginative, followers must become visionaries and the risk adverse must embrace uncertainty. Here's how to develop a forward-looking strategy in the changing landscape.
