Small businesses bear the brunt of the economic crisis created by the COVID-19 pandemic. Banks can help them weather the storm — if the SBA provides the right support.
Offering digital business banking functions has become a necessity for banks during a pandemic.
CECL could put pressure on bank allowances in its first full quarter, but proposed relief from Congress creates uncertainty for the standard itself.
The top seven small business lending stats of 2019 contain key insights for community banks’ strategy in 2020.
Banks should consider whether derivatives should play a larger role in risk management, following changes in hedge accounting rules.
Boards should not wait for a Democratic president to ensure their compensation plans and processes are sound.
This board takes a more active role in developing its company culture.
Two recent studies find that support for board diversity initiatives is declining — both inside the boardroom and among shareholders.
Strategically designed compensation programs can help banks avoid the lost revenue and increased expenses associated with losing and replacing key employees.
The composition, size and age should all be keen focuses of board governance.