Issues : COVID-19
Recessions often stimulate an M&A market where the fates of winners and losers are intertwined.
Bank leadership teams should consider how to alleviate this huge stress point for their employees.
Banks trying to get a sense of the potential impact from the Covid-19 pandemic through stress testing are challenged by a lack of relevant historical data.
Bankers are grappling with the dual challenge of preserving the health of their clients and of the institutions’ for what will surely be a prolonged period of economic uncertainty.
Acquiring a partner with similar values and maintaining its strategic focus helped Sandy Spring Bancorp overcome the challenges of integrating during a pandemic.
Banks can focus on five areas for opportunities to declutter or reengineer policies, procedures and best practices.
Bank boards are mulling how to reward employees for their efforts during the Covid-19 crisis while keeping a lid on expenses in an uncertain and challenging operating environment.
Prudent risk management will lead to new business for community banks.
Managers are key to a team’s success, especially in crisis, but they can also be a major liability when it comes to enriching and engaging a bank’s workforce.
Last year’s financials mean nothing in the 2020 environment. Banks are using technology to take a fresh look at credit risks in light of Covid.