The first day of Acquire or Be Acquired wrapped with a discussion about growth in a rising rate environment, coupled with the prospect of recession this year. As Jack Milligan, editor-at-large at Bank Director, explains in this video, banks could zero in on their core deposit base, identify borrowers who could struggle in a difficult economy, and stick to lending in markets and businesses they know. By focusing on safe growth in 2023, banks can set themselves up for success in 2024.
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Jack Milligan is editor-at-large of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.