Session Presenters

Bryan Lemke

Associate Partner

McLagan

Chris Richter

Associate Partner, Human Capital Solutions

McLagan

Breakout 3: Compensation, Regulation and Best Practices – Where Are We 18 Months After SVB?

On March 12, 2023 Signature Bank failed; this was followed by Silicon Valley Bank and First Republic over the next two months. These three bank failures would define fiscal year 2023 from higher deposit costs, focus on liquidity and, as a result, overall capital levels. Coming off a strong 2022, all of a sudden, memories of the Great Recession came flooding back. As of this writing, we are on the cusp of a major reproposal on regulations addressing incentive compensation. This session provides a concise summary of where we are today, how this will impact banks of various asset levels and what your bank should have in place now.

Session Resources