Session Presenters
Joe Berry
Co-Head of Investment Banking, Co-Head of Fintech and Head of Depositories Investment Banking
Keefe, Bruyette & Woods, A Stifel Company
Keith Meyers
Managing Director, Head of Fintech & Financial Services Investment Banking
Keefe, Bruyette & Woods, A Stifel Company
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About the presenter
Presented by
Joe Berry
Co-Head of Investment Banking, Co-Head of Fintech and Head of Depositories Investment Banking
Keefe, Bruyette & Woods, A Stifel Company
Joe Berry is the co-head of investment banking, co-head of fintech and head of depositories investment banking at Keefe, Bruyette & Woods, A Stifel Company. Mr. Berry began his career with KBW in the mid-1990s, has served as head of depositories since 2010 and was appointed co-head of investment banking and fintech in 2021. Mr. Berry is a member of the board of directors of Keefe, Bruyette & Woods, Inc. and is a senior member of the firm’s investment banking executive committee. KBW’s depositories investment banking group is one of the largest on Wall Street and routinely ranks at the top of the advisory and capital-raising league tables.
Mr. Berry has over 25 years of industry and transactional experience including several years as a member of KBW’s bank research team. In addition to his supervisory responsibilities, he maintains a robust calling effort across the U.S financial services industry with particular emphasis on banking organizations, payments companies and innovative financial technology organizations. He is responsible for strategic advisory assignments, restructuring and capital raising transactions.
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About the presenter
Presented by
Keith Meyers
Managing Director, Head of Fintech & Financial Services Investment Banking
Keefe, Bruyette & Woods, A Stifel Company
Keith Meyers is managing director, head of fintech and financial services of investment banking at Keefe, Bruyette & Woods, A Stifel Company.
Prior to joining KBW, Mr. Meyers was a managing director at Raymond James, covering fintech and specialty finance companies. Prior to that, he served as head of financial services and transaction processing investment banking at Morgan Keegan & Company. His industry experience includes M&A, and raising both debt & equity capital.
Strategic Considerations for Bank/Fintech Partnerships and Investments
Volatility in the banking market over the last few months has reverberated around the world. The way the industry and regulators look at liquidity, capital, deposit and asset concentration and deposit insurance cost is going to fundamentally change. The new paradigm likely includes greater required capital, higher deposit insurance assessments, greater required liquidity and lower concentration limits on deposits, funding and assets. This leads one to conclude the profitability of the industry will be lowered in tandem with these new requirements. Additionally, as neobanks and other non-bank financial providers continue to encroach upon the banking sector, banks need to deliver financial services in the manner their customers want – digitally, efficiently and cost-effectively. Now, more than ever, using technology to reduce operating costs and to provide a better experience to customers is paramount. Join this session as we discuss trends in bank partnerships and the evolution of the banking sector.
