The Wrong Way Bet
On May 3, the Federal Open Market Committee raised the federal funds rate another 25 basis points, to a target range of 5% to 5.25%.
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On May 3, the Federal Open Market Committee raised the federal funds rate another 25 basis points, to a target range of 5% to 5.25%.
The last few weeks have been a whirlwind for banking. I’m headed to one of Bank Director’s most important conferences.
On Monday, I played tennis in the early evening with a local Meetup group. I kept swinging and missing the ball.
The leaders of the biggest banks have shifted to a “higher for longer” mindset, anticipating continued high interest rates this year.
Deposit insurance stepped in to cover clients of Silicon Valley Bank and Signature Bank after regulators closed those two organizations, but shareholders were still wiped out.
Banks have a big few weeks ahead of them.
Michael Barr gave Congressional testimony saying SVB failed “because the bank’s management did not effectively manage its interest rate and liquidity risk.”
In my 36 years covering the U.S. banking industry, I have witnessed and written about three banking crises.
We’re always thinking about the last crisis and it’s not easy to anticipate the next one.
Drawing from Bank Director’s 2024 Risk Survey, members of the Bank Director and FinXTech editorial team focus on the key risks identified by community bankers, from the regulatory environment to vendor risk management and liquidity concerns.
How do you find the right technology to quickly grow volume deposits without “breaking the bank?” Sean Kouplen, President & CEO of Regent Bank, shares with Kathleen Craig, CEO of Plinqit, why they opted for a high yield savings account (HYSA), the level of risk, who owns the customer, how it’s different from banking as a service (Baas) and more. This webinar is brought to you by: Plinqit.
Customer expectations demand that their institution supports them whenever and wherever they need it. This is challenging enough in normal times, but how do you still provide an optimal customer experience where there is pressure? This webinar explores how BMO has removed the friction of customer communication to create a vastly improved digital experience. But this experience was put to the test when BMO acquired Bank of the West last year and those customers had to undergo a digital banking conversion. This webinar is brought to you by: Agent IQ.
The agricultural industry faces unique challenges that can impact your lending decisions. This webinar equips you with the knowledge and strategies to effectively assess and mitigate risk in your ag loan portfolio. This webinar is brought to you by: Agri-Access.
The Corporate Governance Workshop is a must-attend for those new to serving on a bank’s board or those seeking directorship at a financial institution. Throughout the workshop, attendees are provided with a thorough grounding in corporate governance and important industry issues that greatly enhance the performance of individual directors.
Bank Director’s annual Bank Audit & Risk Conference surfaces key issues and challenges bank officers and directors must understand to thrive in today’s changing financial services industry. Whether it be data security, emerging technology, fraud, crisis management and/or the effectiveness of internal controls, this conference brings to light issues all bank leaders should know about.
The Corporate Governance Workshop is a must-attend for those new to serving on a bank’s board or those seeking directorship at a financial institution. Throughout the workshop, attendees are provided with a thorough grounding in corporate governance and important industry issues that greatly enhance the performance of individual directors.
The Bank Board Training Forum – now integrated with the Bank Compensation & Talent Conference – provides bank directors, officers and members of the board with the education and training needed to address the issues and challenges facing them in today’s highly regulated and rapidly evolving banking and financial services industry.
Bank Directors’ Acquire or Be Acquired Conference is the premier growth and strategy conference for bank CEOs, senior executives and board members, providing senior leadership teams with numerous opportunities to meet and network with peers who are interested in exploring growth opportunities, strategic initiatives, and business partnerships.
The Corporate Governance Workshop is a must-attend for those new to serving on a bank’s board or those seeking directorship at a financial institution. Throughout the workshop, attendees are provided with a thorough grounding in corporate governance and important industry issues that greatly enhance the performance of individual directors.
Bank Director’s annual Bank Audit & Risk Conference surfaces key issues and challenges bank officers and directors must understand to thrive in today’s changing financial services industry. Whether it be data security, emerging technology, fraud, crisis management and/or the effectiveness of internal controls, this conference brings to light issues all bank leaders should know about.
The Corporate Governance Workshop is a must-attend for those new to serving on a bank’s board or those seeking directorship at a financial institution. Throughout the workshop, attendees are provided with a thorough grounding in corporate governance and important industry issues that greatly enhance the performance of individual directors.
The Bank Board Training Forum – now integrated with the Bank Compensation & Talent Conference – provides bank directors, officers and members of the board with the education and training needed to address the issues and challenges facing them in today’s highly regulated and rapidly evolving banking and financial services industry.
Bank Directors’ Acquire or Be Acquired Conference is the premier growth and strategy conference for bank CEOs, senior executives and board members, providing senior leadership teams with numerous opportunities to meet and network with peers who are interested in exploring growth opportunities, strategic initiatives, and business partnerships.