Are Diversity Requirements Really Necessary?
Diversity in banking continues to be a hot topic. Based upon recent conversations TKG has participated in, there is a heightened interest and focus by many financial institutions to have greater diversity in their boardrooms, executive management teams, and in their overall workforce. TKG recently participated in a panel discussion on board diversity at the […]
In Banking, Soft Skills Remain Blah, Blah, Blah
Weakness: Middle Management. I hear this often. Why is it so common in community banks? I have opinions. Peter Principle is alive and well in banking. We elevate superior performers in their functional position to leadership positions to which they are ill prepared. We promote them to the level of ineffectiveness. But that doesn’t mean […]
Byline Bank Turned its Future from Bleak to Bright!
Guest: Alberto J. Paracchini, President, CEO & Director, Byline Bank Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast […]
Bank Branches: A New Model
This design or that design. Digital, pods, low square footage. All the talk around the branch of the future is about design, staff levels, square footage, and technology. Yet the people that carry balances, the boomers and older, can’t figure out where to go when they come in for a teller transaction. And the younger […]
Cannabis Banking – Are You Ready?
Guest: Jon K. Skarin, EVP of Legislative & Regulatory Policy, Massachusetts Bankers Association Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple […]
Core Providers, Open Banking, APIs: What Should You Know?
Guest: Aaron Silva, President and CEO of Paladin fs & Golden Contract Coalition Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple […]
Why Did Oritani Sell for No Premium?
On June 25th, Oritani Financial Corp (ORIT) common stock closed at $16.21 per share. The next day they announced they were selling to Valley National Corp. for $16.29 per share. Virtually no premium. And less than ORIT traded one year ago. Why? I was not part of the discussions regarding the transaction, and am not […]
Is Loyalty Worth It?
What is the value of a loyal customer? And what is the difference between a transactional customer and a loyal one? This was the subject of the keynote speaker, James Kane, at the recent Financial Managers’ Society FMS Forum in Boston. When you talk about loyalty to financial institution CFOs and Controllers, as Kane did […]
If We’re Serious About Helping Clients, What About These Two Products?
With all of the automation of financial products, one would think managing finances would be simple. Much more so than when our grandparents saved for the coal delivery in an envelope in the night stand. My focus today is on consumer banking. Which is becoming more challenging for the community financial institution due to heavy […]
Insights from Gerard Cassidy, RBC Capital Markets Managing Director and Bank Analyst
Guest: Gerard Cassidy, Managing Director, RBC Capital Markets Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast apps for […]