Board Composition: What Does the Best Bank Board Look Like?
In April 2016, Delaware Place Bank in Chicago was placed under a Consent Order (CO). One article within the order read as follows: “the Bank shall retain an independent third […]
Bank Board Reports: War and Peace or Cliff Notes?
Today, Board reports closely resemble War and Peace. Why? The same reason regulators focus on the little things… to CYA! We don’t want to be criticized that our Board was […]