Over the past three years, TKG has been engaged by a significant number of banks to provide an assessment of the capabilities of management to operate the bank in a safe and sound manner. Most, but not all, of these assessments have been required by regulatory requirements, expressed either in…
As a result of the financial crisis and subsequent recession, Board oversight has become a more significant issue to both regulators and shareholders. Proper corporate governance and the role of the Board of Directors is an often debated subject. Regulators are increasingly asking for Board and management studies to determine…
I’ve often found these past two years extremely difficult. As consultants, we should try not to personalize engagements. But I can’t change the internal wiring. Last year, a client failed, and many more received regulatory orders. Memorandums of Understanding (“MOU”), Formal Agreements (“FA”), and Cease and Desist Orders (“C&D”) have…