Post-pandemic success depends on paradigm shift, futurist says
Bankers’ ability to successfully adapt to post-pandemic life will require a complete reframing of how they approach their business models, said futurist Mike Walsh. [Continue]
Bankers’ ability to successfully adapt to post-pandemic life will require a complete reframing of how they approach their business models, said futurist Mike Walsh. [Continue]
Federal Reserve Board Governor Miki Bowman told bankers gathered at the ABA Conference for Community Bankers on Monday that taming inflation is the Fed’s top monetary policy priority. [Continue]
Leaders from 14 core providers asserted their dedication to community banking at the ABA’s National Conference for Community Bankers. [Continue]
The evolution of the banking industry accelerated during the pandemic and bankers need to be prepared to keep up if they wish to be successful. [Continue]
Rising interest rates will slow inflation, but it will reduce spending and “it could cause asset quality problems we don’t currently have,” said Curtis Carpenter of the Hovde Group in a presentation Sunday, the first day of the Acquire or Be Acquired conference in Phoenix. Bank earnings are also likely to suffer as expected higher corporate taxes take hold. [Continue]
Congressional spending proposals are expected to have fewer adverse impacts for community banks than originally anticipated but still require further evaluation, said Eide Bailly partners Paul Sirek and John Fischer during the Bank Holding Company Association’s annual fall conference. [Continue]
U.S. GDP growth will likely slow next year as the economy returns to pre-pandemic levels, said United Bankers’ Bank Vice President of Risk Management James Nowak. [Continue]
Community bank leaders looking to sell their institutions can create more value through growing organically and by highlighting their location and status as legacy financial institutions, says Kirk Hovde, managing principal and head of investment banking at Hovde Group. Hovde and Curtis Carpenter, Hovde senior managing director, discussed the challenges and opportunities they see in future bank consolidations on Monday during the Bank Holding Company Association Conference in Bloomington, Minn. [Continue]
U.S.-China trade relations remain strong despite ongoing tensions between the two countries, according to former ambassador Terry Branstad and former Secretary of State Mike Pompeo. [Continue]
Growing the U.S. workforce either through more immigration or a higher birthrate will tame any future problematic inflation rates, according to a Purdue University professor. [Continue]