Who Leads Next?

The person best suited to lead a systemically important financial institution would likely fit a complex profile. But what of the community bank and its leadership needs? Should community bank boards be any less prescriptive when creating a profile for a next-generation leader? [Continue]

Michael Bell preaches acquisition ecumenism

Michael Bell, a 40-year-old lawyer from Michigan is confident as hell about his ability to bring credit union cash to just about any purchase or acquisition you can imagine that doesn’t involve stock or a large deferred tax asset. And he’s clear about what adding a credit union to the bidding field will do to the selling price. “If a bank can pay 1.5 times book value and that’s the value, a credit union can pay 1.7 times book value.” [Continue]