Remove Capital Remove Community Bank Remove Marketing Remove New Jersey
article thumbnail

Cross River establishes fintech investment banking unit

American Banker

The Fort Lee, New Jersey, company has hired a pair of veteran investment bankers to helm an effort serving fintechs' capital market needs "doubling down" on its commitment to the sector.

article thumbnail

Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Between 1980 and 1995, more than 2,900 banks and thrifts with collective assets of more than $2.2 trillion failed. What caused it?

FDIC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Investments Keep On Coming And ‘Uber For Trucks’ Banks $10M Investment

PYMNTS

Because as it turns out, trucking goods in the Brazilian market is harder than it looks — and rather more difficult than it needs to be. If you show me a market with information asymmetry, I’m going to show you a $1 billion opportunity.”. . There’s a huge information asymmetry playing an important role there.

article thumbnail

Seeking Sales Success

Independent Banker

is becoming a more sales-conscious community bank. The bank is undertaking this steady transformation, a blend of operational and cultural change, to capitalize on its comprehensive financial product lines. However, we are experiencing differing results in our two markets.”. By Cheryl Winokur Munk.

Retail 70
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148
article thumbnail

Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. Total return includes two components: capital appreciation and dividends. Then, kaboom!

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. banks by market value.”.

Community 216