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Diversity in UK banks – the long journey continues

BankUnderground

Diversity has risen up the agendas of businesses, regulators, and governments in recent years. We bring together information on all approved control and senior manager functions (2001–20) – ie all senior manager, executive and oversight roles which require regulatory approval. Joel Suss, Marilena Angeli and Peter Eckley.

Trends 65
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Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

PYMNTS

in over a century, meaning there is no living expert with any practical expertise at managing the fallout from an incurable pandemic. That compares to the years 2001 and 2008 when the federal government also distributed stimulus funding to kickstart the economy, 90 percent of which was spent on durable consumer goods like cars and appliances.

Georgia 314
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A Decline in Personal Savings

TrustBank

As of October, the US ranked 32 nd according to the Organization for Economic Co-operation and Development (OECD) data. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly. Recall the NINJA loans (No Income, No Job, Apply).

US 52
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Consumer Lending: Should Banks Do It?

Jeff For Banks

Ever since we formed our company in 2001, this has been the case. Looking at our peer group numbers, the consumer loan costs a little above $1,100 per year in operating expense to originate and maintain. Regulation has driven up costs and made us gun shy. And it wasn’t an anomaly. Fixed home equity loans… nope. Or don't do it.

Lending 60
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Top 5 Total Return to Shareholders: #3 ESB Financial Corporation

Jeff For Banks

It converted to a public company through a Mutual Holding Company conversion in 1990 and performed the second step conversion in 2001. ESB operates like many other thrifts. Part of the secret sauce may be management longevity, as most senior managers, including CEO Charlotte Zuschlag, have been with ESB for 20 years or more.

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Will "Plain Vanilla" Kill Community Banking?

Jeff For Banks

Most recently Valley National Bancorp''s highly respected CEO, Gerald Lipkin stated: "The positive [fourth quarter] results are attributable to management''s common sense and highly focused approach to traditional banking — gathering deposits and making relatively low-risk loans." ?I So will continuing to operate "as is" work infinitum?

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Imperial Bank Unlikely to Reopen

Bankelele

They kept asking how did Kshs 34 billion ($333 million) vanish in fifteen years and none of these regulators and guardians at the bank not realize something was amiss? How could they allow a bank to operate that even took in their money the day before it closed?