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Brexit Hasn’t Knocked London Off Top Spot In Finance World

PYMNTS

London scored 24 points above New York City, representing the largest gap between the two since the GFCI first launched in 2007. Research released earlier this month from Boston Consulting Group and Clifford Chance found that banks may see restructuring costs as high as $18 billion and, as a result, may lead to higher banking costs for SMBs.

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American Greed: Can being an honest broker be banks and credit unions competitive advantage?

Jeff For Banks

According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. Those that participated in defined benefit (DB) pension plans was 16% in 2007, down from 31% in 1992.

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Retail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept

PYMNTS

Staples is thinking creatively with a new store format that spotlights coworking, podcasting and community events. The Staples Connect concept, which offers experiences and solutions as well as a place to transact, debuted in multiple Boston area stores on Feb. On another note, IKEA will reportedly close a U.K.

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Product Profitability Anyone? The JFB Pro-Growth Matrix

Jeff For Banks

Community FI''s are similar to other companies in their strategic decision making. One such firm is the Boston Consulting Group (BCG), creator of the Growth-Share Matrix that depicts the potential for a company''s products based on growth prospects and market share. In 2000, time deposits had a CAGR of 4.65% and net revenue of 0.53%.

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2021 GonzoBanker Awards

Gonzobanker

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Inspirational?

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Is your strategy and organization built around the customer?

Jeff For Banks

I was researching videos of positive customer experiences for another potential post when I discovered this gem from Forrester Research done in 2007. As George Millward, a colleague of mine at The Kafafian Group, tells me: “strategy drives structure” (most likely a Peter Drucker quote, as told to me by Ron Shevlin of Aite Group in Boston.

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Most Platforms Can’t Scale, Will Fail

PYMNTS

But that was the buzz – and the quote above that started the media hype-meter going into overdrive is from September 24, 2007. In fact, it’s not surprising at all that Revolution Money pretty much fizzled not long after the check cleared to the PR firm that wrote that September 2007 press release. And in most other industries.

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