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CFPB hires Assistant Director for Office of Small Business Lending Markets; announces other senior leadership additions

CFPB Monitor

Earlier this week, the CFPB announced the addition of several new members to its senior leadership team. The leadership additions announced by the CFPB were the following: Grady Hedgespeth will serve as the Assistant Director for the Office of Small Business Lending Markets.

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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; On Thanksgiving 2007, he founded Bank of Montana, which now has one branch and 13 employees. Swenson’s goal has been to create a team of individuals who can manage themselves but also function well together. Grand Ridge National Bank: The premier league.

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The Death of the Community Bank

Jeff For Banks

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. So smaller institutions continue to enjoy a NIM advantage, but not to the extent they did in 2007. Result: Mixed. That would be an ROA/ROE accelerator.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

What is unique is, after reviewing the management team and board, there are people of Korean, Malaysian, Indian, and Chinese descent in leadership positions. Live Oak was founded in 2007 to provide business loans, primarily Small Business Administration (SBA) guaranteed loans, to select industries, like dentists and veterinarians.

Capital 78
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The Mother List of All Banking Books

Jeff For Banks

2019 Mehrsa Baradaran Baradaran, Mehrsa The Color of Money: Black Banks and the Racial Wealth Gap 2019 Neil Barofsky Barofsky, Neil Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street 2012 Patricia Beard Beard, Patricia Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley 2007 Ben S.

America 78
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2021 GonzoBanker Awards

Gonzobanker

Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Congrats to Randy and a great management team. Congrats on a brave move and national recognition Jim! Lifetime Leadership Achievement Awards. Bank Merger of the Year.

Fintech 142
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.

Omaha 78