Independent Banker

JUNE 30, 2022

It’s like throwing a rock into a pond when you’re dealing with credit quality issues: The ripple effects are real, leading to issues in all areas of CAMELS (capital adequacy, asset quality, management, earnings, liquidity and sensitivity). Manage loan portfolio relationships proactively after the loan is funded.

Community Bank 171

Community Bank Community Lending Training 171

FICO

SEPTEMBER 29, 2020

The attendees had a combined experience of over 300 years across analytics, credit risk and operations across Europe, UK, the Middle East and Southern Africa. This crisis has been unique, due to the dynamics of virtual operating models and in the spending patterns for those affected financially by the crisis and those not.

Management 87

Management Analytics Data System 87

Jeff For Banks

AUGUST 3, 2020

It's what we did in 2008-10. Capital aplenty. Unlike 2008, banks were not the bane of our problems. In 2008, we were in the eye of the storm. Do we want to pass on the opportunity to operate with fewer, yet more capable (and therefore higher compensated) employees? And we were successful. Record earnings.

Community Bank 88

Community Bank Community Capital Analytics 88

PYMNTS

JULY 23, 2018

The Hackett Group released its annual Working Capital Performance of Top U.S. corporates’ working capital performance. showed their strongest performance in working capital management since 2008. Companies report last week, signaling strength in U.S. Meanwhile, days sales outstanding (DSO) increased by 4.4

Payments 101

Payments Capital Strategy Groups 101

PYMNTS

NOVEMBER 12, 2020

businesses, for the first time in my lifetime, are spoiled for choice in terms of the funding that is being made available to them,” reflected Toni Dare , founder and managing director at invoice financing technology firm Pulse Cashflow Finance Ltd. Funding Ebbs And Flows.

Marketing 160

Marketing Industry Lending Fintech 160

South State Correspondent

NOVEMBER 7, 2022

.” That same adjustment can be applied to banks’ fixed-rate loans for economic value analysis to better understand value creation and allocation, prioritize future business activity, and better deploy capital. Banks had enough liquidity so it didn’t really matter in terms of day-to-day operations. Capital got scarce.

Marketing 195

Marketing Community Bank Community Security 195

PYMNTS

FEBRUARY 22, 2019

has reached pre-2008 levels, meaning banks are facing risk that is elevated above what has been seen since the financial crisis. “If operating conditions in the U.S. The main concern comes on behalf of borrowers and how well they can manage refinancing risk. economy will remain largely unchanged during that time period.

Lending 116

Lending Marketing Capital Maine 116

Gonzobanker

JULY 10, 2020

Regardless of their viewpoints on capital recovery, now is the time for banking leaders to reevaluate their planning strategies. In a recent Fortune survey, 55% of corporate executives said they expect to return to 2019 capital spending levels sometime in 2021. What businesses need capital in the interim? Risk Management.

Risk Management 88

Risk Management Capital Strategy social media 88

PYMNTS

DECEMBER 21, 2016

According to Bloomberg , the brand pulled in Kirkland & Ellis to be its legal adviser and Guggenheim Securities and RAS Management Advisors for help with a debt restructuring and any asset sale. It was listed as number 216 on Internet Retailer ’s Top 1000 guide and started selling online (through its site, TheLimited.com) in 2008.

Ohio 100

Ohio Columbus Branding Retail 100

PYMNTS

OCTOBER 1, 2019

Users of financial statements may not be aware of a customer’s usage of reverse factoring, despite the potentially material consequences,” Moody’s Associate Managing Director William Coley said in a statement last month. The publication added that Greensill Capital, headed by Lex Greensill has played a key role in GFG’s financing strategy.

Tools 160

Tools Capital Strategy Lending 160

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Export Working Capital loans are up to $5 million and are for terms of up to 12 months. They are for exporters needing additional working capital to support sales.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Export Working Capital loans are up to $5 million and are for terms of up to 12 months. They are for exporters needing additional working capital to support sales.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

JULY 2, 2019

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap in the market for alternative lenders and FinTech firms to fill.

Fintech 125

Fintech Resources Capital Trends 125

PYMNTS

MAY 29, 2019

Further enhancements to resolution requirements, also resulting from the financial crisis, have also played a part in promoting the resiliency of the global banking sector, yet with the unintended consequence of restricted access to capital for some borrowers, including small businesses. “Why is this so significant?”

Regulation 108

Regulation Compliance Capital Resources 108

PYMNTS

MARCH 27, 2019

Dries Verboven, market manager of regulatory reporting at Wolters Kluwer Finance, Risk & Reporting, says it’s all about data, which is both the key to regulatory compliance, and to a more efficient and profitable operation for the entire institution. The Key To Compliance Is Data. From Burden To Opportunity.

Compliance 116

Compliance Data Regulation Analytics 116

PYMNTS

MARCH 18, 2016

million worth of venture capital across two deals. But it was the big names from Google, Cisco and Hewlett-Packard that made for the week’s largest enterprise-focused venture capital round. Now, InstaRem operates across Canada and various markets in Asia, with plans to expand in the U.S. SME Finance. SME lender EZBob.

Lending 100

Lending Capital Google Security 100

PYMNTS

MARCH 10, 2020

Branch sells to individual consumers as well as office purchase managers. The company already booked more revenue than it did for all of 2019, which was its first year in operation. We operate almost purely on word of mouth, really,” Hayes said. “We It does not work through traditional distribution channels.

United States 130

United States Course Groups Retail 130

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. The 2008 recession resulted in government regulators tightening the standards for creditworthiness, increasing the amount of checks that lenders must undergo to approve loans.

Fintech 177

Fintech Fraud Lending Regulation 177

Independent Banker

MAY 2, 2016

It was the culmination of efforts over the past four years to recover from the impacts of the downturn in the economy that began in 2008. There were some very difficult days along the way, including a complete change in our bank’s executive management team and essentially rethinking how we executed our business from the ground up.

Community 70

Community Capital Taxes Management 70

PYMNTS

APRIL 3, 2018

Reports in The Financial Times on Monday (April 2) said Barclays transitioned 24 million customer accounts and more than $350 billion in assets into an entirely new bank with its own capital requirements. Larger corporate customers will be managed via the non-ring-fenced bank, while smaller clients will be serviced by “Barclays Bank U.K.,”

Report 100

Report Groups Management Policies 100

PYMNTS

SEPTEMBER 19, 2018

Broadening access to trade finance and small business (SMB) loans can help small suppliers that face lengthy payment terms from their large corporate customers to ensure operations (and cash) flow smoothly — even while they wait months to see an invoice settled. Other government efforts in the U.K.

Payments 161

Payments Strategy Fintech Capital 161

BankUnderground

FEBRUARY 5, 2021

Positive liquidity shocks – that is, a loosening of global funding market conditions – have led to exchange rate appreciations, reductions in long-term bond yields, stock market booms, and increased gross capital flows to EMs ( Bhattarai et al (2018) ). Chart 1: Event study results: cumulative percentage change in EM interbank rates.

Marketing 95

Marketing Policies Study Tools 95

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. 15 of the top 20 operate in the Greater Bay Area. 15 of the top 20 operate in the Greater Bay Area. Below are the detailed profiles of the Top 20 Venture Capital Partners.

San Francisco 71

San Francisco CA Capital Operations 71

PYMNTS

NOVEMBER 23, 2017

The end result is that companies outside China will be able to, eventually, control Chinese securities and asset management firms, insurance companies (through joint venture majority stakes) and banks. Investment limits for bank stakes — now at 20 percent for group investors — will eventually disappear.

Marketing 128

Marketing Lending Security Regulation 128

Jeff For Banks

JULY 5, 2022

My Remarks to Bank Client's Annual Meeting of Shareholders "I want to thank [Chairman] and the Board, [CEO] and the management team for asking me to come out and remark on where I think the banking industry is going over the next five years. They are/were the business owners, demanders of capital and loans, and significant depositors.

Millennials 78

Millennials Community Pennsylvania Community Bank 78

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. We have full confidence in our new management team and we are a better company today.”. By 2008, the economy had lurched into crisis mode, and the world of credit suddenly become a very different place. lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

OCTOBER 31, 2021

Here’s a CECL refresher in the unlikely event that you need it: The Great Recession of 2008 created substantial credit losses for banks. The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. The tool is intended to be a starting point.

Community Bank 91

Community Bank Community Software New York City 91

BankUnderground

JULY 20, 2021

In aggregate, UK corporate leverage appeared manageable at the start of 2020. a) Gross debt to earnings is calculated as gross debt as a percentage of a four-quarter moving sum of gross operating surplus. Gross operating surplus is adjusted for financial intermediation services indirectly measured. (b) Conclusion.

Policies 101

Policies US Marketing Capital 101

Fintech Labs Insights

JANUARY 20, 2017

Milne wrote that the investment will be used to expand Dwolla’s sales and account management operations in Des Moines, Iowa. The round featured participation from Detroit Venture Partners, Firebrand Ventures, High Alpha, Ludlow Ventures, and Next Level Ventures, and brings Dwolla’s total capital to just over $39 million.

Capital 12

Capital Iowa Kansas City Detroit 12

Jeff For Banks

DECEMBER 18, 2014

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. Congratulations to them.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91

PYMNTS

MAY 24, 2018

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. PetSmart’s same-store sales fell 4.5

Leadership 100

Leadership Retail Groups Analytics 100

PYMNTS

JULY 3, 2018

The evolution of that business was among the subjects that Howard Rosenberg, CEO and co-founder of B2B marketplace operator B-Stock , discussed during a recent interview with Karen Webster for the latest edition of “The FUNDED Series” from PYMNTS.

Retail 101

Retail Policies Online United States 101

FICO

MARCH 25, 2020

Alongside the management of outgoing expenses, we’ve also seen countries take steps to help with customer income. This approach was particularly successful for Germany during the 2008-09 crisis, resulting in Germany only seeing a 0.9% Most C&R operations have high volumes of staff across tightly knit teams.

Operations 40

Operations Exercises Security Data 40

CB Insights

OCTOBER 26, 2020

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. The disruption of asset management.

Management 78

Management Capital Company Marketing 78

PYMNTS

JANUARY 16, 2019

This isn’t 2008 or 2009, when consumers were having a hard time paying their bills and small business owners were trying to keep the lights on. But, according to Patrick, “most individuals and small businesses continue to struggle with short-term cash flow management,” adding that four out of 10 consumers have such problems.

Lending 139

Lending Training Technology Analysis 139

Jeff For Banks

DECEMBER 12, 2015

Aside from interest rate risk, vendor management is high on the list. If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. Firms started in the dorm room that have no employees, just an eager volunteer, no revenue, and no capital need not apply.

Fintech 60

Fintech Capital Cards Bitcoin 60