Remove 2008 Remove Lending Remove Management Remove Taxes
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America’s Expanding Debt Footprint (And What It Really Means)

PYMNTS

And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. By quite a lot, American household debt is currently on pace to be $1 trillion above the peak debt level of 2008 by the end of this month.

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Collections Predictions 2021: After the Debt Tsunami, the Flood

FICO

Increased provisions, reduced capital, less ability to lend. All this will raise the question: Whatever capital I have got, how much can I lend to borrowers who have a low confidence on their own financial prospects, and are unsure if they should borrow or not? They can optimize the use of their capital and who they lend to.

Taxes 76
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Bank Customers Lose Real Money

Jeff For Banks

Then, boom, the 2008 financial crisis. Heck, maybe there'll be a reassessment and your real estate taxes will go down. Taxes go down? Retiree: That's Not So Funny To the retiree that prefers the safe haven of FDIC insured deposits held at the local bank that lends it out locally, this is a serious issue. Your money grew.

Taxes 78
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

The old borrow short, lend long strategy. To you, manage your interest rate risk. When the Taxpayer Relief Act of 1997 passed, the top capital gains tax rate was lowered, providing yet another incentive for equity speculators to pour money into the fledgling internet industry. We took a serious reputational hit.

FDIC 78
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Happy Returns

Independent Banker

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. Mikella Newsom (middle) successfully manages a $325 million institutional investment portfolio for City Bank in Lubbock, Texas. Investment principles of top bank portfolio managers.

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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Adding to the observation is the fact that from roughly 2001-2006, a devastating housing price bubble formed due to lax lending standards.

US 52
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My Fantasy Banking Team

Jeff For Banks

He retired in 2008 from BofA, but they thought so much of him they brought him back to assist with the Merrill Lynch integration. Since his joining the Board, the bank has stabilized, returned to profitability, recaptured it's deferred tax asset, and NPAs/Assets have declined to less than 3%. Yeah, Chan can own my team. Imagine that.