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5 Actionable Insights From 2Q 2022 Bank Earnings

South State Correspondent

With 100+ public banks reporting, we have more than a representative sample to see 2Q 2022 bank earnings trends and derive some operational insights on bank performance. We used the S&P Global database, earnings releases, and investor calls to gather the first hundred banks releasing 2Q numbers as of 8/2/2022.

Trends 195
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Meet Our 2022 FICO Decisions Awards Judges

FICO

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. He has an MBA from the Indian Institute of Management.

Meeting 52
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European Fraud Predictions 2022: Vaccine Scams to Deep Fakes

FICO

As we move forward into 2022, we are seeing the first signs of some interesting trends that will pick up pace across borders. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. Related scams have also been on the rise.

Fraud 52
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All Eyes Are on Bank Deposit and Liquidity Risks

Gonzobanker

The historic deposit runs on several niched regional banks have woken up bankers and their investors, regulators and policymakers to the threats that liquidity flows place on the entire industry. of total deposits from March 31, 2022, to March 31, 2023 – obviously, a pace that is dangerous to liquidity if it continues.

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In UK, Late Payments Report Finds Fault With Big Retailers

PYMNTS

Among the names cited in the report, retailers WHSmith has payment terms that have stretched between 90 days to 120 days, and Boots has terms that range from 75 days to 120 days. Travel agency Thomas Cook took an average of 88 days to get suppliers paid. By way of example, Boots has a 2.5 The terms stretch from 60 days to 90 days.

Report 159
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NIM and Its Relationship to ROA in Banking

South State Correspondent

Despite reaching the highest profitability in over a decade in 2022, US banks overall trade at a discount to other sectors as measured by P/E or P/Book, and approximately 53% of US banks have earned less than their cost of equity over the last five years. Banks in rapidly growing counties, states, and regions tend to outperform the industry.

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Xiaomi Will Have 5K Stores In India By End Of Next Year

PYMNTS

. “It’s been over a year since we started offering our products through offline retail, and we have seen strong growth there,” said Manu Jain, Xiaomi vice president and managing director for India, according to CNBC. The Chinese company is one of many retailers pursuing expansion in India.

Retail 140