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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. While the current growth rate needs to be left to each bank based on their capital cost, market, and risk tolerance, the general guide is that growth should be in the 3% to 5% range for this year.

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Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

The worst results came from Lower Manhattan’s Broadway/Houston Street/Broome Street area, where average asking price per square foot tumbled 25 percent year on year. The board added that eight of 17 retail corridors are “experiencing their lowest price per square foot averages in at least a decade.”.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. Consumers (Nov 2023) first appeared on Fintech Labs SMB Center. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com.

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Departure Delayed For Airline Recovery

PYMNTS

CNBC reported that American will also reduce or cut service to two dozen small and medium markets on passenger loads that are down roughly 75 percent overall from last year. For 2020, global passenger numbers (enplanements) are expected to decline by 55 percent compared to 2019, worsened from the April forecast of 46 percent.”.

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