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For Banks, Acquire or Be Acquired Is a Hobson's Choice

Jeff For Banks

Bank Director recently held their Acquire or Be Acquired (AOBA) conference in the Arizona desert. Long term projections allow management teams to make strategic investments to build an enduring future. Budgets allow management teams to think short term, and delay strategic investments. It is a well run, well attended conference.

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Reverse Trend

Independent Banker

As that older generation continues to age, reverse mortgages could become mainstream financial planning products that increasingly more house-rich but cash-strapped senior borrowers will need, says Dan Barksdale, a division manager for FirstBank in Lexington, Tenn., who oversees 32 loan officers dedicated to providing the loans.

Trends 70
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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

Amazon said it is taking the space in the property, which is being redeveloped, without any of the special tax credits it had been offered previously. Nuro’s vision of using robotics to improve lives runs parallel with Walmart’s mission of helping customers live better,” Tom Ward, senior vice president of digital operations for Walmart U.S.,

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Acquire or Be Acquired: Can Banks Get Better While Getting Bigger?

Gonzobanker

Yet, at Bank Director’s Acquire or Be Acquired conference last week in Scottsdale, Arizona, they resembled a college football squad that had just taken down a rival in the BCS championship. This pressure might lead to a focus on managing Wall Street optics rather than managing transformation of the bank’s business model.

Arizona 60
article thumbnail

Acquire or Be Acquired: Can Banks Get Better While Getting Bigger?

Gonzobanker

Yet, at Bank Director’s Acquire or Be Acquired conference last week in Scottsdale, Arizona, they resembled a college football squad that had just taken down a rival in the BCS championship. This pressure might lead to a focus on managing Wall Street optics rather than managing transformation of the bank’s business model.

Arizona 60