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

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. billion bank in the Mid-Atlantic region. GonzoBanker of the Year (Regional Bank) – goes to Huntington Bancshares Chairman and CEO Steve Steinour. That’s enough to send normal people into the fetal position.

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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

RedKix has an idea somewhat comparable to Slacks insofar as it hopes to innovate the way workers manage their tasks by creating a better way to merge email and chat functions. The firm makes enterprise resource planning and retail management software. That funding round was led by IIFL Asset Management.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. billion of assets under management. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. Best of luck in the next chapter, Chris!

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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. There’s nothing more Gonzo than a CEO who simply bleeds the soul of front-line relationship managers, and Brager could write a bestselling book on this topic. with Coinbase alone attracting $86 billion.

Community 216
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Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Nothing seems to put a bounce in a banker’s step more than a tax break and regulatory relief, and this bountiful energy was radiating at Bank Director’s annual “mecca” for bank M&A in Phoenix last week – Acquire or be Acquired. Capitalizing on Good Times. For those in the know – simply AOBA. Commercial Real Estate. Related Videos.

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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles

CB Insights

In addition to the Apollo platform, Baidu is dedicating significant capital to autonomous vehicle startups, all of which have joined the Apollo partnership alliance. Named Apollo Southeast Asia, the venture is meant to help Baidu gain a commercial foothold for autonomous vehicles in the Singapore region. in Frisco, Texas.

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