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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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Collaboration: The New Competitive Weapon

Gonzobanker

As bankers build bonds with peers through collaboration, they open up new opportunities to jointly invest capital in new ventures and strategies. Retail executives collectively evaluated their Retail organizational structures to determine the most productive distribution of departmental ownership and experience management.

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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. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

Fintech 195
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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!

Idaho 148
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The 2015 GonzoBanker Awards

Gonzobanker

Bank project management offices. A phenomenally successful $50+ billion private/wealth management bank with a customer list to die for probably won’t hurt on the reference list. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M. Vendor management. “I Conversion of the Year.

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Renaud Laplanche’s Second Act

PYMNTS

It’s reported that Upgrade’s loan volumes are growing and that it intends to add new asset managers to its roster over the next half year. So far, the firm has signed up six asset managers who have already committed to buying loans originated by the company, including Jefferies LLC and an unnamed Hong Kong firm.

Lending 122