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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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BankUnited Nabs Capital One Execs to Lead Equipment Finance

American Banker

Bank United in Miami Lakes, Fla., has appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

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Small Business Resiliency in South Florida

PopularBank

With South Florida Region Executive Israel Velasco. This complicated pairing will continue to drive demand for working capital, lines of credit and Small Business Administration (SBA) loans. percent of Miami-Dade County’s workforce, well above the national reported figure of 47.5

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Retail’s Small Business Crisis

PYMNTS

The percentage of sales lost by those physical store franchises can be seen not only in the pretty charts and graphs that we produce and share on a regular basis but the ongoing drumbeat of the national and regional store closings for those brands that can no longer keep up. And just like every other industry, there’s concentration.

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