Sun.Apr 24, 2022

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Banks need to modernize their cultures in the wake of the pandemic

Accenture

One of the biggest long-term impacts of the COVID-19 pandemic is how it changed our relationship with work. Record numbers of people are re-thinking their careers right now. A survey of 30,000 employees across 31 markets in early 2021 found that more than 40% were thinking about leaving their current jobs. Between April and September…. The post Banks need to modernize their cultures in the wake of the pandemic appeared first on Accenture Banking Blog.

Survey 345
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Beneficial ownership regulatory relief is far from assured

American Banker

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What Term Lending Index Should Banks Adopt?

South State Correspondent

Banks have ceased using LIBOR to price assets and liabilities after 2021. However, some community banks are still deciding on the correct term lending index to adopt. Many banks are uncertain that they have chosen the best term index for their products and markets. We believe that having more options for community banks is beneficial. Still, bankers need to streamline the number of indices used because having too many indices is not conducive to efficient pricing and loan and deposit processing.

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