July, 2011

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Banker Quotes: As Told to Me v2

Jeff For Banks

'I learn a lot from bankers as I visit their offices, speak to them on the phone or at industry events. Occasionally they will offer an insight that I think my Twitter followers would find interesting. Below are selected quotes that I tweeted this year along with my brief insights or background regarding the comment. Note that if the quotes exceeded 140 characters, I would have abbreviated or substituted some words to make them fit.

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Guest Post: Second Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

'2011 started with so much economic promise. Jobs were being created, stock markets were rising. Interest rates were rising quickly too, in anticipation of strong economic growth. Then, oil and gas prices spiked over the unrest in Egypt and Libya. Gas prices reached $4.00 per gallon in May and everyone’s tipping point was reached. Enough! Consumers cut back spending and continue to pay down or shun debt.

Survey 67
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How do you feel about a 30% capital ratio?

Jeff For Banks

'I try to keep myself abreast of the significant changes within the banking industry so I can perform research, form a reasonable opinion, and advise my clients. But some industry luminaries are throwing out some far reaching opinions that I think need refuting. Take Simon Johnson, former chief economist of the International Monetary Fund, co-author of 13 Bankers , and commentator on the NY Times Economix blog (see photo).

Capital 67
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Brain Science Anyone?

Jeff For Banks

'I recently attended a client''s all day strategy session. My firm had a small presentation, and were available for Q&A throughout the day. But most of the day we were in the audience, listening to presentations by the executives of the bank and other consultants. Part of the program was a continuation of the leadership program for bank executives.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper