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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

However, the banking industry doesn’t like that one bit. “We Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

This article highlights ten not-so-evident lessons of the banking crisis that every banker must consider going forward. Percentage of Uninsured Deposits: At the time of failure, SVB had approximately 88% of their deposits above the FDIC-insured $250k limit and ran at 95% at the end of last year.

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FDIC cautions of increasing credit, interest-rate risks

Abrigo

Add FDIC Chairman Martin J. Gruenberg to the list of regulators and industry officials warning about growing credit risks in the U.S. Gruenberg said the industry reported another positive quarter overall, with most performance indicators showing improvement. Banks’ net interest margin, on average, ticked slightly higher to 3.08

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

Turn up “Whole Lotta Love” and let the pure adrenalin rush of Jimmy Page’s intro accompany this year’s Acquire or Be Acquired recap … In the ever-evolving world of banking, Bank Director’s Acquire or Be Acquired Conference remains a constant. Old Ways Won’t Open New Doors While we can’t predict the future, we sure can prepare for it.

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First New Community Bank In Decades Headed To US Market

PYMNTS

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. With clearance to move forward with its plans, the community banking landscape will see its first new industry player in years. Bloomberg listed Casey G.

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Banker Quotes: As Told to Me v7

Jeff For Banks

I learn a lot from bankers and industry experts as I visit their offices, speak to them on the phone or at industry events. And very difficult for bankers to put on their books. Occasionally they will offer an insight that I think my Twitter followers would find interesting. I call them the union years.

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Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

And I am weary of the persistent "get big or get out" mentality of many industry pundits. I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. If their platitudes about scale are correct, then the largest FIs should logically demonstrate better shareholder returns, right?